Jim Matheson, former general manager of Twin Commander
Aircraft and group vice president of its managing service company, Precision
Aerospace Services LLC, purchased Twin Commander Aircraft LLC and will serve as
its president and CEO. The acquisition was finalized on Oct. 31. Matheson, CEO
and GM of Twin Commander from 1993 to 1997, was given oversight responsibility
for what eventually grew to four other Precision Aerospace companies in
addition to Twin Commander. Matheson will be joined as a shareholder by his
son, Mark, who has handled marketing and advertising for the company for the
past seven years. Mark Matheson also owns a marketing agency, Matheson Media
Corp.
Jim Matheson's immediate plans for Twin Commander are to
continue supporting operators and service centers, and to "focus on innovations
that add value and longevity to the fleet." Says Matheson, "Twin Commander was
the first company I was responsible for at Precision, and it has always been my
first love."
In other Twin Commander news, FlightSafety International has
moved its Twin Commander training programs to Houston Hobby Airport from
Bethany, Oklahoma. Available are two Level A simulators—one for 690/A/B models
and one for JetProp models (840/980/900 and 1000). The full range of Twin
Commander pilot initial and recurrent training, as well as maintenance training
programs, are available at the Houston Learning Center as well. FSI says the
move will allow the Twin Commander program to grow more quickly.
