Longview Aviation Capital Subsidiary Viking Signs Multi-Aircraft Sales Agreement for Next Generation CL-515 Aerial Firefighter & Multi-Role Amphibious Aircraft

Contract to deliver six new aircraft in 2024 is a key step towards full production program

PARIS, June 18, 2019 /PRNewswire/ - Longview Aviation Capital ("Longview") and its subsidiary Viking Air Limited, a global leader of utility aircraft, support and services and manufacturer of the world-renowned Twin Otter, today announced a seven aircraft sales contract for six new-production CL-515 aircraft and one CL-415EAF.

The CL-515 is a newly developed, technically advanced multi-mission aerial firefighting aircraft – the next generation of the CANADAIR CL-415, the aviation industry's benchmark amphibious aircraft and the backbone of firefighting missions around the globe. With enhanced firefighting capabilities, and the flexibility to support a wide range of critical mission operations, the CL-515 will be a vitally important strategic asset to fleets around the world.

The Republic of Indonesia's Ministry of Defense has agreed to purchase six all-new CL-515 aircraft, four of which will be delivered in "First Responder" multi-mission configuration, and two delivered in optimized aerial firefighter configuration. The purchase agreement also includes one CANADAIR CL-415EAF "Enhanced Aerial Firefighter" aircraft converted from a CANADAIR CL-215 to EAF standard by Longview Aviation Capital's subsidiary, Longview Aviation Services.

The Republic of Indonesia's purchase agreement is a firm commitment that is conditional only on Longview Aviation Capital's Board of Directors approving the production launch program.

"We are thrilled to welcome the Republic of Indonesia as the first customer for this extraordinary aircraft," said David Curtis, Chairman and Chief Executive Officer of Longview Aviation Capital. "This contract is a major milestone in bringing the next generation CANADAIR to market. The confidence of a sovereign government in our program is matched by our own confidence in our ability to deliver this new aircraft platform to the world. We are very well advanced in all aspects of program planning, including our supply chain, and we are nearing a final decision on manufacturing and final assembly sites. We expect to complete the remaining program milestones in the near future, and deliver the first new CL-515 on schedule in 2024."

Program Development Process

Since acquiring the type certificates for the CANADAIR amphibious aircraft program from Bombardier in 2016, Longview has had positive discussions with numerous potential customers from around the world, including both governments and private operators, who have enthusiastically encouraged a production restart.

On the basis of the global interest in the unique and unrivalled capabilities of the CL-515, Longview and Viking have invested in a rigorous process ahead of full production launch decision:

• Consulted extensively with current global operators to understand their future aerial firefighting resource requirements
  
  
• Conducted extensive market research and feasibility studies and developed a new all-season multi-mission platform, leveraging advanced technology not previously included in the CL program
  
  
• Consulted with key supplier partners
  
  
• Undertaken advanced supply chain and manufacturing planning, including options associated with Longview's current facilities and potential new facilities in Western Canada
  
  

CL-515 Highlights

• Up to 15% better aerial firefighting productivity, including increased tank capacity and ability to refill in 14 seconds
  
  
• State-of-the-art Collins Pro Line Fusion® digital avionics suite for unrivaled situational awareness
  
  
• Flexible architecture to support multi-mission capabilities including aerial firefighting, maritime patrol, surveillance, medevac, environmental monitoring, insect control, oil spill detection and dispersant
  
  
• Reduced maintenance and operating costs through improved, scalable avionics and superior design
  
  
• Unmatched mission efficiency and flexibility, requiring no runway or reloading capacity during waterbombing firefighting
  
  

"Indonesia is on the front lines of increasing challenges like forest fires, and as an island nation has extensive needs for a range of amphibious capabilities," said Air Chief Marshal Yuyu Sutisna, chief of staff for Indonesia's Air Force. "We have chosen to invest in this aircraft based on the CANADAIR's solid track record demonstrated around the world over the last 50 years, and Viking's established capabilities as an aircraft developer and producer. The next generation CL-515 will have unmatched operational performance, particularly as a firefighter. This aircraft has the best productivity of any aerial firefighting aircraft, capable of delivering the highest quantity of foam retardant per day, while at the same time providing the flexibility to save lives and protect our coastal areas through its multi-role SAR and Maritime Surveillance functionalities. We are proud to sign the first contract for this extraordinary aircraft that will enhance our mission capability at excellent value."

About the CL- 515 "First Responder" Multi-Role Amphibious Aircraft

Building on the pedigree of the CANADAIR CL-415, the CL-515 "First Responder" is the next generation of purpose-built aerial firefighter and multi-role amphibious aircraft. Through the incorporation of new technology and the integration of the state-of-the-art Collins Pro Line Fusion® digital avionics suite, the 515 provides operators with world class reliability, enhanced safety, and unrivaled situational awareness.

The significant global interest in the aircraft is underscored by the increasing worldwide frequency and severity of wildfires as a result of climate change. As truly amphibious aircraft, the CANADAIR CL-415 and the CL-515 are able to refill with water while flying, as well as mix retardant in flight. Requiring no runway to reload water, the aircraft is able to make more frequent waterbombing missions, particularly in remote or difficult to access areas.

The FAR/Part 25-certified Collins Pro Line Fusion® avionics suite is a scalable software-based system that addresses current regulatory requirements while anticipating future expansion. The core avionics configuration features Flight Director, Flight Management System (FMS) coupled with SBAS-GPS and LPV capability, Terrain Awareness Warning System (TAWS), ADS-B Out, Synthetic Vision, crew alerting system display indicators, and a multi-functional keyboard panel with dual cursor controls.

The new-production CL-515 offers exceptional aerial firefighting capabilities offering up to a 15% increase in productivity while reducing maintenance and operating costs. Its expanded tank capacity (7,000 L) and ability to refill in 14 seconds from water sources in close proximity to wildfires allows the CL-515 to drop enormous amounts of foam-injected fire retardant on a continuous basis.

As a true multi-mission platform, the CL-515 First Responder's flexible architecture allows integration of mission equipment for a variety of roles in a single airframe, including aerial firefighting, maritime patrol, surveillance, medevac, environmental monitoring, insect control, oil spill detection and dispersant.

The CL-515 is the only aerial firefighter and multi-mission amphibious aircraft built and supported by an OEM with complete full factory warranty, established world-class product support network, and factory-endorsed Full Motion Level D Flight Simulator, making it the most technically advanced multi-mission aerial firefighting aircraft available on the market.

Added Mr. Curtis: "Our plans for the CL-515 build on our successful track record as an aircraft OEM. Our team conceived and developed the world-renowned Viking Series 400 Twin Otter, and to-date we have sold and delivered new aircraft to operators in 31 countries around the world. Longview and Viking have earned a reputation as the world leader in utility aircraft, and we have every confidence in our company's ability to efficiently produce a multi-role aircraft that will set a new global standard for amphibious operations."

In addition to Viking, Longview Aviation Capital includes De Havilland Aircraft of Canada Limited, OEM of the worldwide Dash 8 aircraft program including the 100, 200 and 300 series and the in-production Dash 8 Series 400 program manufactured in Ontario.

About Longview Aviation Capital Corp.

Longview Aviation Capital Corp. (LAC) was established in 2016 to manage a portfolio of long-term investments in the Canadian aerospace industry. LAC includes the assets of Viking Air Ltd.; De Havilland Aircraft of Canada Limited., owner of the entire Dash 8 program including the 100, 200 and 300 series and the in-production 400 program; Pacific Sky Aviation Ltd; Longview Aviation Asset Management Inc; and Longview Aviation Services.

Longview, through its subsidiaries, holds the Type Certificates for the entire product line of the original De Havilland aircraft company including the Twin Otter program and the DHC-1 through DHC-7 series, as well as the former CANADAIR CL-215, CL-215T, and CL-415 waterbomber aircraft. Longview has a workforce of approximately 1,800 full-time employees in manufacturing and aircraft service support in locations across Canada, including Victoria, Calgary and Toronto.

More information is available at: https://www.lvav.ca

SOURCE Longview Aviation Capital Corp.