Market Intelligence: -Suppliers

Global Pilot Training Solution Provider CAE Receives Award for Mixed Reality Visual System

CAE proudly announces its recognition at the Edison Awards, where the CAE e-Series MR Prodigy Visual System has secured the Silver prize in Aerospace & Flight Technologies. With a legacy dating back to 1987, the Edison Award is a testament to excellence in innovation, and CAE is deeply honored to be recognized for its groundbreaking contribution.

What sets this visual system apart?

  • Integration of pioneering gaming technology specifically tailored for training pilots who operate fast jets such as the F-16
  • Establishing a new industry standard by offering the highest-fidelity ground-based training capability using a game-powered engine.
  • Delivering immersive, hyper-realistic training experiences for mission-critical scenarios.
  • Providing jaw-dropping 360-degree visuals that offer unparalleled detail and precise identification, all without any distortion to the naked eye.
  • Promoting eco-conscious training practices and fuel savings through simulator-based training.

Source: CAE
Photo Credit: CAE

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Flight Training Financing Provider Stratus Financial Celebrates Remarkable Growth with $50M in Assets Under Management Milestone

United States based Stratus Financial, a leading financial services firm specializing in student pilot flight school financing, is proud to announce a momentous achievement: the company has surpassed $50 million in Assets Under Management (AUM) since its inception. This milestone underscores Stratus Financial’s rapid growth and strong position in the aviation finance sector.

Chris Ragland, Chief Investment Officer (CIO) of Stratus Financial, commented on this significant milestone, saying, “Reaching $50 million in Assets Under Management is a testament to the dedication and expertise of our team at Stratus Financial. Our innovative financial solutions and commitment to supporting aspiring student pilots have propelled us to this success.”

Ragland further added, “As we continue to grow and expand our services, we remain steadfast in our mission to finance aspirations and pave the way for success in the aviation industry.”

With the aviation industry growing at a rapid pace and an increasing number of student pilots requiring financial assistance, Stratus Financial is poised to bridge this gap and empower the next generation of aviators.

About Stratus Financial LLC

Established in 2020, Stratus Financial LLC is committed to providing student loans to aspiring student pilots at all levels of experience and training. Created by a group of FAA-Certified Flight and Ground Instructors, Stratus Financial’s firsthand understanding of aviation’s essence drives our commitment to helping pilots realize their dreams. Our dedication goes beyond financial services; we are on a mission to finance aspirations and carve pathways to success. We envision a future where aviation remains an unbounded passion, where more individuals can take flight and make their mark. Our innovative financial solutions echo this commitment, reflecting our dedication to supporting pilots at every stage of their journey.

Source: Stratus Financial

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Training Aircraft Manufacturer and Flight Training Software and Computer Based Training Provider Announce Long-Term Partnership for Student Pilots Learning Experience

Italian headquartered training aircraft manufacturer Tecnam and flight training software and computer based training provider Evionica announced a long-term partnership for an interactive learning platform for student pilots. The first models to be included in the agreement are the P2006T and P2008JC. Others will follow.

The collaboration will enable the most comprehensive and detailed insight into Tecnam aircraft, providing a modern and interactive learning experience for pilots.

Flight preparation and safety will be significantly enhanced through Evionica systems and the partnership with Tecnam. Evionica’s team of pilots and engineers have flown and worked on Tecnam aircraft and are able to provide immersive and insightful e-learning courses. By sharing our experience, knowledge and love of aviation, Evionica and Tecnam will improve aviation together offering a modern solution for training.

“Tecnam is more than just a global aircraft supplier; it is a company with a rich history dating back to 1948. Similarly, Evionica was founded with a passion for flying and a mission to enhance aviation safety, logistics, and training. We are thrilled to announce our new partnership with Tecnam,” said Mateusz Godun, Evionica CEO.

“The Tecnam solution for training is ideal for a modern flying school,” said Walter Da Costa, Chief Sales Officer, Tecnam. “Aligning with Evionica for a modern learning is natural fit to provide worldwide students and customers with the support they need.”

About Evionica

Evionica provides intelligent solutions that improve aviation business and training worldwide. Evionica’s products are tried, tested and trusted by major airlines, flight schools, and training organizations all around the world. Devised, designed and delivered by aviation experts, Evionica’s elearning, mlearning, flight training apps and Weight and Balance tools bring next generation improvements to this generation’s aviators.

About TECNAM; “Quality Aircraft since 1948”

Tecnam is an Italian aircraft manufacturer and one of the world’s leading piston aircraft manufacturers. Founded in 1948 by brothers Luigi and Giovanni Pascale, the company is headquartered in Capua, Italy, and operates two subsidiaries in Sebring, Florida, USA, and Brisbane, Australia, to serve and support the needs of local Tecnam owners and operators. Tecnam designs and manufactures a wide range of aircraft for personal use, commercial operations, business travel, flight training, surveillance, law enforcement and other specialised applications.

Source: Tecnam
Photo Credit: Tecnam

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Spanish Flight School FlyBy Announces Training Aircraft Fleet Growth Plans in 2024

One of Spain’s largest flight school’s FlyBy announced at Aero Friedrichshafen that it has bough 2 new Tecnam Aircraft P2006T NG (the new version launched by the training aircraft manufacturer).

“We are happy to announce being the launch customer of the new Tecnam P2006T NG. We have bought 2 units that will be delivered before the end of 2024 to bring our fleet of P2006Ts to a total of 5 units.” shared FlyBy CEO Alex Alvarez.

Source: Alex Alvarez (FlyBy)
Photo Credit: Alex Alvarez

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Engineering Software Solution Developer Showcases Automated Robotics for Cockpit Testing Optimisation

Italy headquartered TXT Group shared its latest technological breakthrough, A.R.T.O. (Automated Robotics for Testing Optimisation), redefining cockpit testing methodologies.

“It represents a significant leap forward in aerospace testing, harnessing state-of-the-art AI-based machine vision algorithms and collaborative robot technologies. This integrated system enhances operational efficiency, precision, and safety within testing environments.

This break-through was made possible by our colleagues at TXT E-TECH along with ProSim Training Solutions B.V. with their flight simulator cockpit and support. By automating formerly manual processes, A.R.T.O. ensures accelerated testing timelines and heightened accuracy, minimising the likelihood of human error.” shared TXR Group.

Source: TXT GROUP
Photo Credit: TXT GROUP

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Aviation Distance Learning Provider, CPaT, Visits Exclusive Representative in India

CPaT Global’s International Sales Director, Natalie Foster, had the pleasure of visiting the esteemed team at Minar Travels (India) Pvt. Ltd., CPaT’s exclusive representative in India. The trip was highly productive, reinforcing CPaT’s commitment to delivering premium training solutions to the aviation community in India.

Back in February 2024 CPaT Global, the world’s leading provider of distance learning for the airline and aviation industry, announced a strategic partnership with the Minar Group to represent CPaT products and services in India.

“Minar Group is privileged to be appointed as Exclusive Representative of India by CPaT Global. This collaboration will surely establish CPaT in the Indian aviation industry and pave the way for its growth in one of the fastest aviation markets in the world,” said Mr. Harvinder Singh Duggal, Managing Director of Minar Group.

Source: CPaT Global
Photo Credit: CPaT Global

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