CAE renews long-term commercial training and services contracts with Jazz Aviation LP

MONTREAL, CANADA—(Marketwired – Oct. 29, 2013) – (NYSE:CAE)(TSX:CAE) – CAE and Jazz Aviation LP announced today that they have renewed their exclusive long-term training services agreements. Under the renewed agreements, CAE will continue to provide training services on all of Jazz’s fleet types, namely the Bombardier CRJ, DHC8-100/300 and Q400 aircraft. CAE will serve Jazz using its state-of the-art full flight simulators and CAE Simfinity™ training products, located at CAE training centres in Vancouver, Toronto and Montreal, Canada.

“We are pleased to continue the professional working relationship with CAE and to renew this long term contract,” stated Steve Linthwaite, Vice-President of Flight Operations for Jazz Aviation LP. “The cost savings and efficiencies achieved through this renewed contract highlight the mutual success that has resulted from our long term relationship”.

“As our long-standing customers continue to choose CAE as their training partner of choice, we are delighted to be extending our successful relationship with Jazz into the next decade,” said Nick Leontidis, CAE Group President, Civil Simulation Products, Training and Services. “We strive to provide regional airlines such as Jazz, the tailored solutions they need in the most convenient locations for them.”