Integration Of Training Classes And Events Already Underway

Pan Am International Flight Academy ("Pan Am") announced Wednesday that it has acquired Miami-based Aeroservice Aviation Center, LLC ("Aeroservice").  Under terms of the agreement, Pan Am purchased all of Aeroservice's training and simulator assets.  The current Aeroservice simulators will be integrated into Pan Am's system and will be positioned where they most effectively serve its customer base.  Aeroservice's Miami training center will become Pan Am's seventh training facility and will operate under Pan Am's Part 142 certificate.

"Pan Am is pleased to have acquired Aeroservice, who has been a respected training provider since 1976. Combining Aeroservice's assets into Pan Am's extensive training resources will further enhance the training solutions we provide to our customers. In addition, this acquisition re-affirms our commitment to being a leader in providing training services to the aviation and airline industry," said Vito Cutrone, President and Chief Executive Officer. 

Cutrone added that Pan Am will ensure a smooth transition on behalf of Aeroservice customers. To do so, Aeroservice training events have been integrated into Pan Am's scheduling system and Pan Am has assigned a dedicated account executive to manage the needs and requests of its valued customers. 

Headquartered in Miami, FL, Pan Am has facilities in Miami, FL; Cincinnati, OH; Denver, CO; Las Vegas, NV; Memphis, TN; Minneapolis, MN; Europe and Asia. The company was was established by Pan American World Airways in 1980 in Miami, FL and continued to operate after the airline ceased operations in December 1991.  It has operated independently since December 1992.

FMI: www.panamacademy.com