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ABOUT PINNACLE AVIATION ACADEMY Pinnacle Aviation Academy started operations in 1997. Prior to our opening, many years of preparation and planning occurred. We found the general aviation flight training industry to be in a tail slide. Cessna Aircraft Company made the decision to stop producing single and multi engine piston aircraft in 1985 and concentrate on their Citation Jet programs. Most of the other general aviation manufacturers had either stopped piston aircraft production or had reduced their manufacturing lines to only a few aircraft per year. Most flight training schools had either run down aircraft or soon to be run down aircraft because replacements were not being built. There had been an attitude for years regarding flight training and rental aircraft that said "Why worry about paint and interior quality, they are only rental aircraft." A similar feeling existed about maintenance. "The less maintenance the better, after all, they are only rental aircraft." This attitude continued at many flight schools for years. During that time new student pilot enrollments continued to dwindle. In 1985, we had a theory! What if we provided a quality refurbished aircraft with excellent paint, interior, modern avionics and outstanding maintenance for lease to a flight school? We guessed that the school would be excited to get the aircraft on lease, the students and renters would want to fly the aircraft more that the other ones available and they might even agree to pay a little higher rental rate for an aircraft they would be proud be in when they took their families and friends flying. Before long we found our theory to be right! Our plan was "Let's make the paint and interior near perfect. We can upgrade the avionics, install factory overhauled engines and provide excellent maintenance because it is a rental aircraft." Even though I was employed as an officer in a corporation, we enjoyed our "side business" of leasing aircraft. It was a lot like buying houses or condos and leasing the properties, but aviation was a lot more interesting. We incorporated Pinnacle Aviation Services, Inc. and started refurbishing more aircraft and leasing them to flight schools. We found as we grew, so did the flight schools. By 1997, I left my corporate job, our business plan was proven and we decided to open Pinnacle Aviation Academy, Inc. Our objective was to provide quality at a competitive price for our customers. We focused on the quality of our aircraft, our staff and our facilities. Our prices were a little higher than our competition, but we believe our pricing reflected excellent value. The timing was perfect! In 1997, student pilot enrollments reversed its nearly two-decade decline. Cessna started producing single engine piston aircraft again. The other aircraft manufactures also started to increase their production. Before long, Pinnacle Aviation Academy became FAA approved for flight training (FAR 141); we were approved by the VA to train veterans and we became a Cessna Pilot Center. New Cessna 172R models began arriving, we continued to buy aircraft and we leased new or well-refurbished aircraft from a few other owners. Today we own about 75% of the aircraft we operate. Many more customers saw the value in our staff and our aircraft. We expanded our office four times in our first five years of business. In 2000, the FAA granted Pinnacle Aviation Academy "Examining Authority". We were approved to give our own in-house check rides for many of our training courses. Our approval includes Private Pilot-Single Engine, Multi-Engine VFR, Multi-Engine IFR, Instrument Rating, Commercial Pilot-Single Engine and Multi-Engine IFR. In 1992, we purchased an ownership interest in our maintenance shop, LEA, Inc. (Leading Edge Aviation). Seven years prior, we choose Leading Edge Aviation to maintain our lease aircraft because of the quality of their work. I was pleased they offered an ownership interest to us. Today Leading Edge Aviation, Inc. makes up an important part of our business association with Pinnacle Aviation Academy, Inc. and Pinnacle Aviation Services, Inc. All of our staff at Pinnacle Aviation Academy is excited about introducing aviation to our students and assisting in the fulfillment of their professional pilot or general aviation goals.
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