Tag Archives: Flight

Baton Rouge Community College Launches a Collegiate Flight Plan to Help Satisfy Demand for Helicopter Pilots

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Baton Rouge, LA (PRWEB) July 01, 2013

Baton Rouge Neighborhood College announced nowadays its newest degree plan, Associate of Applied Science, Helicopter Pilot Operations. In partnership with Guidance Aviation, an award-winning collegiate helicopter flight instruction organization, this degree system is VA Chapter 33 rewards approved for eligible U.S. Military Veterans using their Post 9/11 GI bill rewards. Graduates of this plan will earn their Associate of Applied Science degree as nicely as become Certificated Flight Instructors with instrument rating, necessary to start off their careers as expert helicopter pilots.

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This is an essential milestone for the State of Louisiana, Baton Rouge Neighborhood College, and Guidance Aviation as it is the first and only collegiate helicopter flight education plan based in the State of Louisiana. The program is component of the Colleges new Center of Excellence in Transportation Technologies, authorized by the Louisiana Board of Regents on Wednesday, June 26, 2013.

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The Center will be targeting the areas of Automotive Technology, Aviation Technology, Logistics and Security, and Pipeline Transportation. The Center will be utilizing numerous places around the location, which includes the new Smiley Heights Improvement, the Baton Rouge Airport, and a newly leased training facility situated on Hooper Road.

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The demand for certified Helicopter pilots in the Gulf region has skyrocketed more than the past five years as a disproportionate quantity of helicopter pilots have retired and the need to have is expected to dramatically enhance all through the next five years. The Bureau of Labor Statistics forecasts job development in the helicopter sector as careers for helicopter pilots are anticipated to boost up to 21 % between 2010 and 2020. Additionally, the Oil and Gas business, Emergency Medical Solutions, and Law Enforcement have all seen considerable growth with respect to the use of helicopters.

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Established in 1998, Guidance Aviation is a leading pilot training organization. Guidance is the 1st FAA authorized Component 141 higher-altitude helicopter flight training facility in the U.S. and has extensive expertise coaching helicopter pilots inside a collegiate environment. On June 21, 2013, Guidance Aviation CEO, John Stonecipher, was awarded the prestigious title of Business Particular person of The Year by the United States Modest Organization Administration in Washington, D.C. The award was primarily based on criteria like financial strength, sustained hiring, and continuous growth. Guidance Aviation currently has a staff of 55 staff and 15 aircraft including Robinson R22s, R44s and the new Robinson R66 turbine helicopter.

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Partnerships with business leaders like Guidance Aviation are truly the important to good results of this system, stated Andrea Lewis Miller, Chancellor of Baton Rouge Community College. Technologies in the automotive and aviation fields is evolving so speedily, we truly will rely on our partners to aid us guarantee we are meeting the business needs and maintaining a globe class center.

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Baton Rouge is the best place and Baton Rouge Community College is the excellent companion. Our flight operations in Baton Rouge will specialize in pilot education for off-shore helicopter operations. The Baton Rouge airport (BTR) is strategically located next to the busiest helicopter operations in the world: the Gulf of Mexicos oil and gas platforms. This location is embedded in the real globe flight operations of professional off-shore helicopter pilots. It is an honor to be a portion of the Center of Excellence along with the automotive market at Baton Rouge Neighborhood College and we are excited to produce much more opportunities and far more jobs in the state of Louisiana, states Stonecipher, CEO, Guidance Aviation.

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Free of charge-flights of Air Force X-40A test car planned as element of NASA’s X-37 flight demonstrator system

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(PRWEB) March 16, 2001

The initial of up to seven free of charge-flight tests of the X-40A, an 85 percent scale version of NASA’s X-37 technology demonstrator, is planned to start this week at the Dryden Flight Investigation Center at Edwards, Calif.

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NASA and its sector partner The Boeing Company are making use of the X-40A, on loan from the U.S. Air Force, as element of its risk mitigation activities for the X-37 system. It will help test the shape, guidance and other systems for the X-37. Flight objectives consist of validation of Computed Air Information Systems (CADS), which will be utilized in the flight control technique of the X-37.

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Other test points are: in-flight overall performance evaluation of the Honeywell SIGI

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Space Integrated Worldwide Positioning Method Inertial Navigation Program test of manage space Operations and flight test of guidance, navigation and manage application.

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“These tests with the X-40A will give us a excellent deal of beneficial information applicable to the X-37,” said Dick Cervisi, Boeing Phantom Works X-37 plan manager. “Performing these tests will substantially reduce the threat to be encountered in the X-37 flight program.”

HWNI Flight to Good quality in ARE Fixed Revenue Fund, Ltd(BVI) 9.5% and ARE Chance Fund, Ltd (BVI) 19.53% Sept 2008, Utilizing Their Proprietary Value Approach Whole Loan Mortgage Investing Technique

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(PRWEB) October 23, 2008

The 2008 Fixed Earnings Fund, Ltd(BVI) paid its monthly dividend 1/12 payments annualized 9.five% and ARE Chance Fund, Ltd(BVI) for 2008 is averaging 18.84%, and for the Month of September 2008 ARE Opportunity Fund, Ltd(BVI) Returned 1.57% or 19.53% annualized.

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ARE Fundamentals – No external leverage, no prime broker accounts, no second lien paper, no equity, no sub-managers. All 1st mortgage and REO bought at deeply discounted levels, and a smaller sized quantity of senior performing loans against industrial genuine estate assets. 2008 represents the best atmosphere considering that 1982 for ARE approaches and systems of returns on investment.

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ARE DIFFERENTIATION KEYS TO Constant RETURNS, BUT HEAVY ON Experience&#13

1.] ARE: Low volume, constant returns via loan re-efficiency: Most of the returns in the ARE Chance Fund are created by acquiring pools of delinquent and defaulted residential mortgage loans from banks at deep discounts to the underlying genuine estate values and obtaining the borrowers to make payments once more by modifying the terms of the loan in their favor. Our greatest strength comes from receiving loans to re-carry out in this manner, holding them for income or selling them back to the capital markets. This is central to the returns in the latest fund given that launch on Could 30: (net efficiency in June, July, Aug was 1.59%, 1.89%, and 1.47%, respectively). ARE has been running this strategy considering that 1996 for higher net worth international households, and from 2004-2007, per a recent accounting study for an investor due diligence plan, we have returned 16.5% net, with no down months.

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2.] At ARE we see that the future of mortgage banking looks like its past: The market has place blind-lending behind us, and we have returned to perform old-fashioned credit evaluation on a homeowner just like home mortgage lenders used to do. The primary difference between the task we face and the old-fashioned lender is that a person let these home owners into the house before conducting the credit evaluation, which modifications considerably the modus operandi! As soon as borrower, asset, and financing prove to be mismatched, the inevitable symptom of delinquency and default cries for treatment that banks are ill-equipped to dispense, now in unprecedented numbers.

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three.] ARE is capable to administer the remedy to cure bad loans after a bank (seller) has elected to take a sizable loss: Getting acquired loans at deep discounts, when the possibility of borrower re-overall performance has been eliminated, what comes next in our process calls for a breadth of expertise such as we have created in “loss mitigation”. Powerful “Loss mitigation” implementation is typically at odds with a bank’s culture and aim of becoming a repository for performing loans renegotiating with your borrowers is also noticed by bankers as a slippery slope. Soon after failed re-efficiency on the loan we will typically look to offer you a “deed in lieu” or a “keys for cash” system for a rapid resolution and to stay away from a prolonged, full-blown foreclose action against the borrower, and decimation of the borrower’s credit rating.

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4.] At the point we have the keys in hand- what sets us apart: ARE is also a a lot more efficient steward of foreclosed home than banks can be: We are efficiently hunting to sort properties even before we have the keys. In locations with a certain trajectory of employment growth, combined with low levels of actual estate owned by banks, we appear to effect a fast sale, targeting an IRR in the low-to-mid twenties. Exactly where we see a shortage in provide of rental properties or high levels of unsold houses at costs making a quick sale unlikely, we enter the house into a rental system, very frequently to the former owner. What has earned us the respect of our peers is our capability to profitably transition sfh’s to rental properties. While nationally the US made a difficult run at receiving over 69% residence ownership, we are in a pullback on that front, and will have a require to ride out a period of home ownership retrenchment. ARE, from 12 years of expertise in non-performing loans, knows sufficient to be capable to “dance in between the raindrops” and steer clear of markets exactly where lucrative loan disposition is tough to obtain, or to discount bids in such markets appropriately.

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five.] In the worst of regional markets, simple guidelines apply: 1. We preserve REO occupied, preventing “board-up” of foreclosed property whenever attainable (and the 10%-15% min loss in house worth that goes with it).

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6.] When targeting a house for entry into a rental plan, if we can’t accomplish a mid-teens return, we try entry of that asset into a federal or state plan whereby a majority of the rent payment is guaranteed by a federal or state entity (e.g. Housing Decision Voucher Plan, which is a sort of federal help supplied by the United States Department of Housing and Urban Development (HUD)).

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7.] Turn over assets whenever feasible: 12 years of coming in and out of markets with discipline teaches us lessons about the financial stability of neighborhoods, nearby job markets, and so forth. These are lessons we can constantly re-apply on subsequent opportunities. Thoughtful entry of each industry or loan with an eye towards 1 of 10 paths* for potential disposition/resolution, expertise, experience, and willingness to pursue all ten is the essential that makes it possible for ARE to preserve capital and consistently outperform much more casual distressed actual estate investors.

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*ten paths* for possible disposition/resolution:&#13

Keys for cash-Rental conversion&#13

Keys for money-Open market place Sale &#13

Keys for cash-Government sponsored rental&#13

Deed in lieu-Rental conversion&#13

Deed in lieu- Open industry Sale &#13

Deed in lieu- Government sponsored rental&#13

Full-foreclosure- Rental conversion&#13

Complete-foreclosure- Open market place Sale&#13

Complete-foreclosure- Government sponsored rental&#13

Loan Modification- Homeowner retention &amp loan re-performance

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ARE PROMOTIONAL NOTE TO: Financial Brokers, IFA, Loved ones Offices or ARE Independent Reps can earn prorated commissions against ARE advisory and efficiency charges of up to 20% of capital invested. And due to market conditions of the unprecedented spread in the complete loan sector and our require to maximize returns, we have a promotion on our commissions around our 6 year 9.5% Fixed Income Fund, Ltd. Class A shares with an extra two.five% Charge paid-out at .05% more than 5 years and for our Chance Fund on AA Shares 5 years with an extra three% of capital invested paid net 30 days. For far more info.

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For those interested in password access to the safe offerings on our site please Speak to: Clifton Onolfo, Managing Director at CliftonOnolfo@arecapital.net + 1 786 838 9700 http://www.arecapital.net