|By Marketwired .||
|July 8, 2014 06:07 AM EDT||
MONTREAL, CANADA -- (Marketwired) -- 07/08/14 -- (NYSE:CAE)(TSX:CAE) - CAE today announced that it has signed contracts for civil aviation training solutions including seven full-flight simulators (FFSs), a series of training devices as well as simulator update services to customers in North America, Asia, the Middle East and Eurasia. The contracts include the sale of:
-- one Bombardier Challenger 350 FFS to Bombardier Aerospace, -- three B737-900ER and one ATR72-600 FFSs to Lion Air, -- one Airbus A320 FFS to Middle East Airlines, -- one Boeing 777 FFS to Turkish Airlines, and -- major A320 simulator update services to Air France
The contracts are worth a total of approximately C$120 million at list prices. List prices include the value of OEM aircraft-specific data, parts and equipment (DP&E), normally procured by CAE in the manufacture of its simulators. In the case of these contracts, some customers are providing part of the OEM content. These sales bring to eleven the sales announced by CAE in its first quarter of fiscal year 2015, which started April 1, 2014.
"Our customers expect innovative, high quality training solutions and a best-in-class customer experience to meet their pilot training needs, and we are proud to be their partner of choice as they continue to expand their fleets," said Nick Leontidis, CAE's Group President, Civil Simulation and Training. "We value the trust and confidence that Bombardier, Lion Air, Middle East Airlines, Turkish Airlines and Air France place in CAE."
Bombardier Aerospace expanded its long-term relationship with CAE with the purchase of a CAE 5000 Series full-flight simulator reproducing the new Bombardier(i) Challenger 350(i) business jet. The new Challenger 350 aircraft simulator will be delivered to Bombardier's Training Centre in Montreal in the summer of 2015. Bombardier has purchased 14 simulators from CAE since 2000. CAE is Bombardier's Authorized Training Provider on a variety of business jet aircraft since 2007.
"CAE's suite of products has performed consistently within our training centres and we are proud to continue expanding our offering," said Leon Botteron, General Manager, Bombardier Aircraft Training. "CAE's expertise and flexible solutions complement our OEM-designed training curriculum to enhance safety and efficiency for aircraft operators."
Lion Air, Indonesia's leading domestic airline, has purchased four full-flight simulators: three Boeing B737-900ER and one ATR72-600. The contract includes options for four additional simulators. The Boeing simulators are CAE 7000XR Series models, the ATR is a CAE 7000 Series, and they are equipped with the latest generation visual system, the CAE Tropos-6000XR. The first B737 FFS will be delivered to the Lion Air Training Centre at Soekarno-Hatta International Airport, Jakarta, Indonesia in February 2015 and the ATR FFS will be delivered in July of the same year. Lion Air purchased four full-flight simulators from CAE in 2013 and three in 2010. The airline has been a CAE customer since 2007.
"We are happy to continue to grow our relationship with CAE and provide our crews with the highest-level training equipment," said Rusdi Kirana, CEO of Lion Group. "The quality of training our pilots receive in CAE simulators enhances both the safety of our passengers and efficiency of our operations."
Middle East Airlines - Air Liban (MEA)
Middle East Airlines - Air Liban (MEA) has purchased from CAE an Airbus A320 full-flight simulator, as well as a suite of training devices including one A320 Airbus Pilot Transition trainer (APT), one A330 APT and a CAE Simfinity A320/A330 Virtual Simulator classroom trainer. The A320 full-flight simulator is CAE's latest model, the CAE 7000XR Series. It will be delivered and installed in the new MEA Training Centre in Beirut, Lebanon and will be ready for training at the beginning of March 2015.
"Safety is our number one priority, that's why we selected the highest quality and fidelity simulators for our pilot training programs," said Mohamad El-Hout, Chairman - Director General of MEA. "We always had good relations with CAE, the world leader in flight simulation technology and crew training, and I am very glad to strengthen these ties through our new partnership with CAE, whose significance will be reflected in the performance of MEA's new Regional Training and Conference Center".
At the signing ceremony, CAE's President and CEO, Marc Parent, said: "We are delighted to welcome Middle East Airlines to our growing list of customers in the region, we really appreciate the trust and confidence they are placing in CAE for this. We view our CAE 7000XR Series full-flight simulator as the new industry benchmark and we are happy to provide MEA with innovative, high quality training solutions and a best-in-class customer experience to meet its growing pilot training needs. It is the first step towards a growing relationship with MEA in its newly established state-of-the art Training Center in Beirut, which will be followed by further cooperation on various aspects."
Turkish Airlines has purchased a Boeing 777 full-flight simulator. The simulator is a CAE 7000 Series model and it will be delivered to the Turkish Airlines Flight Training Centre at Istanbul International Ataturk Airport in December 2014. Turkish Airlines has been a CAE customer since 1997 and has already purchased five CAE simulators.
"We have a very efficient cooperation with CAE for all our training needs," said Sedat Sekerci, SVP of Flight Training of Turkish Airlines. "Over the years we have leveraged a variety of CAE's products and services to support our continued growth, from cadet training and type-rating to pilot sourcing and purchasing our own simulation equipment."
Air France has ordered major simulator update services for an Airbus A320 full-flight simulator located in Paris, France. The simulator cockpit will be updated to reflect Airbus Standard 1.8, the interface and motion system will be updated with CAE's latest state-of-the-art technology, and the visual system will be updated to the latest generation CAE Tropos 6000XR visual system. The simulator will be ready-for-training in mid-2015.
"Thanks to CAE's update services, we are bringing our training equipment to the latest technology standards and maximizing training value, while being cost-effective," said Gilles Compagnion, Deputy Vice President Flight Crew Training, Air France.
CAE is a global leader in providing comprehensive training solutions based on world-leading simulation technology and integrated training services. The company employs 8,000 people at more than 160 sites and training locations in 35 countries. Our vision is to be our customers' Partner of Choice and we take a long-term approach to customer relationships. We offer our civil aviation and defence and security customers a complete range of highly innovative product, service and training centre solutions designed to help them meet their mission critical needs for safety, efficiency and readiness. We provide similar solutions to customers in healthcare and mining. CAE has the largest installed base of civil and military flight simulators, supported by a range of after-sales services, and has been serving the needs of its customers for nearly 70 years. We have the broadest training services network in the world and offer civil aviation, military and helicopter training services in 67 locations worldwide and train more than 120,000 civil and military crewmembers annually. www.cae.com
Follow us on Twitter @CAE_Inc
(i)Trademarks of Bombardier Inc. or its subsidiaries.
Container technology is shaping the future of DevOps and it’s also changing the way organizations think about application development. With the rise of mobile applications in the enterprise, businesses are abandoning year-long development cycles and embracing technologies that enable rapid development and continuous deployment of apps. In his session at DevOps Summit, Kurt Collins, Developer Evangelist at Built.io, examined how Docker has evolved into a highly effective tool for application del...
Nov. 30, 2015 06:00 AM EST Reads: 382
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound...
Nov. 30, 2015 05:30 AM EST Reads: 493
As organizations shift towards IT-as-a-service models, the need for managing & protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection & E-Discovery of your data - whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise.
Nov. 30, 2015 05:15 AM EST Reads: 248
PubNub has announced the release of BLOCKS, a set of customizable microservices that give developers a simple way to add code and deploy features for realtime apps.PubNub BLOCKS executes business logic directly on the data streaming through PubNub’s network without splitting it off to an intermediary server controlled by the customer. This revolutionary approach streamlines app development, reduces endpoint-to-endpoint latency, and allows apps to better leverage the enormous scalability of PubNu...
Nov. 30, 2015 04:00 AM EST Reads: 347
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Day 2 Keynote at 17th Cloud Expo, San...
Nov. 30, 2015 04:00 AM EST Reads: 605
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user e...
Nov. 30, 2015 03:45 AM EST Reads: 435
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace. Traditional approaches for driving innovation are now woefully inadequate for keeping up with the breadth of disruption and change facin...
Nov. 30, 2015 03:00 AM EST Reads: 511
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, explored the IoT cloud-based platform technologies driving t...
Nov. 30, 2015 02:00 AM EST Reads: 446
I recently attended and was a speaker at the 4th International Internet of @ThingsExpo at the Santa Clara Convention Center. I also had the opportunity to attend this event last year and I wrote a blog from that show talking about how the “Enterprise Impact of IoT” was a key theme of last year’s show. I was curious to see if the same theme would still resonate 365 days later and what, if any, changes I would see in the content presented.
Nov. 30, 2015 02:00 AM EST Reads: 448
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Nov. 30, 2015 12:00 AM EST Reads: 449
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
Nov. 30, 2015 12:00 AM EST Reads: 418
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, explored the value of Kibana 4 for log analysis and provided a hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He examined three use cases: IT operations, business intelligence, and security and compliance. Asaf Yigal is co-founder and VP of Product at log analytics software company Logz.io. In the past, he was co-founder of social-trading platform Currensee, which...
Nov. 29, 2015 04:00 PM EST Reads: 255
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Nov. 29, 2015 02:00 PM EST Reads: 488
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
Nov. 29, 2015 01:00 PM EST Reads: 358
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Su...
Nov. 29, 2015 12:45 PM EST Reads: 423