CAE announces a series of contracts for commercial airline training solutions valued at more than C$90 million

PARIS, FRANCE--(Marketwired - June 15, 2015) - (NYSE:CAE)(TSX:CAE) - CAE today announced at 51^st International Paris Air Show a series of contracts with more than 30 airlines globally for commercial training solutions including:

• Cadet training programs with easyJet, Air China and EVA Air for the supply of 120 cadets
• Pilot type-rating training solutions for airlines including West Atlantic, AeroContractors of Nigeria, Hong-Kong Airlines and Braathens Regional Airlines
• Crew resourcing service agreements
• Three B737 full-flight simulators (FFS) for Hainan Airlines
• One A350 XWB FFS to an undisclosed airline, CAE's ninth A350 XWB FFS sale

"CAE is pleased to be able to serve the global airline pilot training market with the broadest range of commercial aviation cadet to captain training solutions on the largest variety of aircraft platforms," said Nick Leontidis, CAE's Group President, Civil Aviation Training Solutions.

The contracts have an estimated value of more than C$90 million. The full-flight simulators are at list prices, which include the value of OEM aircraft-specific data, parts and equipment (DP&E), normally procured by CAE in the manufacture of its simulators. In the case of these contracts, which are CAE's first four FFS sales for fiscal 2016, some customers are providing part of the OEM content.

easyJet: Multi-crew Pilot License (MPL) First Officer training

easyJet has renewed its competency-based Multi-crew Pilot License (MPL) First Officer program with CAE. The airline will select and train 30 more cadets this year at CAE Oxford Aviation Academy in Oxford, UK. CAE has been providing its pilot training solutions to easyJet since 2011 including MPL, Type Rating & Recurrent training as well as crew resourcing services. To date, CAE has selected, assessed and formed over 100 cadets through the easyJet MPL program where aspiring pilots are trained under the mentorship of easyJet to develop as first officers.