CAE expands Toronto training center with new Boeing full-flight simulators

Montreal, Canada, May 3, 2022 (NYSE: CAE; TSX: CAE)
Civil Aviation Corporate Trade press release

CAE announced today at the 2022 World Aviation Training Summit (WATS), the expansion of the CAE Toronto Training Center for the deployments of a CAE 7000XR Boeing 787 and a CAE 7000XR Boeing 737 MAX full-flight simulators (FFS) to support its Canadian customers.

CAE is expanding its training center as Canadian airlines are expressing optimism that air travel will normalize in 2022, and as airlines around the world are preparing for business and international travel to return to pre-COVID levels in the following years.

“We are excited to expand our training footprint in Toronto with the immediate addition of new Boeing 787 and 737 MAX simulators to be deployed in the second half of 2022,” said Nick Leontidis, CAE’s Group President, Civil Aviation. “These latest additions complement our offerings and support the efforts of our Canadian-based airlines as they ramp up service and look for future growth.”

At the facility, pilots for the airlines will train on the industry's most advanced full-flight simulators and benefit from digitally immersive solutions that elevate safety, efficiency, and readiness for Canadian travelers from coast to coast.

The CAE 7000XR Series FFS is the latest evolution of CAE’s industry benchmark FFS. Designed in collaboration with CAE’s customers, the CAE 7000XR Series sets a new standard in Level D FFS. Leveraging the latest advancements in technology and training capabilities, the CAE 7000XR Series is designed to optimize life-cycle costs for our customers and to address new and future training requirements. Enhanced features include the CAE Tropos 6000XR for extreme visual realism, a next-generation instructor office, upset prevention recovery training, and it is also built for lower ownership costs and increased reliability.

About CAE

CAE is a high technology company, at the leading edge of digital immersion, providing solutions to make the world a safer place. Backed by a record of 75 years of industry firsts, we continue to reimagine the customer experience and revolutionize training and operational support solutions in civil aviation, defense and security, and healthcare. We are the partner of choice to customers worldwide who operate in complex, high-stakes and largely regulated environments, where successful outcomes are critical. As testament to our customers’ ongoing needs for our solutions, over 60 percent of CAE’s revenue is recurring in nature. We have the broadest global presence in our industry, with more than 13,000 employees, 180 sites, and training locations in over 35 countries. www.cae.com

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