CLARK FREEPORT ZONE, Pampanga – A USD 9 Million financing agreement with the Bank of the Philippine Islands (BPI) and BPI Century Tokyo Lease and Finance Corporation has given Alpha Aviation Group (Philippines), Inc. (AAG) another edge in the aviation training industry.
The agreement is intended to bridge the acquisition of a brand-new Airbus A320 Full Flight Simulator (FFS) worth USD 10 Million+. This new FFS is set to bring AAG’s current fleet of state-of-the-art Flight Simulation Training Devices (FSTD) to a total of six (6), making it the largest in the country.
Part of the investment portfolio will go to the expansion of AAG’s existing simulator training center worth a little over USD 1 Million+. The company considers this as a major component of its operations.
Cristopher Magdangal, AAG Regional Director for Asia-Pacific explains that the twin projects are in line with AAG’s continuing commitment to provide world-class training solutions to its partners
“This is again part of our advocacy to help propel the Philippines into becoming the region’s premier aviation training hub,” adds Magdangal.
The new flight simulator, which is expected to be ready for training (RFT) by 2019, comes with full Upset Prevention and Recovery Training (UPRT) capability and with A320 New Engine Option (NEO) and Current Engine Option (CEO).
Earlier, BPI Century Tokyo Lease and Finance Corporation funded AAG’s acquisition of six (6) Cessna 172S G1000 basic flight trainer aircraft and one (1) A320 Integrated Procedure Trainer (IPT).
The premier airline pilot training school currently operates one (1) Alsim Flight Navigation Procedure Trainer (FNPT) II, one (1) Aerosim A320 Basic Instrument Training Device (BITD)/Integrated Procedure Trainer (IPT), one (1) MPS A320 Fixed Base Simulator (FBS), one (1) CAE A320 Full Flight Simulator (FFS) EASA Certified Level D, and one (1) CAE A330/340 Full Flight Simulator (FFS) EASA Certified Level D.
The simulator training center extension building is designed to house four (4) simulator bays and comes complete with world-class amenities.
About Alpha Aviation Group
Alpha Aviation Group (AAG) is a well-established provider of aviation training solutions offering a wide portfolio of services specializing in cadet assessment, selection, type ratings, and ab-initio training programs tailored to our clients’ operational needs.
We are an Approved Training Organization (ATO) and a certified Type Rating Training Organization (TRTO) for the Airbus A320, working with client airlines across the globe.
Headquartered in the United Kingdom, we serve the domestic and Southeast Asian markets from the Philippines and the Middle East region from our base in Sharjah, UAE, where we specialize in Multi-crew Pilot License (MPL) training.
Every year, we train hundreds of new pilots for our airline partners. We currently have in training more than 300 pilots. A majority of our more than 800 graduates are now flying with leading regional airlines such as Philippine Airlines, Cebu Pacific, Air Asia Philippines, and VietJet Air, among others.
We operate the only European Aviation Safety Agency (EASA) approved Level D Airbus A320 and A330/340 Full Flight Simulators (FFS) in the Philippines and in the region, making us uniquely equipped to provide world-class pilot training solutions.
We are also working to encourage young and talented people, and more women to secure positions in their own domestic aviation industries which are facing pilot shortages. Out of 360 pilots at Vietjet, 89 are AAG graduates. Our home market of the Philippines is growing fast and we are focused on investing heavily to support the local aviation industry and push the Philippines as a great place to learn to fly in the global market.