CAE wins $50 million in contracts to sell four aircraft simulators to Africa and China
October 8, 2013 By The Canadian Press
CAE Inc. says it has received contracts from customers in Africa and China for four full-flight simulators and flight training devices, valued at $50 million.
The Montreal-based manufacturer says Ethiopian Airlines has ordered a Boeing 787 simulator, while the Zhuhai Flight Training Centre of China has ordered a Sikorsky S-92 helicopter simulator. Two other simulators were ordered by an undisclosed customer in Africa.
Ethiopian Airlines, which purchased a Bombardier Q400 simulator in 2011, also ordered training devices and an upgrade for three full-flight simulators. Meanwhile, the S-92 simulator will be the 26th CAE-built unit to be deployed at the Chinese training centre.
About halfway through its fiscal year, CAE has sold 27 simulators, with the company saying it expects to sell a record 40 units this year, up from 35 last year.
CAE is a global leader in simulators and flight training for civil aviation and defence, employing about 8,000 people at more than 100 sites and training locations in some 30 countries.