Market Intelligence: North and Central Asia

FlightLogger Announces Partnership with Wingops to Consolidate Management of Key Flight School Operations

In the ever-evolving world of flight training, aircraft maintenance stands, along with flight training management, as an essential task for organisations providing flight training. Whether conducted in-house or through trusted suppliers, this core function ensures the safety, compliance, and efficiency of aviation operations.

Recognizing the critical importance of both flight training and maintenance, FlightLogger, a leading aviation training management software provider, is excited to unveil a groundbreaking partnership with Wingops, a cutting-edge aircraft maintenance system.

At its core, this partnership introduces a seamless integration between FlightLogger’s renowned training management software and Wingops‘ state-of-the-art aircraft maintenance system. The new integration offers a transformative solution for aviation training operators, simplifying and enhancing the way they manage their training and aircraft maintenance activities.

Key highlights of the FlightLogger-Wingops integration include:

  • Effortless Data Synchronization: Flight times for each aircraft are automatically updated from FlightLogger into the Wingops system, ensuring precision and timeliness in maintenance scheduling.
  • Automated Maintenance Bookings: Work orders generated in Wingops trigger automatic maintenance bookings within FlightLogger, streamlining scheduling workflows and minimizing manual tasks.

The new partnership stands as a testament to FlightLogger’s and Wingops‘ dedication to innovation and customer satisfaction. By combining FlightLogger’s expertise in training management with Wingops‘ advanced maintenance capabilities, aviation organizations can expect improved operational efficiency, enhanced compliance, and heightened safety measures.

“We are thrilled to partner with Wingops to offer this game-changing integration,” said Kenneth Jeppesen, CEOand founder of FlightLogger. “In an industry where excellence in training and maintenance is non-negotiable, our collaboration will empower our clients to optimize their operations and reduce costly downtime for aircraft maintenance.”

This new partnership underscores FlightLogger’s ongoing commitment to providing comprehensive solutions tailored to the unique needs of the aviation training industry.

About FlightLogger

FlightLogger is a leading provider of digital training management solutions for the flight training industry. The web-based software simplifies the administration and documentation of training activities, ensuring compliance, efficiency, and safety for flight training organizations worldwide.

About Wingops

Wingops is a cutting-edge aircraft CAMO and maintenance system designed to streamline maintenance operations and enhance the safety and reliability of aircraft. Their advanced solutions are trusted by aviation professionals globally.

Source: FlightLogger
Photo Credit: FlightLogger

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L3Harris Technologies Announces Definitive Agreement to Sell Commercial Aviation Solutions Business for $800 Million

Melbourne, Florida, Nov. 27, 2023 — L3Harris Technologies today announced the signing of a definitive agreement under which an affiliate of TJC L.P. will acquire L3Harris’ Commercial Aviation Solutions (CAS) business for $800 million. The acquisition includes a $700 million cash purchase price and $100 million earnout based on the achievement of certain 2023 and 2024 financial performance targets, which together represent an approximate 15x LTM 9/30 EBITDA purchase multiple. The transaction is expected to close in the first half of 2024 and is subject to customary closing conditions and regulatory approvals.

“Today’s announcement is consistent with our multi-year strategy to optimize our national security, technology-focused portfolio,” said Christopher E. Kubasik, Chair and CEO, L3Harris. “Aligned with our capital allocation priorities, we plan to use the proceeds from this transaction to repay debt, which will accelerate our timeline to reach our debt leverage objective.”

The CAS transaction includes the sale of L3Harris’ surveillance joint venture and is subject to a right of first refusal; if exercised, an affiliate of TJC L.P. will acquire the rest of CAS.

L3Harris’ CAS business employs approximately 1,450 people and offers pilot training, flight data analytics, avionics, and advanced air mobility products and services, among other capabilities.

Morgan Stanley & Co. LLC and Moelis & Company are serving as financial advisors to L3Harris, and Sullivan & Cromwell LLP is serving as legal advisor. J.P. Morgan Securities LLC is acting as financial advisor, and Kirkland & Ellis LLP is serving as legal counsel for TJC L.P.

About L3Harris Technologies
L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers’ mission-critical needs always in mind, our nearly 50,000 employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security.

About TJC
TJC L.P. (formerly known as The Jordan Company), founded in 1982, is a middle-market private equity firm that has raised funds with original capital commitments in excess of $22 billion and has a 41-year track record of investing in and contributing to the growth of many businesses across a wide range of industries including Diversified Industrials; Technology, Telecom & Power; Logistics & Supply Chain and Consumer & Healthcare. The senior investment team has been investing together for over 20 years and is supported by the Operations Management Group, which was established in 1988 to initiate and support operational improvements in portfolio companies. TJC has offices in New York, Miami, Chicago and Stamford.

Source: L3Harris
Photo Credit: L3Harris (shown as meta image)

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Dynamic Advanced Training Hosts AFM Global Pilot Training Organisation Leadership Summit Dinner

Dubai, United Arab Emirates based Dynamic Advanced Training, a world-class SEP training center, hosted attendees from the AFM Global Pilot Training Organisation Leadership Summit 2023 for dinner on Wednesday, 15th of November 2023 under the theme of “Dynamic Dinner under the Sim”.

The summit brought together over 50 of the world’s leading flight training organisation leaders which got to experience the training center before enjoying a 3 course dinner.

To learn more about the summit check out this announcement.

Source: Dynamic Advanced Training

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Dubai Hosts AFM Global Pilot Training Organisation Leadership Summit Bringing Together Industry Leaders Training Over 8,000 Pilots Per Year Using Over 1,050 Training Aircraft

AFM (www.afm.aero), a Dubai, United Arab Emirates headquartered pilot training industry market intelligence platform and advisory firm held the second edition of the AFM Global Pilot Training Organisation Leadership Summit bringing together over 50 of the world’s leading flight training organisation owners and chief executive officers. The industry leaders together operate a combined training fleet of over 1,086 aircraft and are currently training over 8,000 pilots per year.

The summit was held on the 3rd and 4th day of the Dubai Airshow at the world-class pilot training facilities of Emirates Flight Training Academy (EFTA) and saw the industry leaders engage in panel discussions to enhance the industry’s response to the growing demand for pilots. As the airline industry rapidly recovered in 2022 and 2023 the flight training industry has been slower to recover and is facing numerous challenges in the scaling up of training operations to meet the demand for pilots.

Maximilian Buerger, Managing Director of AFM.aero, commented: “Our mission is to connect the global pilot training stakeholders similar to how the airline industry and Dubai have connected the world! AFM shares on a weekly basis pilot training industry relevant developments with over 16,000 stakeholders including over 400 airlines. We wanted to use our knowledge and network to host this summit and support the industry in scaling training operations to meet the growing demand for pilots. Due to the geographical diverse global attendance of industry leaders, the phenomenal summit venue at Emirates Flight Training Academy, and fantastic partners this summit provided the ideal platform for attendees to share knowledge and enhance collaboration within the industry. I would like to thank Capt. Abdulla Al Hammadi, the Emirates Flight Training Academy Team, Mark Kammer, and the Dynamic Advanced Training Team for their support in making this event happen – the world’s most global meeting of pilot training industry leaders.”

Capt. Abdulla Al Hammadi, Divisional Vice President Emirates Flight Training Academy, commented: “This is the second edition and was another great opportunity to host this event at Emirates Flight Training Academy during the 2023 Dubai Airshow in collaboration with AFM. We constantly and closely monitor industry trends and it’s strikingly clear that the pilot shortage is increasing at a higher rate than the training industry can support.”

“Our aim at this summit is to share information and discuss the challenges we anticipate for the future of the pilot training industry. We believe that by working together, we can collectively tackle the global pilot shortage to produce better skilled pilots and, in turn, safer skies. A major challenge is finding well qualified, experienced flight and ground instructors who are able to support the younger generations as they make that journey towards the right-hand seat of a commercial aircraft.” Shared Capt. Al Hammadi.

Mark Kammer, Director of Operations at Dynamic Advanced Training, commented: “Dynamic Advanced Training is honoured to be working hand-in-hand with AFM.aero to facilitate the pilot training industry’s networking event. As a UAE grown aviation training organization and part of the Khansaheb Investment Group, we are especially proud that Dynamic’s cutting-edge facility located in Mohammed bin Rashid Aerospace Hub at Dubai South will serve as a networking platform and allow us the opportunity to demonstrate reality-based training to a wider audience.”

In line with Dubai’s position to be a global hub for aviation training the summit brought together flight school leaders from across the globe including, New Zealand, Australia, Philippines, Indonesia, India, Saudi Arabia, Oman, Qatar, Lebanon, Turkey, South Africa, Serbia, Czech Republic, Lithuania, Greece, Italy, France, Switzerland, Spain, Portugal, United Kingdom, Canada and the United States.

A summit event report highlighting the key insights will be shared on AFM.aero in the coming weeks.

About AFM.aero
Headquarter in Dubai; United Arab Emirates AFM (www.afm.aero) is a pilot training industry market intelligence platform and advisory firm launched in 2021 which supports airlines, flight schools, simulator training centers, pilot training industry suppliers, institutional investors in the pilot training sector and other industry stakeholders with industry information and advisory services.

About Emirates Flight Training Academy
Emirates launched the Emirates Flight Training Academy in 2017 to train students with no previous knowledge of flying. All graduates have the unique opportunity to go through Emirates’ recruitment process. The Academy combines cutting-edge learning technologies and a modern fleet of 29 training aircraft – 22 x Cirrus SR22 G6 single-engine piston, 4 x Embraer Phenom 100EV very light jet, and 3 x Diamond DA42-VI light piston twin-engine aircraft. EFTA’s state-of-the-art facility, which is spread over 12.5 million sq. ft. (1.2 million sq. m.) equivalent to 200 football pitches, currently has 36 modern classrooms, 6 full motion flight simulators, an independent Air Traffic Control Tower, and a dedicated 1,800m runway.

About Dynamic Advanced Training
Certified by the General Civil Aviation Authority (GCAA) and conveniently located in Dubai, Dynamic is the UAE’s only accredited and independent Cabin Crew Training Organization (CCTO). Be it for Business Jets or Commercial Aircraft, Dynamic is a one-stop-shop solution for all Safety and Emergency Procedure (SEP) training needs for both Cabin Crew and Pilots. Dynamic utilizes the world’s most advanced full motion cabin simulators and sophisticated training equipment, ensuring that aircrew experience a truly challenging, hands-on, and immersive learning environment that vastly improves understanding and knowledge retention. The blended learning is holistic and designed to be fun.

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Virtual Reality and Mixed Reality Headsets Provider, Vrgineers, Launches XTAL 3 CAVU MR Headset with Advanced AMD and NVIDIA Chips

The US-Czech startup, Vrgineers, specializing in Virtual and Mixed Reality technologies for pilot training, has teamed up with AMD and NVIDIA, graphical chip rivals, to pioneer an innovative architecture for mixed reality simulators. Vrgineers will unveil the new MR headset XTAL 3 CAVU at I/ITSEC 2023.

Mixed reality technology is gaining momentum in the simulation industry, especially in pilot training environment and is expected to surpass the usage of standard projection-based simulators. Today’s mixed reality technology has been limited by the quality of image sensors and high-performance requirements.

To address this challenge Vrgineers designed an innovative system that eliminates calculation bottlenecks and brings mixed reality technology to the forefront of the industry with its new XTAL 3 CAVU (Ceiling and Visibility Unlimited) Mixed Reality Headset. This unique mixed reality system utilizes 24Mpix image sensors that are connected to Xilinx FPGA PCIe16x card (chip manufacturer acquired by AMD) via optical cables.  This “hardcoded” processor is dedicated to calculating high resolution mixed reality images in just 1 millisecond, while the direct connection with the latest NVIDIA Quadro RTX A6000 GPU bypasses the CPU, reducing overall latency to a minimum. As a result, the Quadro RTXA600 is entirely dedicated to virtual reality calculations, conserving resources and enhancing performance.

“By utilizing AMD XILINX FPGA in a combination with NVIDIA Quadro card, we found a way to provide so much needed performance boost for mixed reality, which is far above of two fastest graphical cards, with much lower latency as well as power consumption,” explains Marek Polcak, Vrgineers CEO & co-founder.

The XTAL 3 CAVU design is crafted from precision-engineered carbon, showcasing an exquisite balance of strength, remarkable lightweight characteristics, and exceptional durability. It is an ideal choice for applications in high-performance industries such as pilot training. This design ensures the headset is lighter than ever before, setting new standards for both comfort and performance.

This unique system will be embedded in Vrgineers Mixed Reality Classroom Simulators and available for purchase in 2024 for selected partners, such as U.S. NAVY under the SBIR Phase II. For less demanding scenarios, Vrgineers are also offering an improved version of XTAL 3 NEO Mixed Reality Headset, which is currently the most affordable solution for pilot training on the market.

All Vrgineers products, including our cutting-edge virtual and mixed reality headsets are TAA certified and comply with the strictest security regulations for deployment in restricted areas.

About Vrgineers

Vrgineers is a leader in developing immersive technologies and provides high-quality, effective training for military pilots using the advanced XTAL VR and MR headsets, along with aviation simulators that serve as the foundation for a modern synthetic training platform. The XTAL headset, designed with input from aviation professionals worldwide, meets demanding requirements for realistic simulation. Our interconnected trainers facilitate comprehensive scenarios, including individual and cooperative exercises involving pilots, co-pilots, gunners, JTAC instructors, and squadron coordination. Vrgineers’ simulators support diverse aviation platforms, from propeller-driven to supersonic aircraft and helicopters.

Source: Vrgineers
Photo Credit: Vrgineers

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Aircraft Manufacturer, Embraer Commercial Aviation, Announces Latest Appointment for Vice President Sales & Marketing, Head of Region for Europe & Central Asia

Embraer Commercial Aviation has appointed Marie-LouisePhilippe Vice President Sales & Marketing, and Head of Region for Europe and Central Asia. Philippe reports to Martyn Holmes, the Chief Commercial Officer of Embraer Commercial Aviation. Marie-Louise will be based in Amsterdam, from where she will also support Embraer’s sustainability roadmap in the region.

With over 20 years of experience in the aviation industry, Marie-Louise has had a rich international career, being previously based in France, Singapore and Hong Kong. Philippe has had wide ranging commercial leadership roles at Airbus in procurement and customer affairs, and a strong sales record with customers in Europe and Asia.

Most recently Marie-Louise successfully led services and aircraft sales teams in South-East Asia, where she was also spearheading M&A, industrial cooperation projects, and serving on the steering board of a training centre.

“I’m delighted to welcome Marie-Louise to Embraer, she comes with an exceptional track record and reputation. Europe and Central Asia is a critical region for Embraer, where we have a strong history of building partnerships with some of the world’s most successful airlines. I know Marie-Louise will be a huge success in this role and will keep growing the business and supporting our customers”, said Martyn Holmes, CCO, Embraer CommercialAviation. “In addition, Marie-Louise’s personal engagement in driving sustainability in aviation and promoting diversity and inclusion, is a key component in our leadership values at Embraer.”

Philippe is the founder and President of the Women in Aviation Chapter Singapore, which promotes and drives diversity and inclusion in the aerospace sector.

Marie-Louise, an Austrian national, is married and has three children. She holds a degree in Business from Vienna University, is a keen sports woman and charity fund raiser, and recently competed in the 2023 Women’s Ironman World Championships in Hawaii.

About Embraer

A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.

Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.

Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.

Source: Embraer
Photo Credit: Embraer

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Global Provider of Aviation Headsets and Helmet Solutions, Lightspeed Aviation, Announces Latest Appointment for President

Lightspeed Aviation, a leading global provider of premium aviation headsets and helmet solutions announced that Heider Lazzarini has joined the company as its new President.

Mr. Lazzarini brings more than 20 years of International executive experience in general management, marketing, product, and sales in consumer, commercial, industrial, and military/government markets. Reporting to Lightspeed Aviation’s founder and CEO Allan Schrader, Mr. Lazzarini will be responsible for all aspects of Lightspeed’s day-to-day operations while Mr. Schrader focuses on developing adjacent market opportunities utilizing existing and evolving technologies.

“I’m excited to turn over our ongoing business operations to Heider” said Allan Schrader, CEO and Chairman of the Board of Directors. “Heider’s experience, combined with his passion and energy, provide the perfect accelerant for our expanding business opportunities.”

“With decades of being first to market with audio and now piloting safety solutions, I believe that Lightspeed has a tremendous opportunity to deliver new value for its customers and partners,” said Lazzarini. “I am very excited to be joining this seasoned team as the company continues to evolve its latest technology platform to enhance the flying experience for the Aviation market worldwide.”

Mr. Lazzarini most recently served as Vice President of Marketing for a platform of acquired companies: Audio Precision (U.S.), GRAS Sound and Vibration (Denmark), and imc Test & Measurement (Germany). Previously, he held various leadership positions in general management, marketing and product management at FLIR Systems, now Teledyne FLIR, and Gerber Gear, a division of FISKARS. Mr. Lazzarini received his MBA from the University of Oregon.

About Lightspeed Aviation

Lightspeed Aviation is a leading manufacturer of premium aviation headsets and helmet products. Since the first product was introduced in 1996 at AirVenture in Oshkosh, WI, the company has established a reputation for leading innovation in the aviation acoustic solutions. In 2022, the company launched the first of a series of aviation headsets, layering life-saving technologies on top of its award-winning audio and ANR platform. With this, Lightspeed continues to live its mission of “creating products that protect and save lives”. Additionally, Lightspeed is a passionate supporter of initiatives to encourage the next generation of pilots through its support of programs including Young Eagles and Ray Scholars.

Source: Lightspeed Aviation

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