CAE wins two full-flight simulator and training device orders
along with major update contracts valued at C$46 million
- Qantas orders CAE 5000 Series Boeing 737NG FFS
- Hainan Airlines of China to receive CAE 7000 Series Embraer 190 FFS
MONTREAL, Jan. 24 /PRNewswire/ - (NYSE: CGT; TSX: CAE) - CAE has signed contracts to design and manufacture two full-flight simulators (FFS) along with a suite of CAE Simfinity(TM) training devices, and provide a range of major simulator updates and services. The contracts are with Qantas, Hainan Airlines, Airbus, Atlas Air, Singapore Airlines and Virgin Blue. They are valued at C$46 million at list prices and bring the total FFS sales that CAE has announced so far in fiscal 2008 to 31.
Two full-flight simulators
Qantas has ordered a CAE 5000 Series Boeing 737NG simulator and a CAE Simfinity Boeing 737NG Integrated Procedures Trainer (IPT). The simulator will be delivered to the Qantas training centre in Melbourne, Victoria, Australia in spring 2008.
"The CAE 5000 Series fulfills market demands for lower acquisition costs, reduced lifecycle costs and faster delivery times," said Marc Parent, CAE's Group President, Simulation Products and Military Training & Services. "Qantas has a well-earned reputation as a premier airline training organization so we are delighted to add them to our list of customers for the new CAE 5000 Series."
Hainan Airlines, China's fourth largest carrier, will receive a CAE 7000 Series Embraer 190 simulator along with a suite of CAE Simfinity training devices. The simulator will be delivered in 2008 to the Hainan Airlines training centre in Sanya, the southernmost city in the Hainan province. CAE will also provide a CAE Simfinity IPT and CAE Simfinity Virtual Simulators (VSIMs). In 2007, CAE signed a contract to provide Hainan Airlines with an Embraer 145 FFS.
Visual system for A350 engineering development simulator
Airbus has ordered the CAE Tropos(TM)-6000 visual system for an Airbus A350 engineering development simulator.
"We are pleased that Airbus has selected CAE visual system technology to assist in the concept design, test, and validation phases of the new A350 aircraft development program," said Parent.
The CAE Tropos-6000 visual system combines CAE's proven software with the latest commercial-off-the-shelf (COTS) graphics technologies to deliver unprecedented visual realism. The specially designed CAE Tropos-6000 system for Airbus is mounted on a moveable platform to allow Airbus engineers maximum flexibility to use the visual system during aircraft design and evaluation. The CAE Tropos-6000 visual system will be moved between various cockpit configurations of the Airbus A350 aircraft, which is currently in development.
Update and maintenance services
CAE has signed a contract with Atlas Air, the world's largest operator of Boeing 747 freighter aircraft, to perform major update services to a Boeing 747-400 FFS. The update will feature the CAE Tropos-6000 visual system and liquid crystal on silicon (LCoS) projectors, as well as give Atlas Air the option to further upgrade the simulator to the new Boeing 747-8 aircraft configuration. The extensive scope of the update requires CAE to first relocate the simulator to its Montreal manufacturing facility, following which it will be delivered to Atlas Air's training centre in Miami, Florida by late 2008. In addition, CAE will provide Atlas Air with a new CAE Simfinity IPT, convertible to both the Boeing 747-400 and 747-8.
CAE will update two CAE-built FFSs for Singapore Airlines - an Airbus A340 and Boeing 777 - with CAE's next-generation visual solution, including the CAE Tropos-6000 visual system and LCoS projectors. In addition, CAE will upgrade the A340 FFS to include an Airbus A330 configuration, allowing the simulator to be convertible to both the A330 and A340 aircraft platforms.
CAE has also signed a three-year contract with Virgin Blue to provide the airline with maintenance and support services.
CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1 billion, CAE employs approximately 6,000 people at more than 75 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 27 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and through CAE's professional services division, we assist customers with a wide range of simulation-based needs. www.cae.com
SOURCE CAE INC.
CONTACT: Nathalie Bourque, Vice President, Public Affairs and Global, Communications, (514) 734-5788, email@example.com; Trade media: Chris Stellwag, Director, Marketing Communications, Simulation Products and Military Training & Services, (813)-887-1242, firstname.lastname@example.org; Investor relations: Andrew Arnovitz, Vice President, Investor Relations and Strategy, (514) 734-5760, email@example.com -0- Jan/24/2008 14:34 GMT