QASP - hidden news/updates and revenue in filings m
Management’s discussion and analysis or plan of operations. Due to management changes the company is focusing on Atlantic Aviation, Inc. (AAI), A-Cent Aviation, Inc. (ACA), Corporate Air Repair, LLC (CAR) and Quasar Aircraft Corporation (QAC).
- QAI has closed and finalizes the acquisition of A-Cent Aviation, Inc. (A-Cent) located in Colorado Springs, Colorado, as a wholly owned FAA Part 141 Flight School of QAI. The FAA has now certified A-Cent Jacksonville as an official satellite location. A-Cent is joining a drug consortium and has passed an FAA inspection to provide sightseeing flights in both Colorado and Florida which will expand its revenue.
- QAI and its subsidiaries are proud to announce the delivery of a 2012 Cessna 162 Skycatcher which is being utilized for the implementation of a sport pilot training program in Jacksonville, Florida
- QAI and its subsidiaries have the only sport pilot training program with the sought after Cessna 162 Skycatcher in the North Florida and South Georgia area. A-Cent’s Jacksonville and Colorado locations have passed their SEVIS inspection which will allow A-Cent to sponsor and accept foreign students once final approval is received.
A-Cent is in the final review stage with SEVIS and anticipates receiving its SEVIS certification shortly. QAI has entering into two (2) binding Memorandums of Understanding (MOUs) with international recruiters in India and China. QAI looks forward to capturing this market.
A-Cent has been approved and continues to operate Cessna Pilot Centers out of Herlong Airport in Jacksonville, Florida and Colorado Springs, Colorado.
A-Cent is working with various institutions for higher learning to allow QAI to capture students pursuing aviation degrees and receive funds from student loans. A-Cent as a qualified VA flight school can accept VA benefit funds to apply to private pilots continued aviation training.
A-Cent will be focusing on driving in Veterans and active duty military to enroll in the flight school programs.
A-Cent operates its CATS testing facility in Jacksonville, Florida and is approved in both Colorado and Florida to provide testing which will drive addition capital to the Company and offer a one stop location for training and testing.
A-Cent was approved as a 2nd Tier CATS testing facility which will allow it to provide examinations for not only FAA written examinations but Comira professional and medical certification examinations as well.
The Company’s marketing and advertising programs for 2013 will continue to expand and grow the business according to the business plan. AAI and A-Cent will continue to recruit locally and internationally in the near future Corporate Air Repair is examining becoming a Cessna Authorized Service Facility.
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