Commercial training utilization was lower in Europe too, with seasonality being more pronounced than usual because of an extended summer flying season. This also relates to aircraft supply size constraints and special events, namely the Euro Cup and the Paris Olympics, that altered normal travel behavior this season.

Aug 14, 2024 / receipt, needs a key / Marc Perron, CEO | earnings call 2024-08-14 | transcript f1d30b05-b6d4-41d4-aa41-d7229f43deb1 | chars 3750-4068 | segment 3

For Civil, the secular demand picture for aviation training solutions remain very compelling, underpinned by growth in air travel, demand for pilots, And they need for them to stay current with always advancing aviation technology and regulation.

May 28, 2024 / receipt, needs a key / Marc Perron, CEO | earnings call 2024-05-28 | transcript 0d267e32-4e2d-4eff-a4af-0d4b8b6fb464 | chars 16550-16796 | segment 17

In civil, we had another quarter of excellent performance with demand for our training and flight operation solutions continued to be robust across all regions, and notably in Asia, which has lagged in the global recovery in air travel.

Nov 14, 2023 / receipt, needs a key / Marc Perron, CEO | earnings call 2023-11-14 | transcript c0d5a07e-f02f-4060-93dd-d1036d646132 | chars 2153-2389 | segment 2

A lot of U.S. airlines, are talking about their domestic demand is kind of plateauing or coming down, but they are kind of, you know, reallocating some capacity to wide-body aircraft for international travel. I'm curious if you are seeing any significant changes in reassignment training with pilots, especially with respect to your North American customers?

Nov 14, 2023 / receipt, needs a key / Conor Gupta, other | earnings call 2023-11-14 | transcript c0d5a07e-f02f-4060-93dd-d1036d646132 | chars 45727-46085 | segment 45

In civil, we expect to continue growing at above market rate, driven by the growth and recovery in air travel, increased penetration, of the existing addressable market for training and flight services solution, and a sustained high level of demand for pilots and pilot training across all segments of aviation.

Nov 14, 2023 / receipt, needs a key / Marc Perron, CEO | earnings call 2023-11-14 | transcript c0d5a07e-f02f-4060-93dd-d1036d646132 | chars 10125-10436 | segment 10

Anyone who's traveled by air this summer will know just how busy the airlines have been trying to meet passenger demand. The sequential decrease in training center utilization that we experienced during this summer is a direct reflection of seasonality we typically see as pilots are actively flying during that period.

Nov 14, 2023 / receipt, needs a key / Marc Perron, CEO | earnings call 2023-11-14 | transcript c0d5a07e-f02f-4060-93dd-d1036d646132 | chars 3267-3586 | segment 3

Outsourcing, look, I can tell you, the progress is tremendous. Pretty much as I indicated in the past, I'm very happy what we've seen. We've talked about Qantas before. I was just in last month, I was in Athens with the CEO and his team at AGM, and they're the largest carrier in Greece, and we've done a deal with them. There's other deals that I can't really talk about right now, but I can suffice to say that we're traveling a lot. We're meeting a lot of customers, and we see opportunities to continue to grow Qantas.

Nov 14, 2023 / receipt, needs a key / Mark, CEO | earnings call 2023-11-14 | transcript c0d5a07e-f02f-4060-93dd-d1036d646132 | chars 25978-26500 | segment 26

Yeah, so I just wanted to ask a question on the civil segment and, you know, kind of the impact on potential slowdown in the economy. I know pilot training is regulated and, you know, travel demand is extremely strong right now. But, you know, would past recessions be a good indicator of, you know, what we could potentially expect on the civil side of the business if the economy potentially slowed?

Aug 9, 2023 / receipt, needs a key / James McGregor, other | earnings call 2023-08-09 | transcript 3c0ee4bc-33f2-491a-a557-8c160a25127a | chars 29435-29836 | segment 29

As this increase suggests, commercial and business aviation train demand was strong across all regions, particularly as customers got their required training sessions done ahead of the busy summer travel period.

Aug 9, 2023 / receipt, needs a key / Mark Parent, CEO | earnings call 2023-08-09 | transcript 3c0ee4bc-33f2-491a-a557-8c160a25127a | chars 2838-3049 | segment 2

But you definitely could see it go up above 70%. That's definitely possible. And don't forget, we always work on making sure that we get the best returns out of utilization we get. Okay. And just to follow up on, in the guidance, you mentioned that civil is going to continue growing at a quote, above market rate, unquote. I'm just curious what, I know you gave guidance on the SOI and where you think that's going, but I'm just wondering what is that market rate that you're talking about? Well, we're talking about the underlying rate of growth of mainly airline passenger travel, RPKs. Okay. Got it. Thank you. Operator, I think that's all the time we have for members of the analyst community. We'll now open the line to members of the media if there are any questions there. If you're part of the media and would like to register a question, please press the 1-4 on your telephone. We have a question from . from the Canadian press. Please proceed. Yes, hello, Mr. Parent. Thank you for taking my questions. Can you hear me? Yes. Yes, excellent. Thank you. Maybe on the... I listened to the analyst conference. There were a lot of questions about the 2025 provisions and the path to get there. Maybe you can explain to me in French, in your words, How do you plan to move forward? Where are you now in terms of the forecasts you have for exercise 2025? Well, listen, it's based on the order list we've already won and the orders we expect to win this year. We have a very high confidence in win

May 31, 2023 / receipt, needs a key / N/A, other | earnings call 2023-05-31 | transcript dcd000e4-28d1-42f7-9851-abff1a1b05df | chars 45537-47037 | segment 46

We anticipate continued strong growth in commercial aviation training as flight capacity rises to meet travel demands and as mobility restrictions abate in China, which remains a key driver for airlines mainly operating in Asia Pacific, but also worldwide.

Feb 14, 2023 / receipt, needs a key / Marc Perrin, CEO | earnings call 2023-02-14 | transcript db650741-77c3-457e-9330-61730d8ed88d | chars 11135-11391 | segment 11

Commercial aviation training demand continued to be strongest in the Americas, followed by a seasonal uptick in Europe and in Asia, which has improved with the ongoing easing of travel restrictions in China.

Feb 14, 2023 / receipt, needs a key / Marc Perrin, CEO | earnings call 2023-02-14 | transcript db650741-77c3-457e-9330-61730d8ed88d | chars 3079-3286 | segment 3

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company_statement / Sep 2, 2026 / receipt