Page 20 - AAA NOVEMBER - DECEMBER 2018 Online Magazine

The New Nerve Center announced an investment of C$1 billion in
orth America currently has the largest market share of Project Digital Intelligence, a digital trans-
flight simulators but may not hold on to the position for formation project involving the Canadian
long. With the center of gravity of the aviation industry Government as well as the Government of
Nmoving inexorably towards Asia Pacific and aircraft Quebec that is intended to develop next
deliveries in the region set to accelerate though the next two generation training solutions for aviation,
decades, companies are targeting it as well as other growing defence & security and healthcare. At the
markets such as Latin America and the Middle East. According Singapore Airshow in February this year,
to industry experts, the growth of the flight simulators market will CAE launched the CAE Rise training system,
be strongest in the Asia Pacific region, followed by the Middle
East and Africa, where the rate of growth is expected to be
over four percent.

It is easy to see why Asia Pacific is the main focus area for play-
ers in the industry. More new aircraft will be added by carriers
in the region than any other in the next two decades. According
to Boeing’s 2018-2037 pilot outlook that predicts the need for
as many as 790,000 new pilots globally, the region will lead
the worldwide growth in demand for pilots, with as many as
261,000 new pilots needed in 20 years. North America will
require 206,000 new pilots during the period while Europe, the
Middle East, Latin America, Africa, as well as Russia/Central
Asia will need 146,000, 64,000, 57,000, 29,000 and 27,000
new pilots respectively.

Keeping its Lead intact
Over the last few years, CAE has moved away from being more
than just a producer of flight simulators and has signed major
training system integrator contracts, but the company has been
keen to continue its dominance of the flight simulation equip-
ment market and has launched many new products as well as
initiatives during the period. In August this year, the company

20 | November/December 2018 www.GBP.com.sg/AAA