CAE Awarded Five Simulator Contracts in Asia Valued at Over C$65 million

Montreal-based CAE today announced that it has sold five Level D full-flight simulators to customers in Asia. The sales include an Airbus A320 and a Boeing 737 to Air China, a Boeing 737 to Shandong Airlines of China, an A320 to the new Cebu Pacific-CAE joint venture aviation training centre in the Philippines, and an A320 for Alpha Aviation Group’s flight training academy in the Philippines. CAE also received contracts for CAE Simfinity integrated procedures trainers and for simulator update services from several airlines. The contracts are worth a total of more than C$65 million at list prices. CAE is a company focused on modelling, simulation and training for civil aviation and defence.