Thrust Flight
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Thrust Flight - overview
Established
2008
Location
Addison, TX, US
Primary Industry
Education/Training
About
Based in Texas, US, and founded in 2008 by Chief Executive Officer Patrick Arnzen and co-founders Stuart Stevenson, Thrust Flight operates as a flight school offering professional pilot courses and learning for students. In September 2024, Summit Park, along with Altitude X and the company's management, led the acquisition of Thrust Flight in a recapitalization. Thrust Flight offers a Zero Time to Airline Program, which allows students to learn professional pilot specializations for becoming professional pilots. The company’s program offers flight training including private pilot, instrument rating, commercial pilot, multi-engine rating, accelerated flight training, CFI flight instructor, and many more.
It provides various certifications and ratings including Private Pilot Certificate, Instrument Rating, Commercial Certificate, Certified Flight Instructor, Certified Flight Instructor Instrument, Multi-Engine Add-on, and many more. As of 2024, the firm partnered with various airline brands such as Envoy, Spirit, Republic Airways, Air Wisconsin, Avelo Airlines, and SkyWest Airlines. As of 2024, Thrust Flight operates in various locations such as Addison, Denison, and Conroe in Texas. The company generates revenue by enrolling students in the courses and charges USD 1,05,000 for zero-time level.
The firm charges USD 83, 000 for the Instrument level and USD 61,000 for the commercial level.
Current Investors
Summit Park, Altitude X
Primary Industry
Education/Training
Sub Industries
Schools, Education & Training Services
Website
www.thrustflight.com
Verticals
EdTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Thrust Flight - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Thrust Flight | - |
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