I think CAE stands for “agreeing”, when you think about it. It wasn't meant to be at the beginning, but it turned out to be. CAE was born in 1947, and as I said, it was a former Royal Air Force pilot who wanted to do something innovative and technology-challenging. So we started this, and with the first contract we had from the Canadian government, to do a simulator for a CF-100, well, that took us to where we are today.
When you think about it, we don't spend fuel. It's very safe, because you can crash 15 times if you want to, and it has no consequence. And it's about 10% of the cost. Sixty minutes in a simulator represents six minutes up in the air.
Our simulators are so good because of our innovation that now—and please don't panic over this—the first time a co-pilot flies an actual aircraft, it's with passengers in the back. That was given to us by the FAA in the early seventies because of the motion and the quality of visionics we had; it was so real that they decided to give us that right. And we have that right around the world now.
Just to come back to the expression, which I will note and use many times later, when you talk of innovation being “contagious”, if we were to add companies that were spun off from our employees making start-ups in Montreal, between me, Pratt & Whitney, and Bombardier, we could probably come up with hundreds of companies that were born out of engineers who left us, including eNGENUITY. I could name I don't know how many in Montreal that were started, because innovation is contagious.
Just to finish, to come back to what Mr. Lake was saying about the projects that we have done, even though we are very, very green, we've even improved on this. Through the first R and D program, we had the Phoenix program. We developed a new simulator, which is about half the weight that it was before. So since we ship these big simulators around the world, we're saving on that, too. It's made with companies that developed a new manufacturer in Drummondville, Quebec, to be able to do that.
So that's all. We feel very good about being green.