SEOUL, KOREA–(Marketwired – Dec. 4, 2017) – (NYSE:CAE)(TSX:CAE) – CAE and JEJUair, the largest South Korean low-cost carrier, announced today the signing of a new training solutions agreement, including the sale of two CAE-built Boeing 737 full-flight simulators (FFS) to JEJUair. The CAE 7000XR Series simulators will be equipped with the innovative CAE Tropos 6000XR visual system and will be delivered to the CAE Korea training centre (CAE Flight and Simulator Services Korea Ltd.) which will provide maintenance services. CAE already provides instructor-led training services to JEJUair.

“Since 2015, CAE instructors have been delivering an outstanding training experience to our pilots,” said Gyu Nam Choi, JEJUair’s Chief Executive Officer. “As we expand our fleet and grow in the region, we look once again to our partner of choice, for continued world-class training solutions through the most innovative training equipment. We are proud to partner with CAE Korea and we look forward to building our relationship further and long into the future”.

“As the demand for pilots is on the rise in the Asia Pacific region, it truly is a privilege to support the growing training needs of JEJUair and expand our partnership with the fast-growing Korean airline”, said Nick Leontidis, CAE’s Group President, Civil Aviation Training Solutions. “This new training equipment agreement is a testament to CAE’s ability and commitment to provide our airline partners with the most comprehensive training solutions.”

CAE instructors have been delivering training to the airline’s pilots since 2015 at CAE’s training centre in Korea. This order represents the airline’s first CAE-built full-flight simulators purchase. CAE Korea currently operates 6 full-flight simulators at its training centre at Gimpo Airport, covering Boeing 737NG, Airbus A320, A330 and Cessna M2 aircraft platforms.

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 8,500 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