Directive (programming)

ATP Flight School Partners With Avelo Airlines and Introduces the Avelo Direct Program for Graduates

Retrieved on: 
Tuesday, December 28, 2021

JACKSONVILLE BEACH, Fla., Dec. 28, 2021 (GLOBE NEWSWIRE) -- ATP Flight School has formed a pilot hiring partnership with Avelo Airlines.

Key Points: 
  • JACKSONVILLE BEACH, Fla., Dec. 28, 2021 (GLOBE NEWSWIRE) -- ATP Flight School has formed a pilot hiring partnership with Avelo Airlines.
  • Under the Avelo Airlines Direct Program, pilots progress straight from ATP at 1,500 hours to a Boeing 737 First Officer position with Avelo.
  • The Avelo Direct Program provides an innovative solution to pilots looking to accelerate their careers while providing Avelo with a steady flow of qualified applicants during the present pilot shortage.
  • Graduates gain further experience flying as instructors with ATP, and at 1,500 hours of flight time, participants in the Avelo Direct Program can advance to a first officer position with the airline.

KBRA Assigns Preliminary Ratings to First Investors Auto Owner Trust 2021-2

Retrieved on: 
Wednesday, August 11, 2021

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to five classes of notes issued by First Investors Auto Owner Trust 2021-2 (FIAOT 2021-2), an asset-backed securitization collateralized by a pool of auto loans.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to five classes of notes issued by First Investors Auto Owner Trust 2021-2 (FIAOT 2021-2), an asset-backed securitization collateralized by a pool of auto loans.
  • Credit enhancement consists of excess spread, overcollateralization, subordination (except for the Class E Notes) and a reserve account funded at closing.
  • FIAOT 2021-2 represents the second ABS securitization in 2021 for First Investors Financial Services, Inc.s (First Investors or the Company) and its 29th securitization since 2002.
  • KBRA considered its operational review of First Investors, as well as periodic update calls with the Company.