Revenue USD 3.5 mn. EBITDA ~ 15%. USD 1.3 mn for 30% minority stake at Indonesia based pilot training school. Includes USD 2.5 mn of physcial assets (18 training aircrafts, etc.).

Certified aviation training school that trains cadet pilot who wants to obtain EASA and FAA licenses. Holds Indonesia ICAO license under Indonesia Directorate General of Civil Aviation. Approved Training Organization ( ATO ) of Civil Aviation Authority of Vietnam and Department of Civil Aviation of Lao People Democratic Republic.

Currently training about 100 cadet pilots. Running training scholarship program where aspiring pilots go through scholarship training program and after they finished they will be bound for 6 year to work as first officer in Vietjet Air as outsourcing pilots.