Market Intelligence: Indian Subcontinent
Indian Flight Training Group Meets Union Minister Of Civil Aviation in September 2024
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Flight Training Management Software Announces Additional Growth Investment
FlightLogger, the leading provider of cloud-based flight school management software, has secured an additional, significant growth investment from Arcadea Group, a permanent capital investor in high-growth VSaaS companies. This marks the second growth equity investment led by Arcadea in FlightLogger, with the first completed in 2022.
With this new investment, FlightLogger is poised to accelerate its product roadmap and market coverage, including groundbreaking features like an AI-driven auto-scheduling suite and advanced analytics tools, ensuring that flight academies using the software remain at the cutting edge of technology and efficiency.
Paul Yancich, Managing Director of Arcadea, highlighted the strategic decision behind the additional investment: “FlightLogger has surpassed our expectations and has an even bigger opportunity than we had originally thought. This capital will accelerate what they’re already doing so well.”
Mads Larsen, CEO of FlightLogger, added, “While competitors are driven by short-term financial targets, FlightLogger remains focused on delivering value and innovation for the long haul. Our long-term success relies on our ability to continuously add more value to flight academies. This investment allows us to accelerate our ambitious roadmap, including our soon-to-be-released AI-driven auto-scheduling suite, insights tools, and other products and enhancements.”
Kenneth Jeppesen, Founder and continued equity holder of FlightLogger, added, “Our vision for the industry is bold and ambitious. We’re thrilled to be able to add additional resources in order to execute against our customer-centric approach to growth.”
About FlightLogger
FlightLogger, founded in 2011, provides a comprehensive cloud-based platform designed specifically for flight schools. The software integrates scheduling, student management, maintenance tracking, and billing into one seamless system, helping flight schools of all sizes operate more efficiently. FlightLogger’s platform is used by 200 flight schools across Europe, Asia, North America, and beyond.
About Arcadea Group
Arcadea Group invests in high-quality, capital-efficient, founder-led software companies over ultra-long-term durations. With offices in Toronto, Canada, and Orlando, Florida, and investments globally, Arcadea leverages its permanent capital structure to support the long-term growth potential of industry-leading SaaS vendors.
Source: Flightlogger
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Full Flight Simulator Training Center Operator Seeking Used B737MAX FFS for Purchase
A full flight simulator training center operator is seeking to speak with owners of second-hand Boeing B737MAX full flight simulators about a potential acquisition.
For more information kindly contact us.
E-Learning and Flight Training Solution Provider Launches Interactive DA42 Aircraft Training
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India-based University Partners with Aviation Training Academy to Launch BSc (Hons) Aviation Programs
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Aviation Association Reports Highlights Significance of Global Grounded Fleet in 2024
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Hyderabad-based AVIACONS Showcases India Assembled TAV 1000i Trainer
Hyderabad, India – AVIACONS, an aviation training services organisation specializing in ab-initio training of pilots, showcases their TAV 1000i which is a BATD & G1000 trainer. The device was first shown at the Indian Airshow Wings India 2024 and since then has seen a number of orders from other training centers.
This Basic Aircraft Training Device (BATD) provides a realistic simulation of aircraft controls and systems for pilot training and helps pilots practice and refine their skills in a controlled environment. Garmin 1000 Procedure Trainer Simulates the Garmin 1000 avionics suite, allowing pilots to practice navigation, communication, and aircraft management procedures.
Source: AVIACONS
Photo Credit: AVIACONS
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L3Harris Airline Academy Inducts 2024 IndiGo Cadet Pilot Program Batch in September 2024
L3Harris Airline Academy, which conducts the flight training for Indian students in Sanford – Florida, United States and which opened applications for the 2024 IndiGo Cadet Pilot Program in July 2024 has now welcomed 12 new aspiring pilots.
India’s largest low-cost carrier IndiGo has extended its Cadet Pilot Program agreement with L3Harris Commercial Aviation in 2023. “We are pleased to confirm we have extended our agreement with Indigo for the Cadet Pilot Program. This extension strengthens our relationship with Indigo and reaffirms the faith the airline has on the quality of training delivered by L3Harris. Our recent intake of students are currently undertaking their ground school training and we now look forward to welcoming the next intake soon!” shared L3Harris Commercial Aviation in 2023.
Source: Rahul Waghmare (L3Harris Airline Academy)
Photo Credit: L3Harris Airline Academy (shown as meta image)
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Airbus Announces Commercial Aircraft Orders and Deliveries for the Month of August 2024
In August 2024, European aircraft manufacturer Airbus:
- Delivered 47 aircraft to 31 customers
- 5 A220-300
- 12 A320neo
- 24 A321neo
- 1 A330-900
- 4 A350-900
- 1 A350-1000
- Secured 46 orders
- 10 A220-300
- 3 A320neo
- 30 A330-900
- 3 A350-900
- Year to date Airbus has delivered 447 aircraft to 75 customers.
AFM Team Note – kindly contact us for a detailed Excel breakdown of orders and deliveries by airline.
Source: Airbus
Photo Credit: Airbus