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New CAE customer Stobart Air will begin training its pilots at CAE's training centre in Madrid in the fall of 2017 on the new ATR 72-600 full-flight simulator and at CAE Amsterdam in the first half of 2018 on the Embraer E190 platforms.
CAE offers training for the civil aviation, defence and security, and healthcare markets with training locations in over 35 countries.
With the latest breakthrough technology in CAE simulation, Moldex3D has successfully bridged the communication gap between simulation and manufacturing.
I would like to thank Datamine employees for their contribution to CAE," said Marc Parent, president and CEO of CAE.
Upon conclusion of this transaction, CAE will be the prime contractor responsible for the NATO Flying Training in Canada (NFTC) program that produces qualified military pilots for defence customers.
The revision in the Outlook to Stable reflects Fitch's view that, even if the economic instability continued, Credit Agricole's support for CAE would likely remain unchanged.
It also sold CAE Simfinity(TM) Integrated Procedures Trainers (IPTs) to ECFT and ZFTC, an A320 Airbus Procedures Trainer (APT) for the new Delhi training centre, plus a CAE Simfinity Virtual Simulator (VSIM) to ZFTC, as well as simulator updates and spares to various customers.
The contract with the Indian carrier is to train ab initio pilot cadets at CAE Global Academy Gondia, India and CAE type-rating training centres.
CAE Global Academy Gondia is the newest and most modern flight school in India, opened two years ago to train aspiring airline pilots.
CAE sold one A330/A340 convertible full flight simulator to Saudi Arabian Airlines as well as an enhanced CAE Simfinity Airbus Pilot Transition Trainer, both slated for delivery to the Prince Sultan Aviation Academy in Jeddah in 2011.
Joe Huang, president of ARTC, pointed out that his center's original CAE team has accumulated abundant experiences and know-how in product development and technical cooperation through various projects with manufacturers of automobiles, powered two-wheelers (PTWs), all terrain vehicles (ATVs), trucks and buses, and auto parts.
VCollab Pro converts CAD, CAM, and CAE file output to a .
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