Quasar Aerospace Industries has laid out a fairly detailed set of goals aimed at scaling up its operations to meet the anticipated explosion in worldwide demand for airline pilots and associated technicians. The Florida-based holding company has already begun its expansion drive with the acquisition of Atlantic Aviation, a growing Florida flight school, Corporate Air Repair, an aircraft and heavy equipment repair service, and A-Cent Aviation, a Colorado flight training facility and VA Approved Part 141 Flight School.
The rapid increase in global industrialization and associated travel is expected to generate a need for hundreds of thousands of pilots around the world, largely for China and Asia-Pacific nations, putting a strain on the limited supply of qualified training operations. The U.S. has become a center for advanced flight and technical training, and Quasar is positioning itself to become a training leader through an aggressive marketing and acquisition program, with the possibility of providing additional services. Below are some of the specific steps to this end that Quasar has been taking or is planning, and their expected benefits:
Acquisition of the FAA Part 141 Flight School will allow Quasar to meet the growing demand for trained commercial pilots, and allow the company to do the following:
• Capture revenue from third parties, including Veterans Administration and sponsored student loans from various governments;
• Recruit flight students from around the world;
• Have training of foreign students be sponsored and paid for by a foreign government, with the potential to train approximately 30 new students each month at a fee of $55,000 each;
• Receive additional revenue by administering the aeronautical knowledge test, since the FAA testing center is licensed through the Computer Assisted Testing Service (OTCQB:CATS)
Further developments for Quasar are rapidly opening additional market opportunities:
• Corporate Air Repair is beginning to start classes on aircraft systems and preventative maintenance.
• After being a holding queue for nearly two years, it will be approximately one year and AAI (Atlantic Aviation) will have the FAA begin the inspection phase for the Air Agency Certificate.
• There are new aviation opportunities that have presented themselves to the company, one of which involves wholesale aircraft parts.
• There is the potential of an airport being leased from a county in Florida, which could function as an academy for the company's international students, opening the doors for immediate expansion.
• The company could even potentially become a F.B.O. operator, rent hangars and tie-downs, sell fuel, operate a gun range, and build a moto-sports complex that would include activities from flying to off road vehicles, fishing, and camping.
For more information, see the company website at QuasarAero.com
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