Emirates-CAE signs contract with Prestige Jet for Hawker & Gulfstream jet pilot training

Notes and media contacts

For Emirates, contact:

Frances Barton, Emirates' Corporate Communications.
Tel: (+9714) 203 2144,

For Prestige Jet, contact:
David Baker, Country Manager, Borouj Consulting;
Tel: (+9714 340 3005

For CAE, contact:

Nathalie Bourque, Vice President, Public Affairs and Global Communications, +1-514-734-5788,

Investor relations: Andrew Arnovitz, Vice President, Investor Relations and Strategy,
+1-514-734-5760

About Emirates-CAE Flight Training

Emirates-CAE Flight Training is located close to Dubai International Airport and is jointly operated by the Emirates Group and CAE. Approved by both the JAA and the FAA (FAA Part 142 & TRTO), the facility offers training to commercial airlines and business jet operators in the Middle East, Europe, Africa and Asia. The 14-bay centre currently houses 10 full-flight simulators: two Airbus A320/ACJs, an Airbus A330/340, a Boeing 777, two Boeing 737 NG/BBJs, a Gulfstream IV and a Gulfstream V/550, a Hawker 800/800XP and a Bell 412 helicopter simulator.

About Prestige Jet

Prestige Jet was formed in early 2007. It is a subsidiary of the Al Yasi Group, Abu Dhabi. The company is actively positioning to expand its aviation interests and support the growing need for travel around the region, as well as its many discerning clients. Prestige Jet offers its clients an exclusive and seamless experience of chartering executive jets within the Middle East and beyond.

Prestige Jet aims to own a mixed fleet of aircraft for its own and clients use, whilst its sister company Prestige Air Charter, will promote and expand the fleet and offer ad hoc brokerage business throughout the region.

www.prestigejet.com

www.prestige-air.com

www.prestigeaircharter.com

About CAE

CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1 billion, CAE employs approximately 6,000 people at more than 75 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 27 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and through CAE's professional services division, we assist customers with a wide range of simulation-based needs. www.cae.com

About Emirates Group

The Emirates Group comprises Emirates Airline, Dnata, the largest travel services provider in the Middle East, and a number of other commercial companies.

Based in Dubai, Emirates is one of the world's most successful, and rapidly-expanding airlines. Its all wide-body fleet of 111 aircraft criss-cross the globe, serving 97 cities in 61 countries. Emirates is currently the only airline to operate non-stop flights to six continents from one hub. Although owned by the government of Dubai, Emirates is financially independent and receives no subsidies or protection. It operates and competes with more than 110 airlines operating in Dubai under the city's 'Open skies' regime. Emirates has been profitable every year since inception, with the exception of the second. Annual growth has never fallen below 20 per cent. In its last full financial year, Emirates reported its 19th consecutive year of profits at US$844 million, and carried 17.5 million passengers.

www.ekgroup.com