Trade Press Release
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Trade Press Release Cebu Pacific Air adds ATR 72-600 training to a 15-year exclusive agreement with CAE-Cebu joint venture • CAE deployed first CAE ATR 72-600 full-flight simulator to its network in Asia Clark, Philippines, September 9, 2020 (NYSE: CAE; TSX: CAE) – CAE announced today that Cebu Pacific Air (Cebu) added pilot training for ATR 72-600 to an exclusive 15-year training agreement with its joint venture, Philippine Academy for Aviation Training (PAAT). Under the terms of the agreement, CAE instructors will deliver initial and recurrent training to Cebu’s pilots on a brand-new CAE-built ATR 72-600 full-flight simulator (FFS). The device is deployed to CAE Clark training centre in the Philippines and is the first ATR 72-600 full-flight simulator to join CAE’s network in Asia. "Cebu Pacific Air and CAE share a partnership that spans almost 10 years, and CAE is thrilled to continue supporting the airline while it begins to resume travel schedules under new guidelines," said Nick Leontidis, CAE’s Group President, Civil Aviation Training Solutions. "To date, CAE has trained more than 1,000 pilots for Cebu Pacific Air and we look forward to training many more pilots with the most innovative training equipment, best instructors and through COVID-19 safe operational measures. We have a strong commitment to training for safety, and we thank Cebu for their trust.’’ "We are thrilled to begin training our pilots closer to home,’’ said Mike Szucs, Chief Executive Advisor, Cebu Pacific Air. “The new training agreement and deployment of brand-new CAE ATR 72-600 FFS in the region remain instrumental in supporting the development of Cebu’s pilots, and it is a testament to our commitment to delivering the highest level of safety and passenger experience.’’ The ATR 72-600 FFS comes with the most recent Standard from the Original Equipment Manufacturer (OEM) and includes the extended motion envelope allowing trainees to perform Upset Prevention Recovery Training (UPRT). The ATR 72-600 FFS is a great addition complementing the three Airbus A320 FFS that are already installed and servicing the market. As part of the partnership with Cebu, CAE trains the airline’s pilots on the Airbus A320 and A330 platforms at CAE Kuala Lumpur and CAE Hong Kong. The new CAE ATR 72-600 full-flight simulator (FFS) deployed to the CAE Clark training centre will support this new training agreement. About CAE Clark - Philippine Academy for Aviation Training (PAAT) CAE Clark - PAAT is a joint venture between Cebu Pacific Air and CAE. CAE Clark - PAAT offers pilot training for the Airbus A320 aircraft type family and the recently deployed ATR 72-600 aircraft. Our instructors have extensive experience as airline pilots and have previously worked with Airbus training centres abroad. About Cebu Pacific Air Cebu Pacific (PSE: CEB) is the largest carrier in the Philippine air transportation industry. CEB and subsidiary Cebgo fly to 37 domestic and 26 international destinations, with over 108 routes spanning Asia, Australia, the Middle East, and USA. The CEB network operates flights out of seven strategically placed hubs in the Philippines: Clark, Davao, Cagayan de Oro, Kalibo, Cebu, Iloilo and Manila. Trade Press Release CEB boasts of one of the youngest fleets in the world, with a total of 67 aircraft with an average age of 4.8 years. The CEB fleet is comprised of 36 Airbus A320, five Airbus A321CEO (Current Engine Option), and eight Airbus A330; while the Cebgo fleet is composed of eight ATR 72-500, and ten ATR 72-600 aircraft. Between 2018 and 2022, CEB expects delivery of two more Airbus A321 CEO, five A320NEO (New Engine Option), six ATR 72-600, and 32 A321NEO aircraft. Cebu Pacific has achieved full compliance with the International Air Transport Association (IATA) Operational Safety Audit (IOSA)—considered as the accreditation with the highest standards for safety in the airline industry, joining a roster of 429 airlines worldwide that have strictly complied with the most stringent of international standards governing aviation safety. For bookings and inquiries, guests can visit www.cebupacificair.com. Guests may also download the Cebu Pacific official mobile app on the App Store and Google Play. The latest seat sales can be found on CEB’s official Twitter (@CebuPacificAir) and Facebook pages. About CAE CAE is a high technology company, at the leading edge of digital immersion, providing solutions to make the world a safer place. Backed by a record of more than 70 years of industry firsts, we continue to reimagine the customer experience and revolutionize training and operational support solutions in civil aviation, defence and security, and healthcare. We are the partner of choice to customers worldwide who operate in complex, high-stakes and largely regulated environments, where successful outcomes are critical. Testament to our customers’ ongoing needs for our solutions, over 60 percent of CAE’s revenue is recurring in nature. We have the broadest global presence in our industry, with approximately 10,000 employees, 160 sites and training locations in over 35 countries. www.cae.com Follow us on Twitter @CAE_Inc Facebook: www.facebook.com/cae.inc LinkedIn: www.linkedin.com/company/cae Hashtags: #CAE; #CAEpilot CAE contacts: General Media: Hélène V. Gagnon, Vice President, Public Affairs and Global Communications +1-514-340-5536, [email protected] Trade Media: Nathalie Siphengphet, Director, Marketing & Strategy, Civil Aviation Training Solutions +1-514-442-8785, [email protected] Investor Relations: Andrew Arnovitz, Vice President, Strategy and Investor Relations +1-514-734-5760, [email protected] Trade Press Release .