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Nok Air Partners With ANA To Set Up Training Center
9th Aug 2014
Nok Air has tapped the financial muscle of All Nippon Airways for a joint venture in setting up a world-class training hub for pilots in Thailand to meet the increasing demand for pilots in the region.
The aviation market in the Asia-Pacific region, where Thailand is part of, is projected to grow at a faster rate than the global average in the coming decades, resulting to the acquisition of more aircraft by most airlines in the region. More aircraft means more pilots needed.
Nok Air holds a 15% stake in Pan Am International Flight Training Center (Thailand), while ANA Holdings holds the majority stakes of 75% of the equation. Assumption University, who hosts the training center, holds the remaining 10%.
ANA Holdings also holds shares in All Nippon Airways, regional airline ANA Wings, charter operator Air Japan, and budget carrier Vanilla Air.
Assumption University is the first international university in Thailand which hosts a flight training center for students without formal experience in aircraft flying. The aim is to establish Thailand as a world-class training hub for aviators in anticipation to the growing global demand for pilots in the coming years.
The Civil Aviation Organization has forecast that the global demand for pilots will reach up to 230,000 by 2030 or 4.5 times as large as today's figure.
The training center is scheduled to be inaugurated next month, according to Nok Air official.
The facility will initially have an A320 jetliner simulator during its initial phase. It will later add another four simulators'two more A320S and two B737 new generation jets next year. The first of the B737NG simulator will be available by January 2015, while the second will follow in April of the same year.
Nok Air CEO, Patee Sarasin, was very ecstatic about the prospect of the center's success and the benefits it will offer to the airline's pilot training program, which he said will enable them to save up to 50% of the usual cost incurred in training newly-hired pilots.
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