Market Intelligence: North America

Pilot Training Industry Supplier Feature – Four Forces

In this week’s AFM Pilot Training Leadership Interview Series AFM’s Customer Success & Business Development Manager Agata Marszalek speaks with Brett Hart, Co-Founder and Chief Executive Officer at Four Forces – a flight school management software that streamlines operations & saves margins with integrated payments.

The conversation covers:

  • Customer-Centric Development: Four Forces emphasizes strong relationships with its customers, continuously gathering feedback through interviews and collaboration. The software is built to address real pain points flight schools face, resulting in features that improve operational efficiency and save time for flight schools.
  • Key Software Features: The software offers functionalities like scheduling, invoicing, training, maintenance management, and student retention tools, with an innovative feature called “Pulse.” Pulse aggregates key operational data, helping schools monitor their performance in real-time and enhance student engagement by preventing attrition.
  • Cost-Saving and Efficiency Benefits: A partnership with Gravity Payments allows schools to reduce credit card processing fees, often cutting operational costs. The software also reduces administrative workload through automation, allowing flight schools to focus on teaching.
  • Flight Training Industry Challenges: Brett highlighted the challenges flight schools face, including rising costs and a shrinking market of students. He stressed the importance of enhancing the student experience to maintain retention and competitiveness in an evolving industry.

For more information:

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Flight Training Financing Provider Reports Record Revenue Growth and Expands Flight School Partnerships

United States based Stratus Financial, a leading financial services firm specializing in student pilot flight school financing, has reported significant revenue growth, achieving $9.8 million in revenue for the 12-month period ending in June according to media reports.

“Recognizing the financial barriers that many students face, we provide tailored funding options that allow individuals to pursue flight training without being held back by the high cost of education,” said co-founder and Chief Operating Officer Brandon Martini to a local media outlet.

“In the past year, we have made significant strides in expanding our network of school partnerships, allowing us to reach even more aspiring pilots,” he added.

Stratus Financial now has 263 flight school partnerships as of August, up from nearly 150 schools a year ago. Last month, the lender also secured up to $50 million in new financing from Monachil Capital Partners, which will be used to originate new loans.

Source: Stratus Financial
Photo Credit: Stratus Financial (shown as meta image)

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US Flight School Epic Flight Academy Welcomes Over 26 New Flight Students in September 2024

Florida, United States-headquartered flight and aircraft maintenance training group Epic Flight Academy has shared that it has enrolled a large number of flight training students in September 2024 (more than 26).

The strength of enrolments supports Epic’s expansion with Epic in July holding the grand opening of its newest flight school location at the Herlong Recreational Airport in Jacksonville, Florida. This is Epic’s fifth flight school, with other locations in Ocala, Tallahassee, New Smyrna Beach, and Tucson.

Epic Flight Academy is headquartered in New Smyrna Beach, Florida with locations across the U.S. The company was founded in 1999 and provides FAA-approved flight training and aircraft mechanic training.

Source: Epic Flight Academy
Photo Credit: Epic Flight Academy

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Canadian Flight School Adds Advanced ALSIM AL250 Flight Simulator in 2024

Calgary, Canada – Executive Compass Flight Institute has introduced the cutting-edge Alsim AL250 flight simulator to its Springbank base, marking a significant expansion to its training capabilities. The Canadian flying school placed the order in July and this is its second AL250 simulator.

The AL250 simulator addresses initial phase training needs (PPL, CPL, IR/ME) and is SEP/MEP re–configurable simulator certified as an EASA FNPT II. In addition, it offers both classic and glass cockpit for each flight model at the simple flick of a switch. This device has been extremely well received since its creation and more than 100 of these have already been installed and are in successful operation worldwide.

About Executive Compass Flight Institute
Executive Compass Flight Institute offers a detailed Private Pilot Licence program, Commercial Pilot Licence program, and Instructor Rating program, taught by experienced Flight Instructors, with comprehensive ground and flight training that adheres to Transport Canada’s regulations. We also provide options for further advancement in pilot training, such as Multi-Engine, Multi-Engine Instrument, and additional ratings.

At Executive Compass safety is non-negotiable, you will have peace of mind with our fleet of excellent and well-maintained aircraft thanks to our in-house maintenance staff. ​​The team here at Executive Compass Flight Institute goes above and beyond – our enthusiasm is contagious, and we share a genuine desire to see our students succeed! It isn’t just about learning to fly; it is about becoming a skilled and confident pilot with a support system every step of the way.

Source: Executive Compass Flight Institute
Photo Credit: Executive Compass Flight Institute

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