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CAE has announced that it has signed contracts for five full-flight simulators (FFS), a series of flight training devices and update services. The contracts include the sale of one CRJ200 simulator to Sky Wings in Russia, one B787 simulator to the Zhuhai Flight Training Centre (ZFTC) in China, one Global Vision simulator to Emirates-CAE Flight Training in Dubai, UAE, one B787 simulator to an undisclosed customer in North America, and one helicopter full-flight simulator to another undisclosed customer.
The contracts are worth more than C$90 million at list prices, and bring the total number of FFS sales announced to date for fiscal year 2014 to 38. List prices include the value of OEM aircraft-specific data, parts and equipment (DP&E), normally procured by CAE in the manufacture of its simulators. In the case of these contracts, some customers are providing part of the OEM content.
“Our recent programs wins are a testament to the broad range of our customer relationships and our leadership position in the robust simulation products market,” said Nick Leontidis, CAE group president, civil simulation products, training and services. “We continue to increase our global reach and meet demand in the rapidly growing markets of Asia, the Middle-East, and Russia, while continuing to strengthen our position in North America.”
