JACKSONVILLE, FL -- (Marketwire) -- 11/01/12 -- Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP)
Quasar Aerospace Industries, Inc. (Quasar) is proud to announce the delivery of a brand new 2012 Cessna 162 Skycatcher aircraft (http://www.cessna.com/single-engine/skycatcher.html). This state-of-the-art aircraft will allow Quasar, through its two wholly owned subsidiaries, Atlantic Aviation, Inc. and A-Cent Aviation, Inc., to generate substantial revenues in the fast growing arena of Sport Pilot training.
Aviation experts have called Sport Pilot training "The Answer That Flying Has Been Waiting For!"
How does Light Sport achieve this?
Sport Pilot training gets the student a license to fly faster -- weeks instead of months.
Sport Pilot training is less expensive -- pilots can become licensed to fly aircraft at half the cost of a Private Pilots license.
Sport Pilot training does not require a medical certificate -- pilots who have lost or can't get a medical for minor medical problems can now participate as long as they have a valid driver's license, proving they are healthy enough to fly.
Sport Pilot training is a good way to sample flying -- a sport pilot certificate is a great way to test the waters.
So, accessibility and affordability have made the Sport Pilot Category a particularly attractive option for two segments of aircraft enthusiasts:
1. People who are new to general aviation, who now have the easiest pathway to becoming pilots, both in terms of training time and cost; and
2. Seasoned pilots who, due to (often age-related) health issues, have expired medical certificates, but a far-from-expired desire and ability to continue flying.
This is not to say that Sport Pilot training is a choice only for these two groups -- far from it.
Many fully certified pilots gravitate toward Sport Pilot training for what is perhaps its greatest asset: It's easy and fun to fly. Many practiced pilots long to return to the cockpit of an airplane that provides the most direct, emotive, visceral joy of really flying.
Many student pilots use a Sport Pilot license as an intermediate step in preparation for the Private Pilot license. The Sport Pilot certificate is a real, honest-to-goodness, FAA pilot certificate, therefore, all flight training and flight hours accumulated by Sport Pilots count toward meeting applicable requirements for more advanced pilot certificates and ratings.
"This aircraft is the new age of flight training and will open aviation as a recreational activity and a vocation to thousands of potential students previously excluded," says Chief Operating Officer Bill Cirmo. "We now have the only Sport Pilot Training program with the sought after Cessna 162 Skycatcher in the North Florida and South Georgia area. We anticipate this new aircraft will generate additional revenues of approximately $210,000 in its first year of operation."
Quasar and its subsidiaries are involved in aviation and aviation related businesses. We are the only certified Cessna Pilot Center (http://www.cessna.com/learn-to-fly.html) in Jacksonville, FL. Through our subsidiaries we are an FAA Part 141 flight school (www.faa.gov), Computer Assisted Testing Service (CATS) (http://www.catstest.com) and a Comira testing facility (http://www.comiratesting.com). We offer flight training and accept VA benefits under the GI bill (http://www.gibill.va.gov/). Our flight students also benefit from our onsite RedBird Full Motion Flight Simulator FMX1000 (http://www.redbirdflightsimulations.com).
Check us out on our web site (www.quasaraero.com) and Facebook at: http://www.facebook.com/pages/Quasar-Aerospace-Industries-Inc/146434125485747 or look to schedule a student pilot experience flight through Groupon (www.groupon.com) or Living Social (www.livingsocial.com).
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Quasar Aerospace Industries, Inc. under take no obligation to update such statements.
Quasar Aerospace Industries, Inc.
Telephone: (904) 207-6503
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