Stein Mjåtveit
05.06.18

OSM Aviation acquires SAA – becomes Nordic leader

WRITTEN BY
Stein Mjåtveit
PUBLISHED
05.06.2018

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Opening new training facility at Arendal Airport, Gullknapp


OSM Aviation is acquiring 51 per cent of the shares in Scandinavian Aviation Academy (OSMAA), which will become the largest pilot school in the Nordic region. To increase its capacity, OSMAA is to open OSM Aviation Academy , -a new training facility at Norway’s Arendal Airport Gullknapp, where both Norwegian and international students will receive a first-class training with a specially developed career path and permanent employment as a pilot with OSM Aviation.



“We have collaborated with OSMAA, and are very pleased with their expertise and qualities,” says Espen Høiby, CEO of OSM Aviation. “As owner, we will contribute to continuing the development of the academy, not least through a commitment in Norway.


“In addition, we believe that offering the students a programme which will give them attractive jobs as soon as they graduate could be positive both for them and for ourselves.”


200 students in training


Since its establishment in 1963, OSMAA has held a leading position in Sweden and is internationally acclaimed for its high standards with both training and safety. The academy currently operates a pilot school at Stockholm-Västerås International Airport in Sweden and another in San Diego, CA in the US.

These facilities have about 100 students between them. The school in Arendal, Norway is expected to become operational in the autumn of 2018, and will be gradually built up to a minimum capacity of 100 students.

“We’re pleased to have acquired a long-term industrial player as our largest shareholder,”

Olof Bärve, CEO of OSMAA.

“Through a closer and more integrated collaboration with OSM Aviation, we will continue our commitment to quality in training while expanding both capacity and student programmes.” says Olof Bärve, CEO of OSMAA.


Specially tailored career path


OSMAA offers a two-year course compliant with the integrated Ab-initio programme for pilot training, which qualifies for the certificates required to fly for an international airline. OSM Aviation currently has a number of such airlines as customers, and their workforce includes 1 500 pilots among just over 5 500 employees.

Demand for new pilots is high, and students from OSMAA will have opportunities to take the necessary specialisations tailored to the requirements of the airlines they are to fly for. This career path is being shaped by OSM Aviation as the employer.


The Gullknapp pilot school will offer a modern and attractive educational package with qualified instructors and very suitable new aircraft for use in training. In addition, a technically advanced Boeing 737 FNPT II simulator will form part of the teaching.


With classrooms, offices and a hangar, the school will gradually build up a capacity of at least 100 students with a staff of just over 30. It will collaborate extensively with the OSMAA facility in Sweden on such aspects as educational curricula, systems and routines to maintain quality and safety as well as meeting regulatory requirements. Together, the two training locations will have 200 pilots in continuous training. 


In addition, OSMAA owns a company which provides maintenance and service for the aircraft used in the training and education. This will also be utilized by the new school in Norway.

Big demand for new pilots


The Gullknapp school wants to recruit the best students, and accordingly aims to attract both Norwegian and international applicants. A full two-year course costs about EUR 100 000.


Norwegian students pursuing an officially approved airline pilot course are being offered a favourable financial package this year by the Norwegian State Educational Loan Fund, which allows them to receive up to NOK 1 049 000 in support for the two-year period of study.


People are travelling more and more, and the international fleet of aircraft is set to expand sharply in coming years. Combined with the fact that a large proportion of today’s pilots are approaching retirement, this means demand for new pilots is high.


Commercial air traffic is expected to double over the next 15 years, and estimates indicate that 620 000 new pilots are required by 2035. 80 per cent of these new pilots still have to be trained and educated. The prospects for young people seeking a career as a pilot are in other words promising.