Business | Aviation
Mubadala, CAE in flight training deal
The partnership will work towards developing a fully integrated flight training system.
- Staff Report
- Published: 13:10 November 13, 2007
Dubai: Mubadala Development Co. signed a memorandum of understanding on Tuesday with flight training provider CAE in yet another alliance for the Abu Dhabi company.
The partnership will work towards developing a fully integrated flight training system, which Mubadala said was a key training component that will complement the emirate's ongoing aerospace strategy.
The memorandum of understanding sets a collaboration framework for the development of a holistic flight training system, including a multi-crew pilot (MPL) based Ab Initio flight training program to address the commercial requirements of Mubadala's existing assets in aerospace, as well as the regional requirements that are in growing demand.
CAE is committed to the agreement which outlines collaboration to establish a synthetic training center that delivers type ratings for commercial aircrafts, business jets and helicopter platforms as well as potential military platforms.
“Initially we will focus our co-operation on the UAE, the Middle East and North Africa but we may well embrace an even greater global relationship,'' said Waleed Al Mokarrab Al Muhairi, COO of Mubadala.
“Mubadala is interested in leveraging existing capabilities and solutions such as Etihad's simulator facility and Horizon's well established training programs. These types of synergies will boost our ability to meet increasing market demand," he said.
The deal follows similar alliances with Boeing, Lockheed Martin and other blue-chip aerospace firms.
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