CAE signs new pilot training contracts with IndiGo and Ryanair

Montreal: CAE has signed agreements with Interglobe Aviation Limited (IndiGo) and Europe’s Ryanair to train a total of 1,490 pilots over the next four years for potential hire by the
airlines. At list prices, these contracts represent approximately $30 million
in training services.
CAE will provide 290 first officer and captain candidates for Indigo’s A320 fleet.
Under the terms of the contract, CAE will source, recruit and train
candidates who meet IndiGo’s requirements. CAE will undertake a global search
for recruits, using its considerable international database and leveraging the
CAE Global Academy. Qualified candidates will then train at their nearest CAE
training centres. In 2006 alone, CAE recruited, trained and supplied
approximately 500 pilots for commercial airlines around the world.
Under the terms of the Ryanair contract, CAE will source, recruit and
train 1,200 suitable candidates. Students, ranging from newly trained cadets
up to seasoned captains, will be type-rated by CAE in preparation for line
training on Boeing 737-800 procedures, as observed by Ryanair.
With annual revenues of over C$1 billion, CAE operates in 19 countries
around the world. CAE has sold nearly 700 simulators and training devices to
airlines, aircraft manufacturers, training centres and defence forces for air
and ground purposes in more than 40 countries.
11/04/07 CNW Telbec (Communiqués de presse), Canada