CAE Awarded $40M in Contracts by Garuda Indonesia


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


CAE (NYSE: CAE) today announced that it has sold three CAE 7000 Series Level D full-flight simulators (FFS) to Garuda Indonesia, Indonesia's national flag carrier, including an Airbus A320, a Boeing 737NG and a Bombardier CRJ 1000.The contracts were signed during CAE's second quarter and are valued at more than C$40 million at list prices. CAE has announced a total of 19 FFS sales during the first half of its fiscal year 2013. The three FFSs will be delivered to Garuda Indonesia's training centre in West Jakarta, Indonesia, and will be ready for training in 2013. They will feature third-generation CAE Tropos(TM)-6000 visual systems and will be supported by CAE's True Airport online visual database service.In addition to the three simulators, Garuda Indonesia will be the first customer to implement the CAE SIMplify(TM) spares and repairs support program. CAE SIMplify is a pre-planned, budgeted approach which leverages CAE's worldwide depots and optimises training centre operator inventory investment. CAE SIMplify is a component of CAE's Long-Term Support Agreement (LTSA) services designed to enhance an airline customer's working capital options by leveraging CAE's global simulator support presence and expertise."We are proud to work once See full press release

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsGuidanceContractsGlobal