CAE to provide training centre operations services for Air Canada; Air Canada's Toronto simulators to be relocated to a 14-bay CAE-Air Canada facility in Toronto - CAE to market excess training capacity under a revenue-sharing agreement with Air Canada.

0 Comments | M2 Presswire, August, 2007

M2 PRESSWIRE-1 August 2007-AIR CANADA: CAE to provide training centre operations services for Air Canada; Air Canada's Toronto simulators to be relocated to a 14-bay CAE-Air Canada facility in Toronto - CAE to market excess training capacity under a revenue-sharing agreement with Air Canada(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:31072007 MONTREAL /CNW Telbec/ - CAE (NYSE: CGT; TSX: CAE) and AirCanada (TSX: AC-A.TO) announced today that they have signed a series of contracts that give CAE the responsibility for training centre operation services for the airline's Toronto and Vancouver centres.

CAE will also market excess training capacity to third parties. Air Canada will continue to conduct its own pilot training, including curriculum and instructors. The...