Atlanta Investors Buy Florida Flight School to Train Foreign Airline Pilots
Flight Training Services International bought the Commercial Airline Pilot Training school and its facilities at Flagler County Airport near Palm Coast, Fla., from Embry-Riddle Aeronautical University in Daytona Beach.
FTSI has ordered 30 Cirrus aircraft with options for 20 more as well as numerous full-motion flight simulators valued at more than $15 million. The school is expanding its hangar and flight simulator buildings in Florida.
"If you do a good job screening applicants and then you put them through a well-structured, fast-paced program, they learn sound procedures from the start," Raker said. "When they get to the airlines they have a very high success rate because the training doesn't come as a shock to them."
Raker, a Boeing 757/767 first officer, said he examined the best practices of military and airline flight training and created a hybrid that aims to replicate the best of both.
"It's a leap of faith to start a totally new company with a brand new approach to training pilots," he said. "But we have a system that works. There's tremendous demand for it, and we have a great team that can replicate our program all over the world."
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