Matt Thurber, editor-in-chief at AIN Media Group, has been flying since 1975 and writing about aviation since 1978 and now has the best job in the world, running editorial operations for Aviation International News, Business Jet Traveler, and FutureFlight.aero. In addition to working as an A&amp;P mechanic on everything from Piper Cubs to turboprops, Matt taught flying at his father’s flight school in Plymouth, Mass., in the early 1980s, flew for an aircraft owner/pilot, and for two summer seasons hunted swordfish near the George’s Banks off the East Coast from a Piper Super Cub. An ATP certificated fixed-wing pilot and CFII and commercial helicopter pilot, Matt is type-rated in the Citation 500 and Gulfstream V/550. Based in the Pacific Northwest, Matt and his team cover the entire aviation scene including business aircraft, helicopters, avionics, safety, manufacturing, charter, fractionals, technology, air transport, advanced air mobility, defense, and other subjects of interest to AIN, BJT, and FutureFlight readers.

Editor-in-Chief

Matt Thurber

Energy management company World Kinect yesterday announced plans to sell charter information platform Avinode Group to Camp Systems International for $200 million in cash. The sale includes World Kinect’s aviation software that serves the FBO market.
World Kinect expects the deal to close within 60 days and plans to use the proceeds to repay debt and reduce its annual run rate of interest expense by approximately $10 million, according to company executive v-p and CFO Ira Birns. “Longer term, this transaction should provide us with additional liquidity to invest in our core distribution platform and emerging sustainability offerings.”
Camp is a subsidiary of Hearst and specializes in aviation management services such as maintenance tracking, engine health monitoring, inventory management, and flight scheduling. Customers include more than 30,000 users and 1,500 MRO facilities supporting more than 20,000 aircraft and 30,000 engines.
“We are excited to acquire the Avinode Group and FBO products with their strong track record of delivering innovative, market-leading solutions,” said Camp Systems CEO Sean Lanagan. “This acquisition represents a complementary extension of our business and platform, to bring exciting new opportunities to the market and better serve our expanding customer base.”

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

World Kinect Agrees To Sell Avinode to Camp Systems International

The deal is for $200 million in cash and includes software that serves FBOs

World Kinect expects the Avinode sale to close within 60 days and plans to use the proceeds to repay debt and reduce its annual run rate of interest expense by approximately $10 million.

World Kinect Agrees To Sell Avinode to Camp Systems

2024 Corporate Aviation Leadership Summit

Charles Alcock

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

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News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

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News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

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Kerry Lynch

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

NBAA Schedulers & Dispatchers Conference 2024

In this article

Avinode

CAMP Systems International

More In Finance, Taxes, Insurance

MySky and EJS Help Aircraft Operators with Procurement

Essential Jet Solutions is a portfolio management specialist

Honeywell Sees Dip in Bizjet Demand for Middle East and Africa

New aircraft deliveries in Asia and Europe also set to shrink over next five years

Lilium Reports Firm eVTOL Aircraft Orders as Buyout Search Continues

Luxaviation/Sigma Air Mobility partnership plans eVTOL services in Europe and beyond

Fund Managers Indicate Continued Support for Advanced Air Mobility

Horizon's survey suggests new investments coming for eVTOL aircraft developers

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FAA is withholding access to documents still in process at the Aircraft Registry

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