CAE secures its 10th and 11th full-flight simulator orders

CAE secures its 10th and 11th full-flight simulator orders 


MONTREAL, Nov. 3  /PRNewswire-FirstCall/ -- (NYSE: CGT; TSX: CAE) - CAE has
signed a term sheet with US Airways for the delivery of two full-flight
simulators. So far in this fiscal year, CAE has secured 11 of the 12 announced
worldwide competed simulator orders, compared to a total of 11 for all of last
year.

The term sheet involves the delivery of one EMBRAER 170 and one Bombardier
CRJ200 full-flight simulator. Final agreement, including financing terms, is
expected within 30 days.

Under the agreement, US Airways would take delivery of the CRJ200 in spring
2004, while the EMBRAER 170 delivery would occur in August of that same year.

"US Airways and CAE have forged a solid business relationship that is going on
close to 25 years. We turn to CAE repeatedly for our training needs because the
company consistently provides us with high-quality, leading-edge training
equipment that we can rely on," said N. Bruce Ashby, president, US Airways
Express. "CAE delivers on time and is very responsive to our short- and
long-term requirements, throughout the various phases during simulation build
time."

All full-flight simulators currently operated by US Airways are CAE- built.

"We are able to deliver to US Airways the equipment that will satisfy their
regional training requirements," said Nick Leontidis, CAE's executive
vice-president, customers, civil simulation and training. "Increasingly,
regional airlines are finding CAE's value-based integrated training solutions to
be an attractive option. Whether it's equipment or our full spectrum of
integrated services, we tailor our offerings to meet their needs."

CAE's simulator orders so far this fiscal year include contracts to provide
JetBlue Airways with four Airbus A320 and two EMBRAER 190 full-flight
simulators, Airbus with two A380 full-flight simulators and China Eastern
Airlines with a Boeing 737-800 full-flight simulator. All of the simulators,
including US Airways' two orders, will be equipped with the CAE Tropos(TM)
visual system.

CAE is a leading provider of integrated training solutions and advanced
simulation and controls technologies to civil aviation, military and marine
customers. The company generates annual revenues in excess of C$1 billion and
employs more than 6,000 people in Canada, the United States and around the
globe.

High-resolution downloadable photos are available in our Photo Gallery in

the Newsroom section of our Web site: http://www.cae.com/en/photos.shtml 

DATASOURCE: CAE INC.



CONTACT: Johanne Denault, Manager, Public Relations, [phone]

ext. 4889, ; Source: Arthur Perron, Vice-President,

Government and Media Relations, [phone] ext. 5370,

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