Air Orlando Aviation to continue flying with restructure and new owner

Air Orlando Aviation to continue flying with restructure and new owner

30-May-2011 Source: Air Orlando Aviation

A new majority owner and financial restructuring will keep Air Orlando Aviation in business and positioned to grow. “This company is part of Orlando’s aviation history” said John Painter, the previous majority owner and company founder. “We have a great team and now we can focus on the future.” The company’s majority interests were purchased last November by Bryan Brewer, an avid pilot and longtime customer of Air Orlando.

Mr. Brewer, Chairman and CEO of Orlando based Trax Capital Management, said, “We see long term opportunity with Air Orlando. It isn’t often you have the opportunity to invest in a business with a quarter century history.” Air Orlando holds three FAA Certifications as a Flight School, Charter Company, and Aviation Maintenance Facility. The company is remodeling the pilot shop, upgrading service hangars and adding to its fleet of aircraft. Along with these transformations, Air Orlando will be one of the largest aviation centers in Florida. Ryan Ruano, Managing Director of Mergers and Acquisitions at Trax, has been tasked with overseeing the restructuring and launch of the new Air Orlando.

To celebrate its past and future, Air Orlando is hosting “Fly-In & Fly Fest” on Saturday, June 4th at the Orlando Executive Airport. The event is free and open to the public from 11am to 6pm; Lunch will be served by the famous 4Rivers Smokehouse from 12pm to 2pm. Attendees can tour static aircraft displays with military aircraft and many will receive free airplane and helicopter rides. The Leonard Brothers, a high energy, highly entertaining band, will perform. Pilots are invited to a free fly-in breakfast and full FBO services. Details are available athttp://www.flyairorlando.com.

Air Orlando Aviation is comprised of three business units. The flight school trains professional and recreational airplane and helicopter pilots. The aircraft used for instruction encompass a fleet of trainers, including Cessna, Piper, Diamond, Cirrus and other airplanes as well as Schweizer and Robinson helicopters. With a safety record leading the industry, Air Orlando Aviation has trained more than 10,000 pilots. In addition, it offers sightseeing flights, introductory flights, and the option to rent aircraft. The maintenance division of Air Orlando Aviation holds a Part 145 FAA Certificate for its maintenance operation, also based at Orlando Executive Airport. Finally, the full service charter operation can fly private clients all over the United States for business or pleasure trips.

Photo: S300CBi of the type flown by Air Orlando Aviation

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