The covenant between AAG and BDOLF comes at a time of tremendous growth now being seen in Southeast Asia’s airline industry, as demand for commercial pilots surpasses the current supply. Recently, Boeing has forecasted that 617,000 more commercial pilots will be needed globally by 2034, with 248,000 (40%) required across Southeast Asia.
“BDO Leasing is truly excited with our partnership with Alpha Aviation Group being one of the leading global pilot training providers. It comes at an opportune time when the Philippines and the ASEAN Region, as a whole, is poised to economically grow faster than other countries in the world. We thank Alpha Aviation Group for establishing Clark Pampanga as its main training hub because this will increase the number and improve the skills of Filipino pilots. Further, the simulator will be available to neighboring countries that are increasing its fleet of Airbus A330 & A340,” said Roberto Lapid, President of BDO Leasing & Finance.
For AAG’s part, finance manager Christine Legaspi, said, “The addition of the A330 full flight simulator with A340 option marks not only a significant milestone in the growth of Alpha Aviation Group but also our company’s timely collaboration with BDO, the Philippines’ biggest bank, toward a shared goal that is to support the aviation sector development.
In Southeast Asia, Alpha Aviation Group Philippines continues to support numerous airline partners throughout the region and is announcing further developments in the coming months. In the Middle East, Alpha Aviation Academy has become the largest Multi-Crew Pilot License training provider in the region and one of the largest globally. The platform has also been nominated Aviation Training provider of the year in 2016.
