BRITISH SCHOOL OF AVIATION FLYING HIGH WITH VERUTH HOLDINGS INVESTMENT

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The world-renowned Monarch Airlines Engineering Training Academy facilities at London Luton Airport have been purchased from the joint administrators at KPMG, by British School of Aviation (BSA).

BSA has chosen the former Monarch Airlines Engineering Training Academy building as the base for its first ever Aviation Academy, with plans to expand into more facilities nationally and internationally over the next 5 years. The School will launch its first UK Civil Aviation Authority approved Engineering courses in November, with other aviation disciplines following shortly after. BSA is proud to announce that airlines have already booked onto the first courses at the site at London Luton Airport.

Industry recognised experts Anoop Singh Bamrah, Shonu Bamrah, Matt Harvey and Richard Cooper form the Directors of the Board at British School of Aviation, alongside Peter Kara (a non-executive director of Veruth Holdings). “With airline passenger numbers set to double in the next 12 years, BSA plans to build a global network of world class industry led Aviation Academies, with the aim of training at least 3% of the global market by 2025.” BSA will provide a new and simplified model of training for the aviation industry, which will enable airlines to outsource all of their requirements for a broad range of key specialist aviation personnel to one industry leading training organisation. The aim is to create a footprint in the UK, which will ultimately be adapted at a local level worldwide. With a need for improved diversity within the aviation sector and BSA’s passion to produce the best aviation personnel, the company aims to open up the airline industry to all, working with local communities to encourage more students to train for careers in aviation.

This very exciting launch has been equity and loan financed by Veruth Holdings Ltd, Peter Kara and Falcon Flying Services.

Owner of Veruth Holdings Limited, David Sheridan, comments, “As a long-term equity investment company, we are delighted to add British School of Aviation to our portfolio. With their experienced and dedicated team, we see great opportunities both in the UK and globally for the company.”

CEO of BSA, Matt Harvey, comments, “We are so pleased to have secured this lucrative investment from Veruth Holdings. We now have the capacity to grow exponentially and we are confident that this investment will ensure the long-term growth of British School of Aviation.”

 

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