CAE wins contracts for five full-flight simulators and training devices valued at approximately C$60 million

CAE (NYSE:CGT)(TSX:CAE) has won contracts to design and manufacture five full-flight simulators (FFSs) and associated training devices valued at approximately C$60 million at list prices. The contracts are with Continental Airlines, Air China, and Shandong Airlines, and now bring the total FFS sales announced so far in fiscal year 2009 to 31.

"We are pleased airlines around the world continue to trust CAE's true fidelity simulation equipment to support their pilot training programs," said Marc Parent, CAE's Executive Vice President and Chief Operating Officer. "We have the industry's most comprehensive portfolio of simulation products and training services, and remain confident that we can offer cost-effective solutions to address the specific training needs of our customers."

Continental Airlines

Continental Airlines has ordered a comprehensive suite of Boeing 737 Next-Generation (NG) simulation equipment, including two FFSs and a flight training device (FTD). The two CAE 7000 Series FFSs along with the FTD will be delivered to Continental's training centre in Houston in 2009. Continental is taking delivery of new Boeing 737NG aircraft over the next several years for greater fleet flexibility and operational efficiencies as it replaces less efficient 737 Classic aircraft.

"As we add more Boeing 737NG aircraft to our fleet, we need the highest quality and highest fidelity simulators for our pilot training program," said Captain Fred Abbott, Continental's Vice President of Flight Operations. "For many years, CAE has been an excellent partner working with Continental's Flight Training and Purchasing groups to deliver high quality and reliable simulation equipment. We expect this will continue as we add Boeing 737NG simulation equipment to our training portfolio."

Air China/Shandong Airlines

Air China, the flag carrier of the People's Republic of China, and Shandong Airlines have jointly ordered three CAE 7000 Series full-flight simulators (FFSs): two Boeing 737-800 FFSs and one Airbus A320 FFS. One Boeing 737-800 FFS and the A320 FFS will be delivered to Air China's training centre in Beijing in the first half of 2010. The other Boeing 737-800 FFS will be delivered to Shangdong Airlines training centre in Qingdao in 2010. All three simulators will feature the CAE True electric motion system and CAE's next-generation visual solution, including the CAE Tropos-6000 image generator and liquid crystal on silicon (LCoS) projectors.

About 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$1.4 billion, CAE employs approximately 7,000 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

SOURCE: CAE Inc.

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