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CAE Inc
Symbol CAE
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Close 2018-10-23 C$ 24.14
Market Cap C$ 6,435,120,234
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Canada Jetlines signs A320 pilot training deal with CAE

2018-10-23 11:06 ET - News Release

See News Release (C-JET) Canada Jetlines Ltd

Mr. Mark Morabito of Canada Jetlines reports

JETLINES SELECTS CAE FOR AIRBUS A320 PILOT TRAINING

Canada Jetlines Ltd. has signed an exclusive Airbus A320 pilot training agreement with global aviation training leader CAE. Starting in the first half of 2019, CAE instructors will train Jetlines' pilots at CAE'S training centre in Montreal using the latest training equipment suite.

In addition, the airline's pilots will have access, on site and remotely, to the most advanced training material, leveraging Pelesys, a CAE company, for Airbus A320 comprehensive ground-school training solutions. This holistic training solutions experience reduces the time spent in the classroom and will allow crews to be more productive, while ensuring their technical knowledge is maintained at the highest standards.

Vic Charlebois, vice-president of flight operations, commented: "I have long regarded CAE and Pelesys as premier providers of aviation training solutions. Jetlines is eager to support Canadian aviation and encourage growth in all of our industries. There are notable benefits to using a local Canadian company, one of which is the close collaboration to customize training programs for Jetlines' procedures, another is keeping our costs down by having simulators locally accessible."

About Canada Jetlines Ltd.

Canada Jetlines is set to become Canada's first true ultralow-cost carrier (ULCC) airline, with plans to operate flights across Canada and provide non-stop service from Canada to the United States, Mexico and the Caribbean. Jetlines is led by a board and management team with extensive experience and expertise in low-cost airlines, start-ups and capital markets. The company was granted an unprecedented exemption from the government of Canada that will permit it to conduct domestic air services while having up to 49-per-cent foreign voting interests.

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