CAE wins commercial aviation training solution contracts valued at more than C$200 million

MONTREAL, CANADA -- (Marketwired) -- 10/18/16 -- (NYSE: CAE)(TSX: CAE) - CAE announced today a series of contracts, including training programs with airlines in North America and Asia, as well as the sale of 12 full-flight simulators for airline training worldwide. These agreements, valued at more than C$200 million, highlight some of the orders CAE has won during its second quarter, and illustrate the span of its commercial aviation training solutions. They include:

Airline pilot training agreements, demonstrating the recurring nature of CAE's offering

--  An exclusive 3-year training contract renewal for CRJ200 pilot training
    with Air Georgian in North America
--  A training contract extension for Boeing 737NG with JEJU air in Asia

The sale of 12 full-flight simulators and update services, highlighting CAE's continued training equipment market leadership

--  Three Airbus A320 full-flight simulators to JetBlue Airways in North
    America
--  One Airbus A320 full-flight simulator to Lufthansa Flight Training in
    Europe
--  One Phenom 100/300 full-flight simulator to Embraer CAE Training
    Services (ECTS), the joint-venture between Embraer and CAE
--  One Airbus A320 full-flight simulator to CAE Simulation Training Private
    Limited (CSTPL), the joint venture between CAE and InterGlobe
    Enterprises in India
--  One Embraer E190 full-flight simulator to SIMAERO in Singapore
--  Five full-flight-simulators, including one C Series, one Boeing 737NG
    and one Airbus A320, to undisclosed customers in North America and the
    Middle-East

"The global commercial aviation market continues to be strong and these contracts reaffirm CAE's position as the global training partner of choice", said Nick Leontidis, CAE's Group President, Civil Aviation Training Solutions. "We are privileged to support our partners' continued success and we are committed to supporting their training needs long into the future."

The sale of 12 full-flight simulators (FFSs) brings the total number of FFS sales announced in the first-half of fiscal 2017 to 21. The FFSs are at list prices, which include the value of OEM aircraft-specific data, parts and equipment (DP&E). In the case of these contracts, some customers are providing part of the OEM content.

More detail about the contracts is available in the trade media fact sheet following the press release.

About CAE

CAE is a global leader in training for the civil aviation, defence and security, and healthcare markets. Backed by a 70-year record of industry firsts, we continue to help define global training standards with our innovative virtual-to-live training solutions to make flying safer, maintain defence force readiness and enhance patient safety. We have the broadest global presence in the industry, with 8,000 employees, 160 sites and training locations in over 35 countries. Each year, we train more than 120,000 civil and defence crewmembers and thousands of healthcare professionals worldwide. www.cae.com.

Follow us on Twitter @CAE_Inc

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                           Trade Media Fact sheet

Air Georgian: CRJ200 Pilot Training
Air Georgian has renewed its pilot training contract with CAE for an
additional 3 years. Under the exclusive agreement, CAE will provide CRJ200
pilot training to more than 140 of the airline's pilots. Pilots began
training last month at the CAE Training Centre in Toronto, Canada. Air
Georgian has been a CAE customer since 2014.

JEJU air: Boeing 737NG Pilot training
JEJU air, Korea's number one low-cost carrier and third largest commercial
airline, has renewed its pilot training contract with CAE. Under the
exclusive agreement, CAE will continue to provide Boeing 737NG pilot
training to support the airline's training needs. Pilots will continue
training at the CAE Seoul Training Centre in Korea. JEJU air has been
outsourcing its pilot training to CAE since 2015.

JetBlue Airways: Three Airbus A320 full-flight simulators
JetBlue Airways signed a new training equipment contract with CAE for the
provision of three Airbus A320 full-flight simulators to support the
airline's aircraft growth. The three CAE 7000XR full-flight simulators will
be equipped with the innovative CAE Tropos 6000XR visual system, and will be
delivered to the JetBlue University in Orlando, Florida starting in Q3 2017.
This order brings the total number of CAE-built full-flight simulators owned
by JetBlue to nine. CAE and JetBlue share a relationship that spans over a
decade, with the provision of training equipment, training centre
operations, turnkey maintenance services, and pilot training through the
recently launched Gateway Select program, the first competency-based ab-
initio training program in North America.

Lufthansa Flight Training: one A320 full-flight simulator
Lufthansa Flight Training (LFT) signed a new training equipment contract
with CAE for the provision of one Airbus A320 full-flight simulator. The CAE
7000XR full-flight simulator will be equipped with CAE Tropos 6000XR visual
system, offering unprecedented realism. The FFS will be delivered to LFT's
training centre in Frankfurt, Germany and will be ready-for-training in Q1
2018. LFT and CAE share a relationship that spans over 35 years, bringing
the total number of FFS purchased and on-order to more than 30.

CAE Simulation Training Private Limited (CSTPL): A320 full-flight simulator
CAE Simulation Training Private Limited (CSTPL) in Greater Noida, NCR Delhi,
India, the joint venture between CAE and InterGlobe Enterprises, has ordered
one Airbus A320 full-flight simulator. The CAE 7000XR full-flight simulator
will be equipped with the innovative CAE Tropos 6000XR visual system. This
sale represents the 5th Airbus A320 owned by CSTPL. The 4th FFS was
inaugurated on September 14th.

The full-flight simulator will be located at the CSTPL 6-bay training center
in Greater Noida along with the other 4 Airbus A320 full-flight simulators
currently in operation. The new simulator will be ready-for-training by
early Spring 2017.

ECTS: one Phenom 100/300 full-flight simulator
Embraer CAE Training Services (ECTS), a joint venture between Embraer and
CAE, has signed a contract for the provision of one Phenom 100/300 full-
flight simulator. The CAE 7000XR Series full-flight simulator will be
located at CAE's training centre in Amsterdam and will be ready for training
in the first quarter of 2018. At the European Business Aviation Convention &
Exhibition (EBACE) in May 2016, ECTS announced the expansion of its training
program for Embraer Phenom 100 and Phenom 300 pilots and maintenance
technicians through the addition of a new location at CAE's training centre
in Amsterdam

SIMAERO: one Embraer E190 full-flight simulator
SIMAERO purchased one Embraer E190 full-flight simulator from CAE. The
state-of-the-art FFS will be equipped with CAE Tropos-6000 Visual Systems,
Liquid Crystal on Silicon (LCoS) projectors, and electro-mechanical motion
systems (EMM). The FFS will be owned by PT SIMAERO INDONESIA and will be
ready for training in the first half of 2017. The simulator will be located
at the Temasek Polytechnic in Singapore.
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Contacts:
CAE contacts:
General Media: Helene V. Gagnon, Vice President,
Public Affairs and Global Communications
1-514-340-5536
[e-mail]

Investor relations:
Andrew Arnovitz, Vice President,
Strategy and Investor Relations
[phone]
[e-mail]

Trade Media:
Frederic Morais, Marketing Leader,
Civil Aviation Training Solutions
[phone]
[e-mail]