Up-to-date is the core concept of SimHelp.com. Accordingly, we introduce the latest news regarding the most significant market actualities globally.
L3 buys Thales
On May 16th the company of USA, L3 Communications, announced the acquisition of civil aircraft UK-based simulation and training centre, Thales Training & Simulation (TTS).
L3 informs that the asset of Thales TTS will be bought for £ 83 million and integrated into its Arlington, Texas-based Link unit, as it was reported by Atwonline.com.
“With this acquisition, L-3 will strengthen its existing military training and simulation business by adding full flight simulator capability and expanding into the civil simulation market”, stated Michael T. Strianese, L-3’s chairman, the president and chief executive officer. “The expected result of L-3 – diversified and expanded simulation and training business and an increased global presence and the growth outlook”
The transaction is expected to close this summer.
CAE purchased Oxford Aviation Academy
The same day, the 16th of May of the year 2012, CAE Inc, the provider of simulation and training systems purchased the Oxford Aviation Academy for $314 mln CAE is aiming to expand its footprint of civil aviation training and revenue in the year 2014, according to Reuters.
Through the purchase of $314 mln the Canadian company builds seven civil aviation training centres in Denmark, Norway, Sweden, the UK and Hong Kong, gaining 40 full-flight and 27 cabin-crew simulators at the same time.
CAE won 76% of orders last year, with all the rest being shared by Thales, Mechtronix, SIM Industries and FlightSafety International Inc.
The acquisition strengthens the position of CAE’s in capturing the long-term and growing market demand for aviation professionals. Oxford Aviation Academy (OAA) reaction on press to flight simulation and training company CAE Inc.’s recent acquisition has been mixed.
FSETA certificates FFS engineers
On May 21st The FSETA, Flight Simulation Engineer and Training Association, has initiated the first, globally available, training program for the flight simulation operation and maintenance industry.
The students who complete the training modules receive FSTD certificate together with their working experience of 3 years allows to become qualified at Level 5 FSETA accreditation and at the S2 Technical Level of FSETA’s submission to EASA.
Previously, as the qualification of an engineer was solely based on former experience and given recommendations, it was complicated to know the real quality of work for aviation training centres. However, with the new certification system for engineers it may be easier to decide on the skills of getting employed engineers.