CAE Inc.
TSX : CAE
NYSE : CGT

CAE Inc.
Bombardier Aerospace
TSX : BBD.A
TSX : BBD.B

Bombardier Aerospace

May 07, 2008 12:35 ET

CAE Becomes Bombardier's Authorized Training Provider for Learjet 40/40 XR and Learjet 45/45 XR Aircraft in Europe

Introduction of Learjet 40/40 XR and Learjet 45/45 XR and Challenger 300 aircraft training programs in Europe

BELFAST, NORTHERN IRELAND--(Marketwire - May 7, 2008) - CAE (TSX:CAE)(NYSE:CGT) and Bombardier Aerospace (TSX:BBD.A)(TSX:BBD.B) are expanding their 20-year Authorized Training Provider agreement to include Learjet 40/40 XR and Learjet 45/45 XR aircraft for European customers. The original agreement announced in June 2007 named CAE as Bombardier's Authorized Training Provider to provide pilot and technical training for Global Express, Global 5000, Global Express XRS, and Challenger 300 aircraft.

To address growing demand, CAE will build and deploy a new Learjet 40/40 XR and Learjet 45/45 XR aircraft full-flight simulator (FFS) to the CAE Burgess Hill Training Centre in the U.K. and a Challenger 300 aircraft FFS in Europe (exact location to be determined) in the fall of 2009. This marks the first time that training programs for these aircraft types will be available in Europe, and will augment Bombardier's existing training capability.

"We're delighted that Bombardier has once again placed their trust and confidence in CAE as a world leading provider of integrated training solutions," said Jeff Roberts, CAE's Group President, Innovation and Civil Training & Services. "Our decision to deploy a new simulator and training programs in Europe underscores our firm commitment to bring CAE's training network closer to the customer than ever before."

CAE and Bombardier are collaborating to provide state-of-the-art training programs that will be delivered by both CAE and Bombardier to customers worldwide.

"Bombardier and CAE make a great team, with CAE providing the expertise we need to ensure the training programs we offer customers are best-in-class," said James Hoblyn, President, Bombardier Aircraft Services. "We look forward to working with CAE to implement a comprehensive training program for the Learjet 40/40 XR and Learjet 45/45 XR aircraft at customers' key locations worldwide."

These training programs are part of CAE's global business aviation expansion announced at NBAA in September 2007. At the show, CAE announced it was increasing its training programs worldwide to address 90% of all business aviation aircraft and cover all major OEMs.

About Bombardier (TSX:BBD)

A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2008, were $17.5 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com.

About CAE (NYSE:CGT)(TSX:CAE)

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

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