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At one time we had primary flight training centers at five different airports and operated
more than 100 airplanes, including several DC-3s and an AT-6. We were busy, but we were
barely making money. We finally fixed that by limiting our primary flight training to the
FlightSafety Academy in Vero Beach, Florida, and restricting admission to people who
intended to become professional pilots. Since then the Academy has become one of the
premier primary schools in the world, and airlines from Europe, Asia and the United States
have been sending ab initio students there steadily for thirty years.
We thought our expertise in hands-on, simulator-based training would work well in other
fields. In 1973 we sidestepped from aerodynamics and immersed ourselves in hydrodynamics
to create MarineSafety for the instruction of merchant marine and surface Navy officers.
The risk paid off, and MarineSafety continues as a well-regarded subsidiary with training
centers in the United States and Europe. Spurred by that success, in 1984 we created another
subsidiary aimed at training operators at nuclear power plants. As everyone knows, the
nuclear power business bombed, and so did our venture.
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