CAE signs mega-deals with airlines

CAE has announced contracts and agreements with airlines around the world for flight training and flight simulators worth CS375m (£212m), including deals with Scandinavian Airlines, Ethiopian Airlines, Korean Air and new Chinese customer Donghai Airlines.

The contracts include:

  • Ab-initio pilot training agreements, illustrating CAE’s support to the growing need for professional airline pilots
  • A new ab-initio pilot training program for the creation of more than 380 professional pilots over the next 5 years to an undisclosed customer in Asia
  • A new ab-initio pilot training program for 100 professional pilots to an undisclosed customer in the Middle-East
  • Airline pilot and cabin crew training contracts, demonstrating the recurring nature of CAE’s offering
  • An exclusive training contract renewal for an additional 2 years for Airbus A320 and Boeing 737NG pilot training as well as cabin crew recruitment and training for Scandinavian Airlines in Europe
  • An exclusive Dornier Do320 and Saab 340/2000 pilot training contract with an undisclosed customer in Europe
  • One Airbus A350 full-flight simulator and one CAE 500XR Series flight training device to Ethiopian Airlines in Africa
  • One Boeing 737NG full-flight simulator and one CAE 400XR Series flight training device to Donghai Airlines in China, a new CAE customer
  • One C Series CS300 full-flight simulator to Korean Air in Korea
  • One Airbus A320 full-flight simulator and one CAE 400XR Series Airbus Pilot Transition (APT) Trainer to the Airbus Training Centre in Europe
  • One Airbus A320 full-flight simulator to Avenger Flight Group in the United States
  • One Boeing 737NG full-flight simulator to ChongQing Yu Xiang Aviation in China
  • Five full-flight simulators, including one Airbus A320, two Airbus A330, one Airbus A350 and one Boeing 767 to undisclosed customers in Asia and in North America.

“We continue to see strong demand in the commercial aviation market and these agreements reaffirm CAE’s position as the industry’s leading global training partner of choice,” said Nick Leontidis, CAE’s Group President, Civil Aviation Training Solutions.

CAE

CAE