FARNBOROUGH, UNITED KINGDOM–(Marketwired – July 12, 2016) – (NYSE:CAE)(TSX:CAE) – CAE announces today at the 2016 Farnborough International Airshow the launch of the validation phase of its Next Generation Training System with its longstanding partner AirAsia. Leveraging years of training innovation advances, CAE launched earlier this year the development of its next breakthrough in pilot training referred to as Next Generation Training System. Supported by innovative data collection and analysis techniques, this system promises to improve training quality and efficiency through the integration of untapped data-driven insights into training. Today CAE is announcing the second phase its ground-breaking development in collaboration with AirAsia, focusing on the validation and refinement of the system’s new training capabilities for pilot critical skill performance.
“We are very excited to collaborate with CAE on this innovative program”, said Tony Fernandes, AirAsia’s Group Chief Executive Officer. “This Next Generation Training System is the stepping-stone to reaching a new level in pilot training efficiency. With CAE being the worldwide training leader, we cannot find a better partner to support us with our training needs and provide us with next-level training solutions.”
“We are very proud to launch the validation phase of our Next Generation Training System in partnership with AirAsia”, said Nick Leontidis, CAE’s Group President, Civil Aviation Training Solutions. “The training needs of our airline partners are driving our training philosophy and as such, we are building the Next Generation Training System to allow them to address the growing demand of professional pilots globally. At CAE, we constantly look for forward-looking solutions and we strongly believe this program is shaping the future of training.”
The validation phase of the Next Generation Training System will begin in the Fall 2016. CAE and AirAsia share a relationship that spans over 10 years. Together, they have formed the Asian Aviation Centre of Excellence, a joint venture based in Kuala Lumpur, Malaysia.
About CAE
CAE is a global leader in the delivery of training for the civil aviation, defence and security, and healthcare markets. We design and integrate the industry’s most comprehensive training solutions, anchored by the knowledge and expertise of our 8,000 employees, our world-leading simulation technologies and a track record of service and technology innovation spanning seven decades. Our global presence is the broadest in the industry, with 160 sites and training locations in 35 countries, including our joint venture operations, and the world’s largest installed base of flight simulators. Each year, we train more than 120,000 civil and defence crewmembers, as well as thousands of healthcare professionals. www.cae.com
NOTE TO EDITORS: There will be a photo opportunity with Tony Fernandes, AirAsia’s Group Chief Officer as well as Marc Parent, CAE’s Chief Executive Officer, and Nick Leontidis, CAE’s Group President, Civil Aviation Training Solutions, at CAE’s chalet (Row B #28) on Tuesday, July 12 at 3:30 p.m. (Farnborough, UK time). Photos of the ceremony will be available on www.cae.com/photos
General Media: Helene V. Gagnon, Vice President
Public Affairs and Global Communications
+1-514-340-5536
[email protected]
Investor relations:
Andrew Arnovitz, Vice President
Strategy and Investor Relations
+1-514-734-5760
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Trade Media:
Frederic Morais, Marketing Leader
Civil Aviation Training Solutions
+1-514-506-8331
[email protected]
