EIC Buys Military Aviation Training Boutique CTI

training
Credit: U.S. Air National Guard Photo/Master Sgt. Vincent De Groot 185th ARW
Memphis-based Crew Training International (CTI), a 30-year-old specialist in providing aviation training services to the military, has been sold to acquisition-based investor Exchange Income Corp. (EIC) for $45 million, the companies announced Dec. 16. CTI’s 500 employees work on various military...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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