|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.
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
Feb. 19, 2017 12:00 PM EST Reads: 576
Column Technologies exhibited at SYS-CON's @DevOpsSummit at Cloud Expo, which took place at the Javits Center in New York City, NY, in June 2016. Established in 1998, Column Technologies is a global technology solutions provider with over 400 employees, headquartered in the United States with offices in Canada, India, and the United Kingdom. Column Technologies provides “Best of Breed” technology solutions that automate the key DevOps principals and help our customers meet today’s DevOps and Dig...
Feb. 19, 2017 12:00 PM EST Reads: 697
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Feb. 19, 2017 11:45 AM EST Reads: 934
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 19, 2017 11:30 AM EST Reads: 738
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you...
Feb. 19, 2017 11:30 AM EST Reads: 823
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
Feb. 19, 2017 11:15 AM EST Reads: 1,634
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Feb. 19, 2017 11:15 AM EST Reads: 1,574
DevOps and microservices are permeating software engineering teams broadly, whether these teams are in pure software shops but happen to run a business, such Uber and Airbnb, or in companies that rely heavily on software to run more traditional business, such as financial firms or high-end manufacturers. Microservices and DevOps have created software development and therefore business speed and agility benefits, but they have also created problems; specifically, they have created software securi...
Feb. 19, 2017 11:00 AM EST Reads: 2,888
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buyers...
Feb. 19, 2017 11:00 AM EST Reads: 1,537
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, Cloud Expo and @ThingsExpo are two of the most important technology events of the year. Since its launch over eight years ago, Cloud Expo and @ThingsExpo have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, I provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading the...
Feb. 19, 2017 10:45 AM EST Reads: 7,622
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Feb. 19, 2017 10:45 AM EST Reads: 766
While not quite mainstream yet, WebRTC is starting to gain ground with Carriers, Enterprises and Independent Software Vendors (ISV’s) alike. WebRTC makes it easy for developers to add audio and video communications into their applications by using Web browsers as their platform. But like any market, every customer engagement has unique requirements, as well as constraints. And of course, one size does not fit all. In her session at WebRTC Summit, Dr. Natasha Tamaskar, Vice President, Head of C...
Feb. 19, 2017 10:30 AM EST Reads: 6,515
In their general session at 16th Cloud Expo, Michael Piccininni, Global Account Manager - Cloud SP at EMC Corporation, and Mike Dietze, Regional Director at Windstream Hosted Solutions, reviewed next generation cloud services, including the Windstream-EMC Tier Storage solutions, and discussed how to increase efficiencies, improve service delivery and enhance corporate cloud solution development. Michael Piccininni is Global Account Manager – Cloud SP at EMC Corporation. He has been engaged in t...
Feb. 19, 2017 10:00 AM EST Reads: 5,688
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 19, 2017 10:00 AM EST Reads: 856
TechTarget storage websites are the best online information resource for news, tips and expert advice for the storage, backup and disaster recovery markets. By creating abundant, high-quality editorial content across more than 140 highly targeted technology-specific websites, TechTarget attracts and nurtures communities of technology buyers researching their companies' information technology needs. By understanding these buyers' content consumption behaviors, TechTarget creates the purchase inte...
Feb. 19, 2017 09:45 AM EST Reads: 731