Market Intelligence: -Simulator Training Center

Global FFS Training Center Operator Simaero Receives New Full Flight Simulator at Paris Training Center in December 2024

Paris, France – Simaero, a global provider of aviation training and flight simulator engineering solutions, has received a new CAE 7000XR Airbus A350-900 Full-Flight Simulator at its Paris Charles de Gaulle (CDG) training center. This state-of-the-art simulator marks the first installation at the company’s second facility in Paris, which is slated to open in early 2025.

  • The A350 simulator will be training-ready by the end of the first quarter of 2025.
  • The device will offer high-quality Airbus A350 training to airline clients and pilots, addressing increasing demand for wide-body aircraft training solutions.

About SIMAERO
Simaero is a world-leading provider of pilot training on full-flight simulators and simulation engineering solutions. With five training centers strategically located in France (headquarters), South Africa, China, and India, Simaero trains over 5,000 pilots every year from 250+ civil and military carriers and 80+ countries. Their simulator fleet and training solutions cover the main commercial aircraft types, including Airbus, Boeing, ATR, and Embraer.

Source: SIMAERO
Photo Credit: SIMAERO

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German Pilot Training Organization Names New Chief Flight Instructor in 2024

Berlin, Germany-based SKY4U, a well-known simulator training company which amongst other programs offers a Ryanair-approved APS MCC, has announced the appointment of Michael Brannath as its new Chief Flight Instructor.

Statement:

  • “After already working with this incredible team for the past couple of years, I’m honored to step into this new leadership position. SKY4u Aviation Service is committed to delivering top-tier flight training, and I look forward to helping shape the next generation of aviation professionals. With a passion for aviation and a dedication to excellence, I am excited to contribute to the continued growth and success of SKY4u,” said Michael Brannath.

Learn more about SKY4u Aviation Service GmbH or Brannath by connecting with him through his LinkedIn profile here.

Source: Michael Brannath (SKY4u Aviation Service GmbH)

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World’s Largest ACMI Provider and Aviation Conglomerate, Avia Solutions Group, Reports Revenues up 25% to €2 Billion for 9 Months 2024

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

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