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Re: ozz112 post# 35068

Saturday, 10/03/2009 5:54:06 PM

Saturday, October 03, 2009 5:54:06 PM

Post# of 375420
QASP featured in the news:

http://jacksonville.bizjournals.com/jacksonville/stories/2009/10/05/story2.html

http://jacksonville.bizjournals.com/slideshow/2197471.html?page=1

http://jacksonville.bizjournals.com/slideshow/2197471.html?page=2

http://jacksonville.bizjournals.com/slideshow/2197471.html?page=3

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Jacksonville flight school has national expansion plans


Jacksonville Business Journal - by Mark Szakonyi

Friday, October 2, 2009

A Jacksonville aviation flight school’s new multimillion-dollar facilities in town will help it attract foreign pilots and spread its wings nationally with plans to build five more schools.

With many of the nation’s commercial pilots expected to retire within the coming years, Atlantic Aviation Inc. aims to feed the demand within an industry oft-blighted by unscrupulous operators, said Joshua Henderson, the company’s president. The domestic student market, which is less bullish about taking to the skies because of recession woes, will be offset by attracting foreign pilots who need to be Federal Aviation Administration-certified to land on U.S. soil.

“We’re looking to get pilots from Israel, Ireland, France and Germany,” said Dean Bradley, CEO of Quasar Aerospace Industries Inc., Atlantic Aviation’s parent company. “We’ve already signed a letter of intent to train Indian students for $66,000 apiece.”

Although the industry was concerned with the graying work force of domestic commercial pilots and extended the retirement age five years to age 65 as a result, the worries have lessened due to industry woes, said Jerry Glass, president of F&H Solutions Group, an aviation consulting agency. That demand could increase if the commercial aviation industry rebounds.