All Nippon Airways will establish an academy to help licensed pilots gain type certification for the Airbus A320 and Boeing 737 aircraft.
Called Panda Flight Academy, it will have a simulator for both types of aircraft and 11 classrooms, ANA said in a statement. It will open in May 2012 in Tokyo.
The academy will be open both for ANA pilots seeking type certification on the 737 or A320, as well as licensed pilots who are not employed by ANA.
The initial capital of the venture will be yen (Y) 75 million ($965,000). ANA will hold 51% of the venture and ANA Trading will hold 49%. ANA's executive vice president of flight operations, Katsumi Nakamura, will be the venture's CEO.
"The academy will be built upon ANA's established experience as a provider of high-quality training with the cooperation of Pan Am International Flight Academy, the leading pilot training company in the United States," said ANA.
Source: Air Transport Intelligence news
