Singapore, July 18, 2018
Singapore Airlines (SIA) and CAE (NYSE: CAE; TSX: CAE) announced today that they will launch operations of their new Singapore CAE Flight Training Pte. Ltd. (SCFT) joint venture for pilot training in Singapore next month. SIA and CAE have concluded the establishment of the joint venture company and all regulatory approvals have been obtained. Plans for the joint venture were announced in August last year, when a Memorandum of Understanding was signed.
The joint venture will provide simulator and classroom training with an initial focus on Boeing aircraft types, supporting SIA Group airlines and other operators’ pilot training needs in the region. The equally-owned joint venture will operate out of the Singapore Airlines Training Centre (STC) located near Changi Airport.
SIA will transfer four of its full-flight Boeing aircraft simulators to the venture, while additional new CAE-built training equipment including the Boeing 737 MAX and 787 aircraft type full-flight simulators and flight training devices will be deployed by June 2019. The training facility will provide a full range of initial type rating and recurrent training programmes for Boeing 737 MAX, 747, 777 and 787 aircraft types.
“The establishment of Singapore CAE Flight Training brings together the expertise of both SIA and CAE to cater to increasing demand for trained pilots worldwide fuelled by the industry’s strong growth. The joint venture will support the SIA Group’s fleet and network expansion plans, as well as our strategy to develop new revenue-generation opportunities through adjacent businesses. It will also continue to further enhance Singapore’s position as a leading aviation hub,” said Singapore Airlines CEO, Mr Goh Choon Phong.
“CAE is very proud to officially begin our training joint venture operations with our partner of more than 40 years. Together, Singapore Airlines and CAE will deliver world-class pilot training to Singapore Airlines and to other airlines in the region, supporting the fast-growing training needs of operators in Asia-Pacific. We are committed to offering the most innovative and best training experiences to our airline partners and we look forward to continuing to shape the future of training in partnership with Singapore Airlines,” said CAE’s President and CEO, Mr Marc Parent.

Based on the list price for the CRJ900 aircraft, the firm order is valued at approximately US$190 million.
Bombardier Commercial Aircraft announced today that its CRJ700 and CRJ900 Aircraft are now certified to operate at a higher temperature. The CRJ Series obtained a new International Standard Atmosphere certification (ISA + 40 degrees Celsius) from Transport Canada (TC) and the Federal Aviation Agency (FAA) in May 2018.

MONTREAL, June 27, 2018 /CNW Telbec/ – Air Transat, wholly-owned business unit of Transat A.T. Inc., has signed an agreement with AerCap for the long-term lease of seven new Airbus aircraft: two A321neos and five A321neo LRs (long-range). These next-generation, single-aisle jets, which will be delivered gradually between 2020 and 2022, will notably replace wide-body A330s whose leases will expire during this period.
The operationally efficient jets are to be delivered beginning in late 2018 with the last delivery to occur in 2020. They will feature Bombardier’s new Atmosphère Cabin, including increased carry-on bag capacity, a larger lavatory and improved aesthetic detail throughout the cabin.
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