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SIA, CAE sign MOU to start pilot training JV
SINGAPORE Airlines (SIA) and CAE have inked a memorandum of understanding (MOU) to establish a joint venture (JV) for pilot training in Singapore.
The JV will initially focus primarily on providing simulator training for Boeing aircraft types to cater to pilot training needs for SIA's airlines and other operators in the region.
The 50:50 JV will operate out of the Singapore Airlines Training Centre (STC) near Changi Airport and operations are expected to begin by year-end.
SIA will initially transfer four of its full-flight Boeing aircraft simulators to the venture, while additional CAE-built training equipment will be acquired progressively.
The training facility will provide a full range of initial type rating and recurrent training programmes for Boeing 737 MAX, 747, 777 and 787 aircraft types.
SIA chief executive officer Goh Choon Phong said: "The long-term prospects for the aviation sector are positive, and we are confident that the new flight training joint venture with CAE will further enhance Singapore's position as a leading aviation hub."
CAE's president and CEO Marc Parent added: "This new joint venture will deliver best-in-class training, and will be an asset in supporting the growth of Singapore Airlines, one of the world's premier carriers. CAE is dedicated to offering customers the most innovative training solutions to achieve the highest levels of safety and efficiency."