SimCom Closes Deal To Buy 14 FlightSafety Programs
SimCom Training Centers closed the deal to acquire 14 simulators and training programs from FlightSafety International yesterday. With this addition, Orlando, Fla.-based SimCom will operate 59 flight simulators at its five U.S. training centers. The move continues a string of growth by acquisitions for SimCom that began in 2008 after the economic downturn took hold, company founder and CEO Wally David told AIN. “We believe in the general aviation market, and we saw good opportunities to acquire in a down market.” The list of devices and programs acquired by SimCom includes the King Air 90B and B200; Cessna P210, 421C, 425 and Conquest I and II; Piper Navajo and Cheyenne I/II and III; Twin Commander 690A and 1000 turboprops; Beechcraft Baron 58; and Saab 2000. These simulators, which range from advanced flight training devices for the piston models to level-B full-motion simulators for the turboprops, will be installed at SimCom’s Orlando and Dallas flight training centers. Transfer of the simulators and courseware from FlightSafety to SimCom has started and is expected to be completed by year-end. The majority of the acquired equipment is located at FlightSafety’s learning center in Lakeland, Fla., which will be closed after the simulators are removed. FSI said the sale of these 14 programs will allow it to increase its concentration on providing training programs for current and next-generation aircraft.