L3Harris Divests Flight Training Assets in Portugal to Sevenair

L3Harris has divested its flight training assets in Portugal to Sevenair. The multinational corporation’s exit provides a growth opportunity for the Lisbon-based aviation company, which operates an academy, MRO, and a regional airline.

Julie Boatman

Friday, September 23, 2022 at 02:05 PM ET

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Sevenair Academy operates Tecnam’s P2006T twin in its training operation along with other Tecnam and Cessna aircraft, now joined by the L3Harris fleet of Diamond DA42s, and Piper PA28s. [Courtesy: Sevenair]

Key Takeaways:

L3Harris has divested its flight training assets in Portugal, selling its Ponte de Sor facility, a fleet of aircraft, simulators, and student accommodations to Sevenair Academy.
This acquisition significantly expands Sevenair Academy's operations, adding a third training location in Portugal and increasing its total fleet to 52 aircraft.
The move allows Sevenair to overcome operational constraints at its Cascais base and pursue new growth opportunities, including potential partnerships for cadet training with European and Middle Eastern airlines.
Sevenair's new Ponte de Sor facility provides extensive space for flight training, maintenance, and technician programs, bolstering its integrated aviation services.

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L3Harris has divested its flight training assets in Portugal to Sevenair Academy. The multinational corporation’s exit provides a growth opportunity for the Lisbon-based aviation company, which operates an academy, MRO, and regional airline.

L3Harris operated a 260,000 square-foot training facility at the Aeródromo Municipal de Ponte de Sor (LPSO), in central Portugal, along with a fleet of roughly a couple dozen aircraft, including Piper PA-28s and Diamond DA42s. Sevenair also gains three simulators, and a 138-room dormitory accommodation for students on the airfield, with room to expand.