CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1 billion, CAE employs approximately 6,000 people at more than 75 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 27 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and through CAE's professional services division, we assist customers with a wide range of simulation-based needs. www.cae.com
SOURCE CAE INC.
Orders and major update contracts valued at C$46 million.
Qantas Airways, Shanghai Eastern Flight Training Centre (SEFTC), and a customer in India are the buyers.
CAE Wins Contracts for Four Full-flight Siimulators and for Update and Relocation Services Valued at Approximately C$55 Million
The FFS contracts are with Malaysia Airlines, Kenya Airways, Korean Air, and Mount Cook Airlines and bring the total FFS sales that CAE announced in fiscal year 2010 to 10.
CAE Awarded Contracts Valued at More Than C$50 Million for Four Full-flight Simulators and Training Devices
MONTREAL, CANADA--(Marketwire - Dec. 14, 2011) - (NYSE:CAE)(TSX:CAE) - CAE today announced that it has sold four Level D full-flight simulators (FFS), including an ATR 42/72-600 FFS to European...