June 15, 2012
CAE awarded contracts for four full-flight simulators, training devices and updates
CAE has sold four full-flight simulators (FFSs), including the first full-flight simulator (FFS) for the new AVIC medium-sized transport aircraft to the Aviation Industry Corporation of China (AVIC), an A330 FFS to Singapore Airlines, an A320 FFS to Zhuhai Flight Training Center (ZFTC), a joint venture of China Southern Airlines and CAE and an Embraer ERJ 190/195 to an undisclosed European customer. CAE also sold simulator updates as well as a series of training devices to various customers. They include CAE Simfinity Integrated Procedures Trainers (IPTs), Airbus Procedures Trainers (APT), Flight Training Devices (FTDs) and CAE Simfinity Virtual Simulators (VSIM). The contracts are worth a total of more than C$65m at list prices.