Kura Aviation has announced its new status as a Community Interest Company (CIC).
Kura explains the new company, an industry first, is dedicated to creating new training and employment opportunities for the airline pilots of the future.
A CIC is defined as a social enterprise that wants to use its profits and assets for the public good. As a CIC, Kura requires it to reinvest profits back into the trainee pilot community; generating sponsorship and funding opportunities which Kura says will directly benefit those who find the cost of entry to the profession prohibitive.
Kura’s Managing Director, Isobel Hall, explained, ‘Kura’s conversion to Community Interest Company creates a new funding dimension for aspiring pilots across the industry. We are extremely proud to take this ground-breaking step; not only to support the individuals who dream of becoming an airline pilot, but also for a fabulous industry struggling to attract new talent due to the high cost involved.”
Kura remains a fully independent training organisation and will continue to prepare both modular and integrated trained pilots for their first airline role with a combination of technical and non-technical training through its Bestpilot training programme.
Captain Dave Cox from BA Cityflyer, added a comment on Kura’s new status, saying, “We are delighted to partner with the industry’s first ever Community Interest Company and fully support Kura’s aim of further widening opportunities to enter the aviation industry.”