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CAE Awarded Contracts for 5 FFSs Valued More Than C$60 M
(Montreal, May 6, 2008) -- CAE has signed contracts to design and manufacture five full-flight simulators (FFSs) and associated CAE Simfinity(tm) training devices for customers globally, valued at more than C$60 million at list prices. The contracts are with Lufthansa Flight Training, Flight Training Finance (FTF), Swiss Aviation Training and the Zhuhai Flight Training Centre in China. These are the first five FFS sales that CAE has announced in its fiscal year 2009.
"In keeping with the flow of aircraft deliveries, the majority of simulator orders have come from operators outside North America. We are pleased that international airlines and training centres continue to choose CAE as their simulation equipment provider and we're especially delighted to receive our first order from China for our new CAE 5000 Series simulator," said Marc Parent, CAE's Group President, Simulation Products and Military Training & Services. "CAE offers the industry's most comprehensive portfolio of simulation products that provide the best quality and value for airlines and flight training centres around the world."
Source :
CAE
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