CAE awarded contracts for three full-flight simulators, training devices and updates

CAE reported that it has sold three full-flight simulators (FFSs) including an Airbus A330 FFS to Aeroflot, a Boeing 787 FFS to Air Canada and a Boeing 737NG FFS to Kunming Aviation Safety Training Centre in China. CAE also sold two integrated procedures trainers (IPTs) and two virtual maintenance trainers (VMTs) to Air Canada, as well as various flight training devices and simulator updates to other customers. The contracts are worth a total of more than C$50m at list prices and bring the total number of FFS sales that CAE has announced to date during fiscal year 2013 to seven.