CAE reported financial results for the second quarter ended September 30, 2008. Earnings from continuing operations were $48.9 million ($0.19 per share) this quarter, compared to $39.0 million ($0.15 per share) in the second quarter of last year. All financial information is in Canadian dollars.

CAE is adding a second Bombardier CRJ full-flight simulator (FFS) to its Madrid training centre, doubling its CRJ platform capacity in the region. The simulator will be a CRJ200 Level D that will support the currently installed CRJ200/900 Level D FFS. It is scheduled to enter into service in early 2009.

CAE has been awarded contracts to design and manufacture five full-flight simulators (FFSs) valued at more than C$56 million at list prices.