CAE sells three full-flight simulators for C$42 million
(Reuters) - Aviation trainer CAE Inc CAE.TO CAE.N said it sold three full-flight simulators to Air China 0753.HK (601111.SS: Quote) for C$42 million ($42 million) at list prices.
CAE, which offers civil aviation, military and helicopter training services, said it sold the full-flight simulators for Airbus A320, A330 and Boeing 737 aircraft.
Air China is the national flag carrier of China.
CAE has sold 10 full-flight simulators so far in fiscal year 2013. The company in June announced the sale of four flight simulators to Aviation Industry Corp of China, Singapore Airlines (SIAL.SI: Quote) and two other companies for C$65 million.
Shares of Montreal-based CAE closed at C$9.98 on Friday on the Toronto Stock Exchange.
(Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by Maju Samuel)
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