CAE Awarded Airline Training Solution Contracts Worth C$115M+

CAE

announced today a series of training solution contracts with airlines valued at more than C$115 million. The diversity of these agreements highlights the span of CAE's full range of training programs that cover the entire career life cycle of professional pilots, from cadet to captain. They include:-- A Multi-Crew Pilot Licence (MPL) First Officer Program extension with Japan Airlines for the training of 100 more cadets -- An exclusive five-year contract with Aurora Airlines for A319 pilot type-rating training -- One Airbus A350 full-flight simulator (FFS) to Asiana Airlines -- One Boeing 787-8 FFS to Hainan Airlines -- One Airbus A330 FFS to an undisclosed North American airline -- One Bombardier CRJ900NG FFS to an undisclosed North American airline -- Simulator update services "The training solutions marketplace is competitive, and these recent wins are testament to the high value we place on customer relationships and to the consistency of our high-quality execution," said Nick Leontidis, CAE's Group President, Civil Aviation Training Solutions. "CAE is the only company to offer such a broad range of end-to-end solutions on