AFG’s Plans for Expansion
This summer Avenger Flight Group partnered with Marathon Asset Management LP, a global credit manager, to secure a large growth capital credit. This partnership has allowed AFG to further expand our worldwide reach. The first stages of growth under this investment will include opening new centers in Western Europe and the Middle East as well as purchasing several new full flight simulators for our centers in North America.
More Full Flight Simulators (FFS)
In addition to the planned opening of our newest international centers, many of our North American locations will be able to further support clients by acquiring additional full flight simulators. Our locations in Dallas, Orlando, and Fort Lauderdale already have several new simulators in-line for delivery within the upcoming year. Pedro Sors, President and CEO of Avenger Flight Group, gratefully states, “This transaction gives us the flexibility to implement our business development plan, which will deliver mission-critical flight training services to clients worldwide as the aviation industry is poised to begin an unprecedented global rebound.”
With Marathon’s confidence in our success and AFG’s commitment to customer satisfaction, the possibilities are endless for what is to come next.