Market Intelligence: -Simulator Training Center

FMS Training Solution Provider Announces Newest Customer based in Vienna, Austria

Heading365, a provider of advanced flight management system (FMS) training tools, announces Vienna Aviation Training and Consulting (VATAC) GmbH as its newest customer. Based in Austria and operating internationally, VATAC GmbH is known for delivering high-quality aviation training.

“This partnership holds special significance, as it brings us together again with Christian Wolf, with whom we had the pleasure of working a decade ago at the same airline,” said Heading365. “We look forward to supporting VATAC GmbH in their continued success in aviation training with our A320, A330, B787, B777, and EJet FMS Trainer solutions.”

Source: Heading365
Photo Credit: Heading365

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Global Pilot Training Solution Provider CAE Announces Graduation of First Cohort from Canadian Airline’s Cadet Program

Global pilot training solution provider CAE proudly announces the graduation of the first group of students from the Jazz Approach cadet program, which commenced in January 2023. This talented cohort has successfully completed the intensive training program, demonstrating exceptional skills and dedication. The graduates are now set to start their initial pilot training as First Officers with Jazz’s Air Canada Express operation, marking a significant milestone in their journey toward becoming professional pilots.

Offered by CAE and Chorus Aviation, Jazz Approach is a unique iATPL program designed to train those with no flight experience to be airline-ready first officers for Jazz Aviation LP within 20 months. The total cost of the course was stated in 2023 as $126,000, before taxes. This amount covers the iATPL training, including a jet transition module and CRJ200 type rating. Financing solutions are available through Scotiabank and CIBC.

Source: CAE
Photo Credit: CAE

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Global Pilot Training Solution Provider CAE’s President and CEO Discusses Global Aviation Safety Innovation at Bloomberg Finance Conference

At the recent Bloomberg Canadian Finance Conference 2024, Marc Parent, President & CEO of CAE, shared insights on the company’s commitment to innovation in global aviation safety. In a discussion with Bloomberg’s Derek DeCloet, Parent highlighted CAE’s pivotal role in pilot training and simulator technology, emphasizing that the company operates as a unified entity dedicated to training pilots across both civil aviation and defense sectors.

Parent outlined that CAE is a leader in the aviation training industry, holding the top position globally in simulator sales. With approximately 60% of its revenue generated from civil aviation and 40% from defense, CAE is strategically positioned to meet the growing demand for qualified pilots.

Despite current supply chain challenges in the aviation industry, Parent expressed optimism about future growth, driven by an expected increase in the number of commercial aircraft. Boeing predicts the global fleet of civil airliners will double over the next 20 years, which translates to a need for approximately 284,000 new pilots in the next decade to meet retirements and demand. Notably, half of these prospective pilots have yet to begin their training.

As global travel demand continues to surge, particularly in emerging markets like India and China, CAE is poised to expand its training facilities and services. Parent highlighted the necessity of local training centers, ensuring accessibility for airlines and their pilots worldwide.

Watch the Bloomberg interview here.

Source: CAE and Bloomberg

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