CAE To Acquire CHC Helicopter's
December 21, 2010 - CAE and CHC Helicopter, a global
leader in helicopter transportation for the offshore oil
and gas industry, announced on Monday that they have
signed an agreement pursuant to which CAE will acquire
CHC Helicopter's helicopter flight training operations
including four full-flight simulators located in Norway,
United Kingdom and Canada.
Upon closing, CAE will become CHC's long-term partner and will provide training to its more than 2,000 helicopter pilots and maintenance engineers. The training partnership also includes general training, pilot provisioning and certain search and rescue training in support of CHC's global fleet.
transaction is subject to customary closing conditions. After
closing, CAE's global training network will include new training
CHC's number one priority and world-class training is the
cornerstone of safe operations," said William Amelio, President
and Chief Executive Officer of CHC Helicopter. "CAE is a global
leader in training, and establishing a long-term partnership
with CAE will enable us to focus on our core business of
providing superior helicopter services.
have access to CAE's global training network, accredited
trainers and curriculum developers, its world-class simulators,
and other state-of-the art training technology while maintaining
complete control and accountability for our training programs.
The ability to scale training to meet demand is the way of the
future for the helicopter industry."
proud to have CHC Helicopter and its pilots and maintenance
engineers as customers," said Marc Parent, President and CEO of
CAE. "We have listened to their needs and provided them with an
innovative and flexible solution that fits their unique business
be able to increase efficiencies and gain access to CAE's global
training network. We welcome the CHC Helicopter training team to
CAE, and look forward to working with them to continue
delivering the highest-quality training to CHC pilots and
engineers as well as other helicopter operators."
CAE has designed
training systems for the greatest variety of helicopters and is one of
the industry's most experienced providers of turnkey helicopter training
services for both the civil and military markets. CAE is leveraging its
experience in simulation-driven mission scenarios to help improve safety
for helicopter pilots who operate in dynamic environments such as
offshore oil and gas platforms and dense urban areas.
included in the agreement are a Eurocopter AS332L/L1 Super Puma and a
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