CAE Announces Major Simulator Sales and Contracts

Strategic Insights -

CAE, a leading provider of full-flight simulators, has made significant announcements in the airline industry. The company has sold six CAE 7000 Series Level D FFS to various airlines in Asia, Europe, and North America, including British Airways, Garuda Indonesia, Skymark Airlines, US Airways, and an undisclosed North American airline. Additionally, CAE has signed contracts with several airlines for upgrades and updates of CAE-built simulators, valued at approximately CAD100 million based on list prices. These announcements demonstrate CAE's continued leadership in the aviation simulation market.

Key Takeaways:

  • CAE has sold six CAE 7000 Series Level D FFS to airlines in Asia, Europe, and North America for the Boeing 787, Airbus A330, Airbus A380, Airbus A320, and Boeing 737NG aircraft.
  • The contracts include the sale of a Boeing 787 FFS to British Airways, FFSs for the Airbus A330 and Boeing 737NG aircraft to Garuda Indonesia, an FFS for the Airbus A380 aircraft to Skymark Airlines, an Airbus A320 FFS to US Airways, and a Boeing 737-800 FFS to an undisclosed North American airline.
  • CAE has also signed contracts with several airlines for upgrades and updates of CAE-built simulators, valued at approximately CAD100 million based on list prices.
  • The contracts indicate CAE's strong presence in the aviation simulation market, with sales and upgrades to major airlines worldwide.
  • CAE has demonstrated its ability to meet the simulator needs of various airlines, including British Airways, Garuda Indonesia, and US Airways.
  • The company's CAE 7000 Series Level D FFS has been recognized for its high level of accuracy and realism, meeting the demands of airlines worldwide.

Statistics:

  • Six CAE 7000 Series Level D FFS were sold to airlines in Asia, Europe, and North America.
  • The contracts are valued at approximately CAD100 million based on list prices.
  • CAE has signed contracts with several airlines for upgrades and updates of CAE-built simulators.
  • The contracts demonstrate CAE's strong presence in the aviation simulation market, with sales and upgrades to major airlines worldwide.

Sources:

  • Airline Industry Information via Comtex
  • Comtex SmarTrend Alert, an automated pattern recognition system.