Avenger Flight Group
Avenger Flight Group (AFG) is the largest privately-owned type rating Full Flight Simulator training organization globally, operating approximately 50 FAA/EASA Level D simulators across 11 training centers in the U.S., Mexico, and Spain, serving ultra-low-cost carriers and major airlines through long-dated exclusive dry-lease and dedicated-facility agreements.
- Company typePrivate
- Founded2013
- HeadquartersFort Lauderdale, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Avenger Flight Group does
Avenger Flight Group (AFG) is a Fort Lauderdale-headquartered commercial aviation simulation and training company that operates the largest privately-owned fleet of type rating Full Flight Simulators (FFS) globally. Founded in 2013, the company deploys FAA Part 60 Level D and EASA Level D certified simulators covering Airbus A320/A330, Boeing 737/767/777, Embraer 170, and ATR aircraft types, equipped with Collins Aerospace EP-8100 collimated visual systems and E2M 6-DOF electric motion platforms. As of its February 2026 Chapter 11 filing, AFG operated approximately 11 training centers across 4 countries with roughly 50 full-flight simulators and had delivered over 900,000 cumulative flying hours of training.
The company's business model centers on long-dated, often exclusive, enterprise contracts with airlines, including 10-year agreements with Viva Aerobus (Monterrey) and Aeromexico (Mexico City), and a since-2012 anchor relationship with Spirit Airlines. AFG primarily sells simulator training hours via dry-lease arrangements — clients use their own instructors, which lowers AFG's cost-to-serve and lowers the customer's total training cost — while also operating purpose-built, dedicated training facilities (e.g., Allegiant Air Training Department occupying the second floor of the Las Vegas center). GTM is enterprise field sales targeting ultra-low-cost carriers and major airlines with peak-capacity or geographic-proximity needs.
AFG's growth was funded heavily with debt, peaking with a $155 million senior credit facility from Marathon Asset Management and syndicated lenders in July 2021 to support simulator expansion across the U.S., Latin America, and Europe. The combination of $273 million in secured debt by February 2026, Pratt & Whitney engine groundings affecting over 55% of its A320 simulators, the collapse of anchor customer Spirit Airlines in May 2026, and the November 2024 closure of its Cancun center precipitated a Chapter 11 filing in February 2026. The company emerged from restructuring in June 2026 as AFG Newco, LLC under new CEO Eduardo Carrasco, a founding executive and 30-year aviation industry veteran.
Avenger Flight Group firmographics
Firmographics- Name
- Avenger Flight Group
- Legal name
- Avenger Flight Group LLC
- Website
- https://afgsim.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Avenger Flight Group (AFG) is the largest privately-owned type rating Full Flight Simulator training organization globally, operating approximately 50 FAA/EASA Level D simulators across 11 training centers in the U.S., Mexico, and Spain, serving ultra-low-cost carriers and major airlines through long-dated exclusive dry-lease and dedicated-facility agreements.
- Ownership category
- akta.pro rank
Avenger Flight Group industry classification
Industry- Product category
- Aviation Flight Simulation Training
- NAICS
- Flight Training (611512)
- SIC
- Computer Peripheral Equipment, Nec (3577)
- akta.pro primary industry
- Racing & Flight Simulation Hardware (Wheels, Pedals, HOTAS) (HDACANAE)
Keywords
Where Avenger Flight Group is headquartered
LocationHeadquarters
- HQ city
- Fort Lauderdale
- HQ country
- United States
- HQ region
- North America
Offices9 records
Markets served
Avenger Flight Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Simulator Training Hours (Dry Leases): AFG primarily generates revenue through selling simulator training hours via dry lease arrangements. Customers rent simulator time without instructor staff, reducing costs because instructor services are not included. This model allows low-cost airlines to outsource training and acquire initial capital investment.
- Training Center Management: AFG develops and operates dedicated training centers for airline partners, providing turnkey training infrastructure solutions with long-term exclusive agreements.
- Pilot Type Rating Services: AFG provides type rating training for pilots, including Multi-Crew Cooperation (MCC) courses and International Jet Transition Courses as required by FAA and EASA regulations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Multi-year contract | Custom training contracts negotiated based on client requirements |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Avenger Flight Group product offering
Product offeringCore offering
Avenger Flight Group (AFG) operates dedicated commercial aviation simulation and training centers that provide FAA and EASA Level D Full Flight Simulator (FFS) dry-lease hours and structured pilot training programs (type rating, MCC, International Jet Transition) to airlines. It develops purpose-built training facilities near airline hubs under multi-year exclusive contracts and offers flexible contract execution, mobile simulator deployment, and simulator lifecycle management.
Product overview
Avenger Flight Group (AFG) is a commercial aviation simulation and training company offering a portfolio of flight training products and services. The core offerings include Level D Full Flight Simulators (FFS) for Airbus, Boeing, Embraer, and ATR aircraft, supplemented by Flight Training Devices (FTD). The company provides type rating training, MCC courses, and International Jet Transition Courses as add-on training modules. AFG also offers flexible dry lease simulator hours and mobile simulator deployment services. The company operates training centers across North America, Latin America, and Europe, serving ultra-low-cost carriers and major airlines.
Differentiator
Problem solved
Functional benefit
Products and services
- Full Flight Simulators (FFS) Level D certified Full Flight Simulators providing high-fidelity flight training for commercial aircraft types (Airbus A320/A330, Boeing 737/767/777, Embraer 170, ATR), offered via dry lease and dedicated facility arrangements to airline customers.
- Flight Training Devices (FTD) Flight Training Devices including Airbus A320 FTD units and Boeing 767/777 FTDs, providing cost-effective training solutions for initial and recurrent pilot training for airline customers.
- Type Rating Training Initial and recurrent type rating training services for airline pilots, supporting carriers with limited training options and time-sensitive requirements at competitive prices.
Quantifiable outcome
- 900,000+ flying hours of training completed
- +2 more outcomes
Companies that use Avenger Flight Group
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles4 records
Avenger Flight Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Avenger Flight Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- SIM InternationalsupportingSIM International is the manufacturer of AFG's flight simulators. A settlement agreement with SIM International resolving simulator lease disputes was included in the Chapter 11 bankruptcy filing, indicating ongoing commercial relationship for simulator procurement and maintenance.
Scale indicators10 records
Recent moves7 records
Expansion highlights5 records
Avenger Flight Group competitors and assessment
Company assessmentDirect peers
- FlightSafety International: FlightSafety International (a Berkshire Hathaway subsidiary) is one of the largest pilot training organizations globally, operating a network of learning centers with Level D simulators. It is the closest direct competitor to AFG in type rating and recurrent training for major airlines.
- L3Harris Commercial Aviation Solutions: L3Harris (formerly L3 Technologies) operates a commercial aviation training business with full flight simulators and training centers, directly competing with AFG in the type rating and dry lease simulator market.
- Pan Am International Flight Academy: Pan Am International Flight Academy operates full flight simulators and provides type rating and recurrent training at multiple US locations, directly competing with AFG in the North American training market.
Emerging players
- Aerosim Flight Academy: Aerosim Flight Academy (formerly connected to Aerosim Technologies) provides ab-initio pilot training with simulator exposure. It overlaps with AFG's MCC and pilot pipeline training offerings, though focused more on entry-level training.
Others
- SIM International: SIM International (now part of SIM-ARC) is a manufacturer and lessor of full flight simulators and a known AFG equipment supplier and counterparty. It is included as an ecosystem participant and supplier in AFG's value chain.
Broad incumbents
- CAE Inc. CAE is the world's largest civil aviation training company, operating ~250 full flight simulators and offering both pilot training and simulator manufacturing. It is the dominant incumbent in the same market AFG serves, with broader geographic and platform coverage.
- Alteon (Boeing Training & Professional Services): Alteon is Boeing's pilot and technician training subsidiary, offering a broad portfolio of pilot training services. As a Boeing-affiliated broad incumbent, it competes with AFG particularly for airline customers operating Boeing fleets.
Regional players
- Lufthansa Flight Training: Lufthansa Flight Training operates Level D simulators in Germany and across Europe, providing pilot type rating and MCC training. It overlaps with AFG's Madrid training center as a European competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Avenger Flight Group social profiles
Digital presenceAvenger Flight Group compliance and trust
Trust signalCompliance6 records
Avenger Flight Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Avenger Flight Group leadership team
Management profileNumber of profiles
Profiles8 records
Avenger Flight Group subsidiaries and ownership
Company hierarchySubsidiaries3 records
Avenger Flight Group funding detail
Funding detailFunding overview
Funding rounds2 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Avenger Flight Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Avenger Flight Group
What does Avenger Flight Group do?
Avenger Flight Group (AFG) operates dedicated commercial aviation simulation and training centers that provide FAA and EASA Level D Full Flight Simulator (FFS) dry-lease hours and structured pilot training programs (type rating, MCC, International Jet Transition) to airlines. It develops purpose-built training facilities near airline hubs under multi-year exclusive contracts and offers flexible contract execution, mobile simulator deployment, and simulator lifecycle management.
Is Avenger Flight Group a public or private company?
Avenger Flight Group is a private company. It is classified as venture growth investor backed and is currently operating.
When was Avenger Flight Group founded?
Avenger Flight Group was founded in 2013. It employs 101 to 250 people.
Where is Avenger Flight Group based?
Avenger Flight Group is headquartered in Fort Lauderdale, United States, in the North America region.
How does Avenger Flight Group make money?
Three revenue lines are on record. Simulator Training Hours (Dry Leases) is the primary driver. The others are training Center Management and pilot Type Rating Services.
Who are Avenger Flight Group's main competitors?
Direct peers on record are FlightSafety International, L3Harris Commercial Aviation Solutions and Pan Am International Flight Academy. Aerosim Flight Academy is listed as an emerging player. SIM International is listed as an others. Broad incumbents are CAE Inc. and Alteon (Boeing Training & Professional Services). Lufthansa Flight Training is listed as a regional player.
Does Avenger Flight Group have an API?
No public API is recorded for Avenger Flight Group.
What industry is Avenger Flight Group in?
Avenger Flight Group's product category is Aviation Flight Simulation Training. Its primary akta.pro industry code is HDACANAE, Racing & Flight Simulation Hardware (Wheels, Pedals, HOTAS). Its NAICS code is 611512 and its SIC code is 3577.