CAE awaded contracts for seven FFSs, training devices, for over C$95M CAE announced that it has sold seven full-flight simulators, or FFSs, and a series of training devices and simulator update services. These include the sale of two Airbus A320 FFSs and a Boeing 737 FFS to Shanghai Eastern Flight Training Center; an A320 to the Zhuhai Flight Training Centre; and a Boeing 737 FFS, an Airbus A320 FFS and a Boeing 787 FFS to undisclosed customers. The contracts are valued at more than C$95M at list prices and bring the total FFS sales that CAE has announced to date during FY13 to 30. Two of the FFS orders were signed in the third quarter ended December 31, 2012 and the remaining five in Q4.
CAE awarded contracts valued at more than C$100M CAE announced that is has signed a series of civil aviation training solutions contracts worth more than C$100M with airlines and aircraft operators. These contracts include: the renewal of its training service outsourcing agreement with legacy carrier Iberia for ten more years; the renewal of long-term training services with Turkish Airlines; an ERJ170 training services agreement with Compass Airlines; the sale of a full-flight simulator to a customer in the United States; and the sale of a CAE Simfinity(TM)XR integrated procedure trainer to Aegean.