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Moncton Flight College Lands Large Pilot Training Deal

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Moncton Flight College Lands Large Pilot Training Deal

May 17, 2006

Beijing,

For Immediate Release

The Moncton Flight College today, signed a two-year contract with the Beijing University of Aeronautics and Astronautics valued at over 10 million dollars to train as many as 150 pilots over the next two years. If all options are exercised over the multiyear plan, it could result in a value of over 60 million dollars over a five-year period with upwards of 800 pilots.

This signing is the result of numerous years of preparation and months of negotiations. The Moncton Flight College ’s recent approval by the Civil Aviation Authority of China to train Chinese pilots was the last major goal that the school had to pass.

The Moncton Flight College is the only flight training school worldwide to have approvals from Transport , the Joint Aviation Authority of Europe and the Civil Aviation Authority of China (CAAC) in one training facility.

The Beijing University of Aeronautics and Astronautics is a major provider of pilots to the Chinese aviation industry.

The training program that the new Chinese pilots will undertake will last 47 weeks. The first group of 30 student pilots is scheduled to be in as early as this July and will be followed by new groups approximately every 90 days.

Mike Doiron , CEO and Principal of the Moncton Flight College stated, ”This is a great day for the College, the Greater Moncton area and the province of New Brunswick . We see this as simply the first of a series of new contracts and programs that will see the College double operations within the next year, and triple by year two. This means new instructor and aircraft maintenance jobs, and numerous spin-offs for the local economy.”

“ alone needs to train approximately 1,200 pilots a year,” Doiron said. MFC recently expanded their facilities by building a new training centre and residence, so are prepared to handle the increased number of students. “Through support from ACOA and also the Province of New Brunswick we find ourselves capable of competing for major training contracts on the international stage. This one is simply the first.” continued Doiron.

Mr. Xu Huibin, Vice President of the University stated during the signing ceremony that Moncton Flight College was chosen because the University will get, “first rate training, first rate instructors and first rate management.” The University has been conducting pilot training jointly with China Southern Airlines for over 20 years, however, this partnership with the Moncton Flight College is the first independent venture for the university.

Mike Tilley , President of CANLink Global, MFC’s partner in says the Moncton Flight College ’s industry reputation, lengthy history, safety record and leading edge training techniques are what have brought them this far in . “The BUAA contract will be the first of several relationships for MFC in . We are in the midst of negotiations with a Chinese airline that has been waiting for MFC to achieve its CAAC certification. Discussions are going very well.”

Moncton Flight College , operating out of the Greater Moncton International Airport in Dieppe, New Brunswick , has a long history of flight training in Atlantic Canada. It has been training pilots from around the world since 1929 and during that time has taught over 15,000 pilots, from over 60 countries. MFC is one of the top producers of commercial pilots in . The school recently graduated 99 pilots from across and from various countries around the world.