Monday, March 12, 2012 1:23:06 PM
Quasar Providers Fuel Revenue
Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP)
Quasar Aerospace Industries, Inc. and its subsidiaries, Atlantic Aviation, Inc. and A-Cent Aviation, Inc., is pleased to announce the introduction of a program to allow pilots to finance their flight training through Finance2Fly.
Finance2Fly specializes in unsecured personal financing for flight training expenses. Student pilots may qualify for personal unsecured credit lines from $5,000 to $50,000 that can be used to complete training to any qualification level. Approval is available in as little as seventy-two (72) hours and the loans will be a revolving line of credit with payments as low as two percent (2%) of the outstanding balance.
Securing adequate funding is one of the major issues influencing a student's decision to enroll in a pilot training program. This innovative financing program will simplify the application process. The students have no out-of-pocket expenses and the eligibility requirement will allow access to funds for most students with average credit scores.
Quasar's flight schools in Jacksonville, Florida and Colorado Springs, Colorado will benefit greatly from the increased enrollment of students and increased tempo of student certification completions. The flight schools are experiencing a record amount of enrollment in part due to the availability of access to financing options and third party benefits.
We will continue to update our shareholders and the investment community as events unfold.
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