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Marc Parent, president and CEO of CAE Inc., poses inside a flight simulator. (Christinne Muschi For The Globe and Mail)
Marc Parent, president and CEO of CAE Inc., poses inside a flight simulator. (Christinne Muschi For The Globe and Mail)

CAE wins contracts for simulators Add to ...

CAE Inc. has secured contracts worth about $100-million for six full-flight simulators to airline customers in Asia, Europe and North America.

The deals, announced Tuesday at the Paris Air Show, are with British Airways, Garuda Indonesia, Skymark Airlines, US Airways and an undisclosed North American airline.

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Montreal-based CAE has also signed contracts with various airlines for upgrades and updates of CAE-built simulators.

The contracts bring the total number of flight simulator sales that CAE has announced to date during fiscal year 2012 to seven.

"These airlines come from Asia, Europe and North America, and each one of them has been our customer for many years, some as long as four decades," said Jeff Roberts, CAE's president of civil aviation products, training and services.

CAE, with more than 7,500 employees in 20-plus countries, has long been a world leader in providing simulators for civil aviation and defence forces.

The company has annual revenues exceeding $1.6-billion.

On Monday, CAE announced that the company and AirAsia are joining forces to form the Asian Aviation Centre of Excellence in Kuala Lumpur, Malaysia.

Its new centre will train pilots, cabin crew, maintenance workers and ground personnel for airlines in the Association of Southeast Asian Nations region.

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