Simulator maker inks $120M in deals

MONTREAL — CAE has signed contracts worth about $120 million with several airlines and Bombardier for seven flight simulators, training equipment and other services.

The airlines include Air France, Middle East Airlines, Indonesia’s Lion Air and Turkish Airlines. The contracts include a fullflight simulator reproducing Bombardier’s Challenger 350 business jet, which will be delivered to Bombardier’s training centre in Montreal in 2015.