Jet Airways Launches Its Cadet Pilot Training Programme in Partnership With Training Leader CAE

MUMBAI, INDIA--(Marketwired - June 5, 2017) - (NYSE:CAE)(TSX:CAE) - Jet Airways, India's full-service, premiere international airline, in collaboration with CAE, a world leader in training for commercial airlines, today announced the launch of a new Commercial Pilot License (CPL) cadet pilot training programme aimed at creating more than 380 professional pilots over the next five years, in line with the airline's growth strategy. Beginning today, candidates can apply at www.jetairways.com/careers on Jet Airways website or at www.caeoaa.com/jetairways.

As part of the agreement, the first set of 60 cadets will begin training in the second half of 2017, with ground school and flight training at CAE's flight academies in Phoenix, Arizona, USA, and Gondia (NFTI), India. Thereafter, cadets will continue with Boeing 737 type-rating training at CAE's training centre in Bengaluru, India. Upon successful completion of their training programme, the selected candidates will be employed by Jet Airways.

"At Jet Airways, we pride ourselves for leveraging best-in-class technology and innovation in all aspects of our business. That extends as much to our advanced cadet pilot training programme. With the introduction of this training programme, we're creating fresh batches of highly skilled cockpit crew to augment our in-house talent pool. We are delighted to launch a new ab-initio pilot training programme with the world's leading training organisation, our longstanding partner in training CAE. The training module is designed to provide meaningful training in a consistent manner with similar level of content engagement to all pilots." said Amit Agarwal, Chief Executive Officer (Acting), Jet Airways. "CAE has been providing world-class training to our pilots for more than 10 years; we are confident that they will play a fundamental role in the creation of our future pilots, helping us recruit and select top talent."

"As the demand for professional pilots is on the rise globally, we are proud to support our long-standing airline partner's initiative to create future competent pilots. CAE is honoured to partner with Jet Airways through the launch of this new pilot training programme and remains committed to continue delivering high-quality training," said Nick Leontidis, Group President, Civil Aviation Training Solutions, CAE.

CAE and Jet Airways share a relationship that spans over a decade, including the provision of maintenance support services at CAE's Bengaluru training centre. Jet Airways currently owns four CAE-built full-flight simulators, including one Airbus A330 FFS, two Boeing 737NG and one Boeing 777-300ER FFS. The six-bay CAE training centre is located near the Bengaluru International Airport at Devanahalli. Operational since late 2008, it is the first non-airline training centre to earn approval as a fixed-wing Type Rating Training Organisation (TRTO) by India's DGCA.

This new cadet program was announced in a CAE press release issued on May 2, 2017 as a 'new ab-initio pilot training program for to an undisclosed customer in Asia'.

About Jet Airways

Jet Airways is India's premier international airline which operates flights to 65 destinations, including India and overseas. Jet Airways' robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations. Beyond India, Jet Airways operates flights to key international destinations in South East Asia, South Asia, Middle East, Europe and North America. The Jet Airways Group currently operates a fleet of 113 aircraft, comprising Boeing 777-300 ERs, Airbus A330-200/300, Next Generation Boeing 737s and ATR 72-500/600s.

Jet Airways, together with airberlin, Air Serbia, Air Seychelles, Alitalia, Etihad Airways, Etihad Regional operated by Darwin Airline, and NIKI, participates in Etihad Airways Partners. Etihad Airways is part of the Etihad Aviation Group, which also holds minority investments in each of these airlines.

About CAE

CAE is a global leader in training for the civil aviation, defence and security, and healthcare markets. Backed by a 70-year record of industry firsts, we continue to help define global training standards with our innovative virtual-to-live training solutions to make flying safer, maintain defence force readiness and enhance patient safety. We have the broadest global presence in the industry, with more than 8,500 employees, 160 sites and training locations in over 35 countries. Each year, we train more than 120,000 civil and defence crewmembers and thousands of healthcare professionals worldwide. www.cae.com