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, including a 260,000-square-foot facility, approximately two dozen aircraft, three simulators, and student accommodation.
Sevenair Academy acquired these assets, significantly expanding its fleet to 52 aircraft and adding a third training location at Aeródromo Municipal de Ponte de Sor.
This acquisition provides a strategic growth opportunity for Sevenair, allowing it to alleviate operational constraints at its existing sites and scale pilot training to meet demand for its own airline and other carriers.

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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.