August 7, 2012 / 11:03 AM / in 5 years

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) 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) 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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