CAE signs commercial aviation training solutions contract with Kuwait Airways

Dubai, United Arab Emirates, November 12, 2017 (NYSE: CAE; TSX: CAE) - CAE announced today at the 2017 Dubai Airshow aviation that it has sold one Airbus A320NEO full-flight simulator and one flight training device to support the training needs of Kuwait Airways.

The CAE 7000XR full-flight simulator, equipped with the CAE Tropos 6000XR visual system offering unprecedented realism, and the CAE 500XR flight training device will be delivered to the airline's training centre in Kuwait City, Kuwait. The innovative XR Series training equipment suite will be ready for training at the end of year.

"CAE has been a tremendous training partner over the years, providing state-of-the-art training equipment but also playing a key role in the development and training of our future Captains," said Ebrahim A. Al Khuzan, Chief Executive Officer of Kuwait Airways. "Choosing CAE once again was a matter-of-course; we are glad that our pilots will train on CAE's innovative equipment for our latest A320NEO fleet addition".

"It is a pleasure to support Kuwait Airways' growth and its training needs for its latest A320NEO fleet," said Nick Leontidis, CAE Group President, Civil Simulation and Training. "With about 30,000 new airline pilots needed in the region over the next 10 years, we are honoured to play a central role in the creation of future pilots; we're glad that our airline partner continues to entrust us with our ability to provide comprehensive innovative training solutions."

CAE and Kuwait Airways share a relationship that spans over two decades, with the delivery of innovative training equipment, to the provision of cadet to captain training, including Airbus A320 and Boeing 777 pilot training at the Emirates-CAE Flight Training centre in Dubai. Since the beginning of the year, CAE has also been supporting Kuwait Airways' need for professional pilots through the selection, assessment, and type-rating training of cadets. The airline's future pilots began ground-school training at CAE Oxford, will follow with flight training at CAE Phoenix, and will be completing their type-rating training at CAE London Gatwick. The airline will be recruiting more than 100 CAE-trained pilots over the next 2 years.

The sale of the Airbus A320NEO FFS was included as part CAE's first quarter fiscal 2018 results dated August 10, 2017.