CAE offers training services for pilots and maintenance technicians via a network of 24 aviation training centres to a range of clients worldwide. To address the worldwide shortage of pilots, CAE founded the CAE Global Academy, a global network of flight training organizations. One of the founding members of the CAE Global Academy, HM Aerospace, is located in Malaysia.
Southeast Asia is currently experiencing a severe shortage of pilots. It is expected that more than 1,000 pilots will be required per year in the region over the next 20 years to meet the expanding needs of the industry.
CAE (NYSE: CGT; TSX: 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
AirAsia was recognized at the 2007 Frost & Sullivan Industrial Technologies Awards. The coveted Human Capital Development Award is presented to AirAsia Academy in recognition of the airline's demonstration of excellence in improving their training quality and human capital development within the industry. AirAsia has consistently shown innovation in competitive strategies to stay ahead in this challenging market to emerge as the leading contender for this Award.
AirAsia has carried over 40 million passengers to date, grown from a 2-aircraft fleet to 62 today and now has the most extensive low cost route network in the region of over 80 routes - all within the grasp of six years in operation. The airline today is proud to be a truly ASEAN airline with its network stretches across 10 ASEAN countries.
In 2006, AirAsia added 13 brand new Airbus A320 aircraft to its fleet. The aircraft proves to be a winning choice as AirAsia guests enjoy bigger seating capacity, wider aisles, greater comfort and a quieter ride. Airbus A320 is reputed to be the most modern and sophisticated aircraft of its class, with high reliability and low operating costs. With 24 Airbus A320 now in operation, AirAsia will be adding 126 more to its fleet up to 2014, giving it the largest, youngest and most modern fleet in the region. For more information, log on to www.airasia.com.
SOURCE CAE INC.
CAE announced it has selected Kuala Lumpur as the location for its Southeast Asian training hub, and that it will leverage its existing partnership with AirAsia to develop an aviation centre of...
CAE and AirAsia Expand Relationship to Establish Airline Training Centre of Excellence Joint Venture
The joint venture will also be responsible for the complete training of all of AirAsia's pilots, cabin crew and maintenance and ground services personnel.
CAE is adding IAE V2500 series engine simulation capability to another Airbus A320 full-flight simulator in Kuala Lumpur, Malaysia.
It has sold six simulators to customers in Asia and North America.