CAE Inc.
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CAE Inc.

November 08, 2015 21:00 ET

CAE signs commercial aviation training solutions contract with Saudi Arabian Airlines' Prince Sultan Aviation Academy

Boeing 787 and Boeing 777 full-flight simulators and training devices

DUBAI, UNITED ARAB EMIRATES--(Marketwired - Nov. 8, 2015) - (NYSE:CAE)(TSX:CAE) - CAE announced today at the 2015 Dubai Airshow that it has signed a training equipment contract including the sale of two full-flight simulators (FFS) --a Boeing 777 and a Boeing 787-- and two flight training devices to support Saudi Arabian Airlines' training needs in the region.

"We are delighted to have CAE as our long-standing training solutions partner of choice," said Capt. Badr A. Alolayan - Managing Director Prince Sultan Aviation Academy. "We are confident that CAE will continue to provide state-of-the-art training equipment to support crews training in the region."

"We are proud to expand our training relationship with Saudi Arabian Airlines, supporting the Prince Sultan Aviation Academy with its aviation training requirements," said Nick Leontidis, CAE Group President, Civil Aviation Training Solutions. "We are proud to continue offering state-of-the-art training equipment to airlines, worldwide.

The B777 simulator is a CAE 7000XR Series FFS, while the B787 simulator is a CAE 7000 Series FFS. The training devices include one Boeing 777 and one Boeing 787 CAE 500XR Series flight training devices. The complete training suite will be delivered and installed at Prince Sultan Aviation Academy (PSAA) training centre in Jeddah, Kingdom of Saudi Arabia in 2016.

Saudi Arabian Airlines has been a CAE customer for more than ten years.

About PSAA

Prince Sultan Aviation Academy (PSAA) is the largest aviation training complex in the Kingdom of Saudi Arabia. PSAA became a Strategic Business Unit (SBU) of Saudia on the 7th of April 2010 that provides professional Aviation Advanced Training to Regional and Global commercial air carriers. PSAA has the latest Flight Training equipment including Full Flight Simulators, Fixed Training Devices, Computer Based Training work stations / classrooms, Cabin Emergency Evacuation Trainers, and Door Trainers.

PSAA operates EMB-170, A320-200, B777-200, A330/A340, and B747-400 simulators, covering some of the most widely operated fleet types in the world; fitted to industry-leading specifications that permit training on most variants and sub-types.

Based on 56 years of extensive training and management experience, PSAA provides professional and quality training to commercial air carriers in compliance with regulations of the Kingdom of Saudi Arabia, General Authority of Civil Aviation [GACA] and International Standards.

About CAE

CAE is a global leader in the delivery of training for the civil aviation, defence and security, and healthcare markets. We design and integrate the industry's most comprehensive training solutions, anchored by the knowledge and expertise of our 8,000 employees, our world-leading simulation technologies and a track record of service and technology innovation spanning seven decades. Our global presence is the broadest in the industry, with 160 sites and training locations in 35 countries, including our joint venture operations, and the world's largest installed base of flight simulators. Each year, we train more than 120,000 civil and defence crewmembers, as well as thousands of healthcare professionals. www.cae.com

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This press release was issued to Trade Media.

Contact Information

  • CAE contacts:
    Helene V. Gagnon, Vice President,
    Public Affairs and Global Communications
    +1-514-796-5536
    helene.v.gagnon@cae.com

    Investor relations:
    Andrew Arnovitz, Vice President,
    Strategy and Investor Relations
    +1-514-734-5760
    andrew.arnovitz@cae.com

    Trade Media:
    Frederic Morais, Marketing Leader,
    Civil Aviation Training Solutions
    +1-514-506-8331
    frederic.morais@cae.com