Market Intelligence: -Simulator Training Center
Chinese Pilot Simulator Training Center Secures CAAC Qualification of New Full Flight Simulator
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Central Asian Airline Heads to Singapore for A320 Full Flight Simulator Training
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FlightSafety International to Build New Airbus A350 Full Flight Simulator for Major US Airline
FlightSafety International has been awarded a contract from Delta Air Lines for the design, development, and manufacture of a new full flight simulator (FFS) for the Airbus A350 aircraft. The state-of-the-art simulator is scheduled for delivery to Delta’s training center located in Atlanta, Georgia, during the fourth quarter of 2024.
The A350 simulator will introduce new technologies that improve operational and maintenance capabilities and enhances the overall training experience.
“This agreement with Delta Air Lines represents a significant milestone in our dedication to providing the highest quality training environments and safety standards,” said Nathan Speiser, FlightSafety Executive Vice President of Sales and Marketing. “We are confident that the A350 full flight simulator will empower Delta to continue developing the most prepared pilots.”
About FlightSafety International
FlightSafety International is the world’s premier professional aviation training company and supplier of flight simulators, visual systems and displays to commercial, government and military organizations. The company provides training for pilots, technicians and other aviation professionals from 167 countries and independent territories. FlightSafety operates the world’s largest fleet of advanced full-flight simulators at Learning Centers and training locations in the United States, Canada, France and the United Kingdom.
Source: FlightSafety International
Photo Credit: FlightSafety International
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BAA Training France Holds Cadet Program Information Session Event with ACMI Operator
Global Pilot Training Group Shares Record-Breaking Event at its Newly-Opened Training Center in France
Global pilot training group BAA Training, which operates full flight simulator training centers and flight schools around the world, announced that it had a high attendance for its recent event, with 62 participants at the newly opened BAA Training France, to hear senior Sales Specialist Ausrine Salkauskaite, representing BAA Training, and First Officer from Avion Express, Oscar Bertrand, introduced a totally unique BAA Training & Avion Express cadet program tailored for not type-rated pilots. This program offers the fastest path from the ATPL Integrated stage to securing a First Officer role at the prestigious Avion Express, a leading ACMI operator.
Source: BAA Training
Photo Credit: BAA Training
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Global Pilot Training Group’s Training Center in Vietnam Welcomes Latest Batch of Pilots Set for A320 Type Rating Training
Ho Chi Minh City-based BAA Training Vietnam, a branch of BAA Training, welcomed a new batch of seven (7) Pilots set for the Indian DGCA Type Rating A320 program. Since August 2022, BAA Training Vietnam has conducted A320 Type Rating Training for more than 130 Indian cadets.
Earlier this year in September 19th, 2023, Ho Chi Minh City based full flight simulator training center BAA Training Vietnam celebrated its 4th anniversary since receiving the ATO Approval Certificate. BAA Training Vietnam is CAAV (Vietnam) approved ATO providing EASA standard aviation training solutions in Asia-Pacific region.
BAA Training is a family member of Avia Solutions Group, the largest aerospace business group from Central & Eastern Europe with almost 100 offices and production stations providing aviation services and solutions worldwide.
Source: BAA Training Vietnam
Photo Credit: BAA Training Vietnam
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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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Middle East Pilot Simulator Training Center, Gulf Aviation Academy, Attends the Dubai Airshow 2023
Gulf Aviation Academy (GAA), a full flight simulator training center based in Bahrain, attended the recently concluded Dubai Airshow 2023. During the event, GAA representatives Mr. Husain Bushehri and Mr. Salama Ali held several meetings with international clients aiming to expand GAA’s portfolio of clients promoting Bahrain as a destination for all aviation trainings.
Pictured below meeting with full flight simulator manufacturer CAE.
Source: Gulf Aviation Academy
Photo Credit: Gulf Aviation Academy
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One of the US Largest Pilot Training Groups Adds Brand New Flight Simulator Manufactured by Flightdeck Solutions
ATP Jets, a United States based Part 142 pilot training organisation based in Dallas Fort Worth International Airport, added another brand new A320 flight simulator manufactured by Flightdeck Solutions, Ltd. This is fourth simulator of the same type taken by the training center this year alone according to J. Shane Kelley, Vice President at ATP Jets.
Source: Flightdeck Solutions
Photo Credit: Flightdeck Solutions