CAE announced today at the Farnborough Air Show that it has signed an agreement with Mitsubishi Aircraft Corporation (MJET) to develop and deliver a comprehensive training solution for the new Mitsubishi  regional jet (MRJ). The agreement includes a 10-year Exclusive Training Provider program, and the establishment of two training centres initially in Japan and the United States.

In support of the agreement, CAE is expanding its training network and developing two CAE 7000 Series MRJ full-flight simulators (FFS) as well as CAE SimfinityTM integrated procedures trainers. CAE will also design curriculum and courseware, and provide CAE training for pilots, maintenance technicians, cabin crew, dispatchers and ground support personnel. The two simulators will be the world's first two MRJ FFSs and will be deployed by CAE at the two training centres established for MRJ training.

"We concluded that CAE, with its vast experience, human resources and proven capabilities, would be our best partner for training," said Hideo Egawa, President of Mitsubishi Aircraft Corporation.  "We're confident that working in collaboration with CAE, we will be able to provide our customers with the best training one could ask for."

The MRJ is a next-generation regional aircraft which leverages Mitsubishi's more than 60 years of manufacturing expertise, including recent development of composites for the Boeing 777 and 787 models. The 70-90 seat MRJ is planned to enter service in 2014 with launch customer All Nippon Airways (ANA).

"The comprehensive scope of the MRJ Exclusive Training Provider program showcases the unique breadth of CAE's simulation and training capabilities," said Jeff Roberts, CAE's Group President, Civil Simulation Products, Training and Services. "The MRJ training program includes a complete courseware solution, a suite of high-fidelity flight simulation training devices, training for the full complement of aviation professionals who will operate and service the aircraft, and CAE's demonstrated ability to collaborate successfully with OEMs and training partners."

Training programs will be ready in 2013 at training centres in the Tokyo, Japan area and the central United States. Additional training centres will be established based on market requirements.

About Mitsubishi Aircraft Corporation

Mitsubishi Aircraft Corporation (MJET) commenced operation on April 1, 2008 to conduct the design, type certification, procurement, sales & marketing and customer support of the Mitsubishi Regional Jet (MRJ). It is currently capitalized at 100 billion yen, with this financing being furnished by, among others, Mitsubishi Heavy Industries, Ltd., Toyota Motor Corporation, Mitsubishi Corporation, Sumitomo Corporation and Mitsui & Co., Ltd.

About MRJ

The Mitsubishi Regional Jet (MRJ) is a family of 70- to 90-seat next-generation regional jets, which will offer both top-class operational economy and outstanding cabin comfort based on a vision of applying advanced mainline jet technology to create a new standard for next-generation regional jets. The MRJ is under development by MJET and will be based on cutting-edge technology cultivated by Mitsubishi Heavy Industries, Ltd. (MHI) during its many years engaged in the development and manufacture of both military and commercial aircraft. By featuring state-of-the-art aerodynamic design, noise analysis technologies and a game-changing engine, the MRJ will significantly cut fuel consumption, noise and emissions, consequently improving competitiveness and profitability for airlines. The MRJ will have a four-abreast seat configuration, with large overhead bins, and also feature an innovative slim seat that offers heightened comfort to passengers.

About CAE

CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1.5 billion, CAE employs more than 7,000 people at more than 100 sites and training locations in more than 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 29 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and, through CAE's professional services division, we assist customers with a wide range of simulation-based needs.


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CAE contacts:

Nathalie Bourque, Vice President, Public Affairs and Global Communications,
(514) 734-5788, [email protected]

Trade media:  Chris Stellwag,  Director, Marketing Communications, Military and Civil,
(813) 887-1242, [email protected]

Investor relations: Andrew Arnovitz, Vice President, Investor Relations and Strategy,
(514) 734-5760, [email protected]