CAE Announces Sale of Four Level D Full-Flight Simulators to Customers Worldwide

CAE today announced significant sales of four Level D full-flight simulators (FFS) to customers in various regions, including Southeast Asia, the Middle East, Eastern Europe, and Australia. The purchased simulators include an Airbus A380 for Thai Airways International, an Airbus A330 for Gulf Aviation Academy (GAA), an Airbus A320 for NITA (New Information Technologies in Aviation) on behalf of the Ministry of Transport of Russia, and an Embraer Phenom 100 for CAE Global Academy Perth, a joint venture flight school with China Southern Airlines. CAE also secured contracts for updates to its existing simulators, amounting to over C$70 million at list prices, bringing the company's total FFS sales announced in fiscal year 2012 to 15.

Key Takeaways:

  • CAE sold four Level D full-flight simulators to various customers worldwide, including Thai Airways International, Gulf Aviation Academy, NITA Russia, and CAE Global Academy Perth.
  • The Thai Airways, Gulf Aviation Academy, and NITA Russia contracts reflect CAE's expansion into emerging markets.
  • CAE's CAE Global Academy network has the capacity to train up to 1,800 new pilots annually across 11 flight schools.
  • The sale of the Embraer Phenom 100 simulator to CAE Global Academy Perth demonstrates CAE's growing capability to meet the demand for well-qualified ab initio pilots.
  • The total value of the contracts for simulator updates exceeds C$70 million at list prices.
  • The CAE 7000 Series A380 FFS will be delivered to Thai Airways in 2013, while the CAE 7000 Series A330 FFS will be delivered to GAA in mid-2012.
  • The simulator for NITA Russia will be delivered in mid-2012 with a CAE TroposTM-6000 visual system.

Statistics:

  • Total FFS sales announced by CAE in fiscal year 2012: 15
  • Total value of contracts for simulator updates: over C$70 million
  • CAE's global network of flight schools can train up to 1,800 new pilots annually
  • CAE Global Academy Perth trains nearly 300 cadet pilots annually
  • CAE has sold 15 FFS units to date in fiscal year 2012

Sources:

  • (2011) CAE Announces FFS Sales to Customers in Southeast Asia, the Middle East, Eastern Europe and Australia. [Euclid Infotech Pvt. Ltd.] Distributed by [Contify.com]
  • (2012) CAE Global Academy. [CAE website]
  • (2012) NITA Russia. [NITA Russia website]