FSTC, an Indian aviation training group operating both flight schools and full flight simulator training centers, welcomed CPL Batch No. 39 consisting of 9 cadets in November 2024.
In June 2024 FSTC also added a brand new Boeing B737MAX full flight simulator to its Gurugram facility.
In April FSTC shared its 2024 Group Overview Corporate Video.
Source: FSTC
Photo Credit: FSTC
USA – Flight Schedule Pro, a software solutions provider specializing in flight training and pilot management, has appointed Bryan Landaburu as its new Chief Marketing Officer. The announcement comes as the company, part of the Mainsail Partners portfolio, focuses on consolidating its recent acquisitions and redefining its market approach.
Statements:
Learn more about Flight Schedule Pro or Mr. Landaburu by connecting with him through his LinkedIn profile here.
Source: Bryan Landaburu (Flight Schedule Pro)
Photo Credit: Flight Schedule Pro
Dublin, Ireland – Dublin-based Avia Solutions Group, the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, which operates a 221 aircraft fleet in total, split between 183 passenger aircraft and 38 freighters, has announced its financial results for the three quarters of this 2024.
The Group’s revenues increased by 25% to €2,06 billion compared to the same period last year, while net profit also rose to €83,3 million from €70,8 million. The group’s EBITDA for the period stands at €406 million, an 29% increase compared to the same period last year.
Over the first 9 months of 2024, the main revenue-generating regions for Avia Solutions Group were Europe (55,1%) and Asia (27,9%). The Americas, Africa, Australia and Pacific Islands represented 11,8%, 2,7%, and 1,2% of revenues respectively.
Avia Solutions Group has an ongoing strategy of investing in bolstering its capacity to meet the continued strong demand from airlines globally for additional aircraft during their peak seasons. The Group completed the acquisition of Australian based Skytrans in the first half of 2024, bringing the total number of air operator certificates held by the Group to 11 and over the third quarter also established its first AOC in Thailand, Thai SmartLynx. The Group is planning to obtain further air operator certificates (AOCs) in Malaysia, Philippines and Brazil by the end of 2025.
Jonas Janukenas, CEO of Avia Solutions Group said: “Expanding into Southeast Asia and other counter cyclical markets represents a pivotal strategic direction for the group. These regions offer significant growth opportunities and enable us to optimize fleet utilization year-round. By leveraging the robust demand in these markets, particularly during Europe’s off-peak winter season, we can effectively balance seasonal variations, ensuring our aircraft remain active and profitable while supporting our global network and customer needs.”
According to Janukenas, the cargo market has proved challenging in 2024 due to overcapacity. However, the Group anticipates increasing activity in the cargo market in 2025.
To further the Group’s business development initiatives, Avia Solutions Group also successfully issued US$300 million of five-year senior unsecured bonds with a coupon of 9,75% in the first half of 2024.
Testament to investor confidence in the Group’s strategy is the increase of group equity capital by €300 million in 2024. This growth in group equity capital relates to US-based Certares Management LLC, a private equity investment firm which invested into Avia in 2021, electing to convert its preferred shares to ordinary shares.
In November, the Group placed its first direct order for 80 Boeing 737 MAX, split between 40 firm and 40 purchases rights. The deliveries will start in 2030.
Avia Solutions Group offers its services to customers including some of the largest airlines in the world. The group operates in 68 countries around the world and consists of 250+ companies providing a wide range of aviation services like aircraft maintenance and repair (MRO), pilot and crew training, ground handling, and more. The group’s team encompasses 14,000 highly qualified aviation professionals.
Source: Avia Solutions Group
Photo Credit: Avia Solutions Group
In this week’s AFM Pilot Training Leadership Interview Series we speak with Brett Watts – CEO of True Course Simulations, a simulator manufacturer that specializes in virtual reality flight training.
True Course Simulation offers a simple 3-step learning process that includes a pre-flight briefing, interactive simulations, and visual demonstrations of maneuvers.
The conversation covers:
For more information:
You can find all of the AFM.aero Pilot Training Industry Interview Episodes here.
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HAVELSAN, a pioneering technology company with over 30 years of experience in developing large-scale military flight simulators, is proud to announce its first international export in the field of civil aviation simulators. Under an agreement with France-based SIMAERO, HAVELSAN will deliver an A320 FFS (Full Flight Simulator) to a flight training center in India.
The agreement, which became effective on October 29, represents a significant achievement not only for HAVELSAN but also for Turkey’s technology sector. It establishes a new dimension in Turkey-India trade relations, focusing on civil aviation, a rapidly growing industry worldwide.
Setting New Standards in Aviation Training
As a company committed to innovation, HAVELSAN has consistently delivered cutting-edge solutions to the aviation industry. Our simulators are utilized by leading airlines and training centers, including Turkish Airlines (THY). With the delivery of the A320 FFS to India, HAVELSAN aims to contribute to the development of the country’s aviation infrastructure, aligning with its status as one of the world’s fastest-growing aviation markets.
The A320 FFS is designed to meet the highest industry standards, incorporating EASA Level D certification, AI-driven capabilities, and advanced technologies such as Mixed Reality (MR), Virtual Reality (VR), and Augmented Reality (AR). These features ensure a highly realistic and efficient training environment for pilots, setting a new benchmark in aviation training.
A Strategic Collaboration for Global Growth
The agreement with SIMAERO marks a significant milestone for HAVELSAN’s global expansion strategy. The contract was signed by HAVELSAN’s CEO, Mr. Mehmet Akif Nacar, and SIMAERO India’s General Manager, Mr. Kushbeg Jattana, reinforcing a strong partnership between the two organizations.
On this occasion, HAVELSAN CEO, Mr. Mehmet Akif Nacar, stated: “This project reflects HAVELSAN’s dedication to delivering world-class technological solutions and our commitment to supporting the global aviation industry. Exporting our first civil aviation simulator to India is a source of pride for us and a testament to Turkey’s capabilities in advanced technology development. We look forward to further opportunities to strengthen our presence in the international market.”
Driving Innovation and International Collaboration
As HAVELSAN, we take pride in being a trusted partner in the aviation sector, combining decades of expertise with a forward-looking approach to innovation. This project represents a significant step in our efforts to contribute to the development of aviation training infrastructure on a global scale, and we are honored to be part of India’s journey toward becoming a global aviation leader.
About HAVELSAN
HAVELSAN is a globally recognized leader in flight simulation, training solutions, and software technologies, with over 40 years of experience. The company combines its expertise in military and civil aviation with innovative approaches to deliver tailored solutions for the aviation industry worldwide.
Source: HAVELSAN
Photo Credit: HAVELSAN
Simaero, a global leader in aviation training and simulator services, announced its comprehensive suite of flight simulator upgrade solutions. The Simaero Engineering team leverages years of expertise to deliver cost-effective and reliable enhancements to flight simulation systems worldwide. Simaero’s simulator upgrade services include:
Source: Simaero
Photo Credit: Simaero
Amravati, India – Tata Group-owned Indian flag carrier Air India, which announced plans in July 2024 to establish a flight training organisation at Belora Airport in Amravati, Maharashtra, is now actively searching for candidates to apply for Flight Instructor positions.
The Academy aims to train commercial pilots and will be the largest such flight training organisations in South Asia, planning to become operational in 2025. It will operate 31 single-engine aircraft and three twin-engine aircraft for training purposes.
Please see extracts of the experience requirements below:
Please note this position is only open for Indian nationals.
To learn more about the role and to apply please go here.
Source: Air India
