Has 43 Airschool been sold?

Aviation chatter - For ALL Pilots and Aviation Enthusiasts

Moderator: Moderators

User avatar
jimdavis
10000 and still climbing
10000 and still climbing
Posts: 15824
Joined: Thu Jun 19, 2008 7:46 am
Closest Airfield: FAGG
Location: Wilderness
Has liked: 268 times
Been liked: 264 times

Has 43 Airschool been sold?

Unread post by jimdavis » Wed Aug 14, 2019 11:03 am

A little birdie tells me that 43 has been sold. Anyone know if this is true?

jim
"PPL Manual"
"Flight Tests"
"So Others May Live"
"Flying in Africa" Vol 1
"Flying in Africa" Vol 2
Look inside these books, or buy them at: www.jimdavis.co.za.
Falafel
HASSELL checks
Posts: 271
Joined: Fri Feb 08, 2019 11:47 am
Closest Airfield: FALA_LCY
Location: United Kingdom
Has liked: 26 times
Been liked: 41 times

Re: Has 43 Airschool been sold?

Unread post by Falafel » Wed Aug 14, 2019 11:03 am

jimdavis wrote:
Wed Aug 14, 2019 11:03 am
A little birdie tells me that 43 has been sold. Anyone know if this is true?

jim
Yes
User avatar
cage
Niner Tousand
Niner Tousand
Posts: 9685
Joined: Mon Dec 23, 2013 9:47 am
Closest Airfield: FAGC
Location: ..for the grass 35
Has liked: 8 times
Been liked: 161 times

Re: Has 43 Airschool been sold?

Unread post by cage » Wed Aug 14, 2019 11:06 am

Did NAC sell it or are they the buyers you are referring to?
User avatar
jimdavis
10000 and still climbing
10000 and still climbing
Posts: 15824
Joined: Thu Jun 19, 2008 7:46 am
Closest Airfield: FAGG
Location: Wilderness
Has liked: 268 times
Been liked: 264 times

Re: Has 43 Airschool been sold?

Unread post by jimdavis » Wed Aug 14, 2019 11:06 am

Falafel wrote:
Wed Aug 14, 2019 11:03 am
jimdavis wrote:
Wed Aug 14, 2019 11:03 am
A little birdie tells me that 43 has been sold. Anyone know if this is true?

jim
Yes
To whom?

jim
"PPL Manual"
"Flight Tests"
"So Others May Live"
"Flying in Africa" Vol 1
"Flying in Africa" Vol 2
Look inside these books, or buy them at: www.jimdavis.co.za.
Falafel
HASSELL checks
Posts: 271
Joined: Fri Feb 08, 2019 11:47 am
Closest Airfield: FALA_LCY
Location: United Kingdom
Has liked: 26 times
Been liked: 41 times

Re: Has 43 Airschool been sold?

Unread post by Falafel » Wed Aug 14, 2019 11:08 am

jimdavis wrote:
Wed Aug 14, 2019 11:06 am
Falafel wrote:
Wed Aug 14, 2019 11:03 am
jimdavis wrote:
Wed Aug 14, 2019 11:03 am
A little birdie tells me that 43 has been sold. Anyone know if this is true?

jim
Yes
To whom?

jim
"private equity consortium led by Attie Niemann, CEO of 43 Air School"...

Believe have also made an acquisition since then but dont have the info available right now
Falafel
HASSELL checks
Posts: 271
Joined: Fri Feb 08, 2019 11:47 am
Closest Airfield: FALA_LCY
Location: United Kingdom
Has liked: 26 times
Been liked: 41 times

Re: Has 43 Airschool been sold?

Unread post by Falafel » Wed Aug 14, 2019 11:13 am

Would be interested in your thoughts :?: Curiosity more than anything.... leaving the NAC nest and all :?:
User avatar
FAKRMike
ATC Delay
Posts: 117
Joined: Mon Jan 30, 2017 2:04 pm
Closest Airfield: FAKR
Has liked: 0
Been liked: 2 times

Re: Has 43 Airschool been sold?

Unread post by FAKRMike » Wed Aug 14, 2019 11:57 am

I believe soon after 43 acquired a piece of PTC??
User avatar
jimdavis
10000 and still climbing
10000 and still climbing
Posts: 15824
Joined: Thu Jun 19, 2008 7:46 am
Closest Airfield: FAGG
Location: Wilderness
Has liked: 268 times
Been liked: 264 times

Re: Has 43 Airschool been sold?

Unread post by jimdavis » Wed Aug 14, 2019 12:20 pm

Screenshot 2019-08-14 at 12.18.41.png
You do not have the required permissions to view the files attached to this post.
"PPL Manual"
"Flight Tests"
"So Others May Live"
"Flying in Africa" Vol 1
"Flying in Africa" Vol 2
Look inside these books, or buy them at: www.jimdavis.co.za.
Mustang
Post Take off checks
Posts: 226
Joined: Thu Dec 29, 2011 2:00 pm
Closest Airfield: FATP
Has liked: 31 times
Been liked: 5 times

Re: Has 43 Airschool been sold?

Unread post by Mustang » Wed Aug 14, 2019 1:34 pm

Following the recently announced acquisition of 100% of share capital of 43 Air School through a MBO led by Attie Niemann, the current CEO of 43 Air School, and an equity firm, for an undisclosed sum, 43 Air School have now acquired additional shareholding in the Airline Training Specialist Company, PTC Aviation (Pty) Ltd.

https://www.43airschool.com/breaking-av ... -aviation/
"Aviation is a passion towards greater achievement in life!" - Julius Klokow (Mustang)
User avatar
flypiper
Frequent AvComer
Posts: 698
Joined: Tue Aug 28, 2007 7:13 pm
Location: Bloemfontein
Has liked: 2 times
Been liked: 6 times

Re: Has 43 Airschool been sold?

Unread post by flypiper » Thu Aug 15, 2019 7:42 am

Ja Zim ,

That was your brain chield with a great sucsess . :)
Flying!!!

Return to “General Aviation Chatter”