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CAE closes acquisition of CHC Helicopter’s training operations and becomes CHC Helicopter’s training provider

CAE and CHC Helicopter announce the closing of the acquisition by CAE of CHC Helicopter’s helicopter flight training operations. They also announce the execution of the agreement that will see CAE become CHC’s long-term training partner, responsible for training more than 2,000 helicopter pilots and maintenance engineers as well as providing general training, pilot provisioning and certain types of search and rescue training in support of CHC’s global fleet.

The arrangement, announced in December 2010, offers CAE a strong foothold in the helicopter training market and provides CHC with access to CAE’s training network, equipment and personnel. CHC Helicopter’s simulators and two training centres located in Stavanger, Norway and Aberdeen, United Kingdom, have become part of the CAE global training network.

“The helicopter market is of strategic importance to CAE,” said Marc Parent, CAE’s President and CEO. “We intend to continue growing our helicopter training network, leverage our experience in the training of fixed wing pilots and continue to invest in research and development in order to provide the best training possible for helicopter pilots and engineers.”