A-Sonic's Education Business

In the announcement on 27 Sep 2010, A-Sonic Aviation Training Private Limited (“A-Sonic Aviation Training”) has obtained CAAS SAR-147 MTO approval from the Civil Aviation Authority of Singapore.

A-Sonic Aviation Training was incorporated on 7 January 2010 with the aim to offer solutions to the ever-increasing global demand for aviation-related training with particular focus on maintenance, operations and safety.

A-Sonic Aviation Training intends to expand its services to include the following courses:
(i) CAAS SAR 66 Basic courses leading to a Licensed Aircraft Engineering certification;
(ii) Basic aircraft engineering;
(iii) Specialty including aircraft structure and composite repairs; and
(iv) Customized aircraft engineering.

Here are some news that may give some insights on the prospect of A-Sonic's education business and logistics business.

1. The Civil Aviation Authority of Singapore (CAAS) will launch a S$9 million Aviation Manpower Programme (AMP) for the period from 1 December 2010 to 31 March 2015 to bolster human resource development efforts for Singapore's aviation industry. (18 Nov 2010) 
2. According to IATA, international airfreight traffic grew 24% and revenue generated by air cargo rose 30% through the first 10 months of 2010 compared to the same period in the previous year. IATA expects air cargo rebound will continue in 2011 but at slower pace. Chief Economist Brian Pearce said, "If we step outside of Europe, particularly in Asia and Latin America, there is actually really strong growth." (14 Dec 2010)
3. Global air freight rose by 9.1% in January 2011 compared to the same month of the previous year. (1 Mar 2011)

Disclaimer: All info posted is for reference only and not an inducement to buy or sell shares. You are solely responsible for your own actions.