CAE Inc.
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CAE Inc.

January 19, 2010 07:00 ET

Shanghai Eastern Flight Training orders two CAE 7000 Series full-flight simulators

MONTREAL, QUEBEC--(Marketwire - Jan. 19, 2010) - (TSX:CAE)(NYSE:CAE) - CAE today announced that it has sold Airbus A320 and A330 CAE 7000 Series full-flight simulators (FFS) to Shanghai Eastern Flight Training Company (SEFTC), the training subsidiary of China Eastern Airlines. The contract, valued at approximately C$30 million at list prices, brings the total FFS sales that CAE has announced during fiscal year 2010 to 14.

CAE also announced it received an order cancellation of one simulator that was sold during a prior fiscal year.

The A320 and A330 FFSs, as well as brief-debrief stations, will be delivered to SEFTC in 2011. The simulators will incorporate full six-degree-of-freedom CAE True electric motion systems and new-generation CAE Tropos-6000 visual systems, including liquid crystal on silicon (LCoS) projectors and 200- by 40-degree field-of-view visual displays. Both simulators will be certified to Level D, the highest qualification for flight simulators.

SEFTC currently uses six CAE-produced FFSs at its facilities at Shanghai Pudong Waigaoqiao Free Trade Zone. They include four A320 devices, an A330/340, and a Boeing 737. All feature multiple engine options and CAE Tropos visual systems.

"We are delighted that Shanghai Eastern Flight Training Company Ltd and China Eastern Airlines continue to demonstrate their confidence in CAE as a valued solutions provider for their training requirements," said Jeff Roberts, CAE's Group President, Civil Simulation Products, Training and Services. "As their fleet evolves to address changing market demands, CAE provides the most comprehensive portfolio of products and services, as well as the flexibility to help them adjust to operational needs."

China Eastern Airlines Co., Ltd (CEA) is one of the largest airlines of the Republic of China. CEA operates over 80 international and regional routes and over 330 domestic routes which connect 110 cities in China and abroad. More than 500 CEA pilots have been awarded the Safety Medal by the Civil Air Administration of China (CAAC).

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$1.6 billion, CAE employs more than 6,500 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 29 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.

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