Mumtalakat orders two additional full-flight simulators to support Gulf Air pilot training | Press Release

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Press Release

Issued by CAE Inc..

June 16, 2009

Mumtalakat orders two additional full-flight simulators to support Gulf Air pilot training

Today at the Paris Air Show, CAE announced that it has sold two additional full-flight simulators (FFS) and a suite of support services to Bahrain Mumtalakat Holding Company ("Mumtalakat"), the investment arm of the Kingdom of Bahrain and the owner of Gulf Air, Bahrain's national carrier. The total list price value of the contract exceeds C$50 million.

The contract is for a CAE 7000 Series A330/A340 convertible FFS and an additional CAE 5000 Series A320 FFS. All full-flight simulators for Mumtalakat will feature the CAE TroposT-6000 visual system. In addition, CAE will provide a suite of support services over the next ten years. The contract brings the total FFS sales that CAE has announced during fiscal year 2010 to six.

Last month, CAE had announced the sale of a CAE 5000 Series A320 FFS and CAE Simfinity(TM) Airbus Pilot Transition (APT) trainers for the A320, A330 and A340 aircraft to an undisclosed customer. CAE is now identifying this customer as Mumtalakat

Talal Al Zain, Chief Executive Officer of Mumtalakat and Chairman of Gulf Air, said, "I am pleased to announce the purchase of the new simulators which will enable Gulf Air to offer its flight crews and those from across the Middle East access to the most advanced simulator training equipment. Our investment will help to meet the growing regional demand for pilot and crew training. Today's announcement further enhances Bahrain's already established reputation as a centre of excellence for pilot training and will help to create job opportunities and financial growth in Bahrain."

Marc Parent, Executive Vice President and Chief Operating Officer of CAE, said, Our contracts with Mumtalakat over the past month mark the first time it has ordered simulation equipment from CAE, and we are delighted Mumtalakat has placed its trust and confidence in CAE's world-class simulation solutions. We are excited to begin a long-term relationship with Mumtalakat's Gulf Air holdings subsidiary as we work closely together to tailor our comprehensive training solutions to help meet their growth objectives."