CAE to train pilot cadets for Chinese airline at aviation centre in Phoenix

MONTREAL – Shenzhen Airlines has chosen CAE Inc. to select and train additional pilot cadets at a U.S. aviation centre starting this month.

It was one of several contracts announced Monday by CAE. Total value of the equipment and services is about $100 million.

Under the Shenzhen Airlines contract, the Montreal-based company (TSX:CAE) will select, assess and train additional cadets over the next 12 months at a CAE Oxford centre in Phoenix, Arizona.

CAE also receved an extension of a long-term pilot-training agreement at Spring Airlines in Japan and another pilot training contract from a European customer, which CAE didn’t identify.

It has also sold four full-flight simulators and other training equipment to various customers.

The Airbus Asian Training Centre in Singapore is buying a full flight slimulator and a pilot trainer for Airbus A350s. Two additional A350 and one Boeing 787 full flight simulators are being sold to undisclosed customeers in North America.