TRAINING CENTRES

Airbus and Singapore Airlines (SIA) have signed a Memorandum of Understanding to establish a fight training joint venture in Singapore. The facility will be called Airbus Asia Training Centre (AATC) and will be 55%-owned by Airbus and 45%-owned by Singapore Airlines. The two parties will initially contribute approximately SGD 80 million towards AATC, in proportion to their respective shareholdings. Subject to regulatory approvals, operations are expected to begin before the end of 2014.

The Singapore centre will initially operate from the SIA Training Centre near Changi Airport before moving to Seletar Aerospace Park when a dedicated facility is completed. It will provide type rating and recurrent training on full flight simulators for Airbus A320, A330, A340, A350 and A380 aircraft types.