* CAE has sold six full-flight simulators since April
* Bombardier, ATR, Vietnam Airlines buy FFS
TORONTO, July 6 Flight simulator and aviation
training company CAE Inc (CAE.TO) said on Tuesday it has won
C$55 million ($52 million) in new contracts, including four for
Bombardier Inc (BBDb.TO), ATR ATRK.PS, Vietnam Airlines,
and a company identified only as a "a U.S.-based legacy
airline" all signed contracts for full flight simulators (FFS),
the company said.
Montreal-based CAE said it has now sold six FFS in the
current 2011 financial year, which began April 1. The company
sold 20 FFS in financial 2010, and said it expects to sell
surpass that number this year due to a more positive market
Its contract with Bombardier, the world's No. 3 civil
aircraft maker, is for a simulator for the Montreal-based
company's new Learjet 85 business aircraft.
It will be used for training, as well as to support
aircraft testing and certification ahead of the Learjet 85's
entry into service in 2013.
Toulouse, France-based regional turboprop aircraft maker
ATR ordered a FFS capable of replicating the cockpits of both
its ATR42-600 and ATR72-600 models. CAE will also provide ATR
with a separate simulator for maintenance and flight training.
Vietnam Airlines, the national flag carrier of Vietnam,
ordered an Airbus A320 FFS and has signed a contract with the
CAE Global Academy to train 40 pilots.
CAE said the undisclosed U.S. legacy airline ordered a
Boeing 737 simulator.
CAE's shares were up 1.3 percent at C$9.38 on the Toronto
Stock Exchange shortly after the market opened on Tuesday.
(Reporting by John McCrank; editing by Peter Galloway)