Matt Thurber, editor-in-chief at AIN Media Group, has been flying since 1975 and writing about aviation since 1978 and now has the best job in the world, running editorial operations for Aviation International News, Business Jet Traveler, and FutureFlight.aero. In addition to working as an A&amp;P mechanic on everything from Piper Cubs to turboprops, Matt taught flying at his father’s flight school in Plymouth, Mass., in the early 1980s, flew for an aircraft owner/pilot, and for two summer seasons hunted swordfish near the George’s Banks off the East Coast from a Piper Super Cub. An ATP certificated fixed-wing pilot and CFII and commercial helicopter pilot, Matt is type-rated in the Citation 500 and Gulfstream V/550. Based in the Pacific Northwest, Matt and his team cover the entire aviation scene including business aircraft, helicopters, avionics, safety, manufacturing, charter, fractionals, technology, air transport, advanced air mobility, defense, and other subjects of interest to AIN, BJT, and FutureFlight readers.

Editor-in-Chief

Matt Thurber

Energy management company World Kinect yesterday announced plans to sell charter information platform Avinode Group to Camp Systems International for $200 million in cash. The sale includes World Kinect’s aviation software that serves the FBO market.
World Kinect expects the deal to close within 60 days and plans to use the proceeds to repay debt and reduce its annual run rate of interest expense by approximately $10 million, according to company executive v-p and CFO Ira Birns. “Longer term, this transaction should provide us with additional liquidity to invest in our core distribution platform and emerging sustainability offerings.”
Camp is a subsidiary of Hearst and specializes in aviation management services such as maintenance tracking, engine health monitoring, inventory management, and flight scheduling. Customers include more than 30,000 users and 1,500 MRO facilities supporting more than 20,000 aircraft and 30,000 engines.
“We are excited to acquire the Avinode Group and FBO products with their strong track record of delivering innovative, market-leading solutions,” said Camp Systems CEO Sean Lanagan. “This acquisition represents a complementary extension of our business and platform, to bring exciting new opportunities to the market and better serve our expanding customer base.”

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

World Kinect Agrees To Sell Avinode to Camp Systems International

The deal is for $200 million in cash and includes software that serves FBOs

World Kinect expects the Avinode sale to close within 60 days and plans to use the proceeds to repay debt and reduce its annual run rate of interest expense by approximately $10 million.

World Kinect Agrees To Sell Avinode to Camp Systems

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Avinode

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