Paul Chiasson
CAE Inc. has sold two full flight simulators to the training subsidiary of China Eastern Airlines.
The Montreal-based maker of training equipment for commercial airline pilots and military personnel says the new contract is worth $30-million at list prices.
The airline's subsidiary, Shanghai Eastern Flight Training Company, has ordered an Airbus A320 and an Airbus A330 flight simulator.
The equipment will be delivered to Shanghai Eastern next year.
CAE also announced the cancellation of one simulator that was sold during a prior financial year. It didn't provide details about the cancellation.