CAE wins $102M in contracts from Air China, easyJet
Contracts include three simulators and a training supplier deal.
MONTREAL: CAE has won more than $100 million in contracts that include three flight simulators for Air China and flight training services for easyJet in Europe.
The Montreal-based aerospace manufacturer of flight simulation technology and training provider said it has been selected by easyJet, Europe’s top air transport network, as a preferred training supplier. easyJet has also extended a long-term pilot training services agreement with CAE in a total contract valued at more than $60 million.
CAE said the pilot training solution leverages facilities from its recent acquisition of Oxford Aviation Academy. CAE also provides crew-sourcing services to easyJet.
The company added seven training centres to its network by acquiring Oxford in a $314-million deal announced in May. It also entered the pilot and maintenance crew sourcing business with the acquisition of Oxford subsidiary Parc Aviation.
CAE also sold three full-flight simulators to Air China for the Airbus A320, A330 and Boeing 737 aircraft. The contracts are worth $42 million.
The simulators will be deployed to the Air China training centre in Beijing in 2013.
Files from Canadian Press