Universal Technical Institute Offers A&P Program
Universal Technical Institute, Inc., a leading workforce solutions provider of transportation, skilled trades, energy and healthcare education programs, launched an airframe and powerplant program its UTI-Avondale campus in July. Also launched in July were the HVACR, wind power, industrial maintenance and welding programs. New students are being admitted in nine more programs at five additional campuses. The remaining programs planned to begin classes in August and September include robotics and automation.
These program expansions are another important step in the execution of the company’s growth and diversification strategy, first announced in early 2021. Approximately 70 students started in the five programs launched in July. Once fully operational, these programs will be able to support more than 1,000 students annually who are seeking careers in the skilled trades and energy sectors.
“The acquisition of MIAT College of Technology and the continued success of our welding programs have allowed us the opportunity to expand our UTI division program offerings across our national campus footprint,” commented Jerome Grant, chief executive officer. “The program expansions, along with the two new UTI campuses launched in 2022, and the acquisition of Concorde Career Colleges this fiscal year, are a key element of our growth and diversification strategy.”
With the current program expansion effort, the company is optimizing its existing UTI division campus footprint to include airframe and powerplant, HVACR, industrial maintenance, robotics and automation, and wind power in addition to the current automotive, diesel, welding, motorcycle, and marine mechanic programs. Including the July launches, new programs are currently planned across nine campuses in seven states. Potential future expansions may also be considered.
The Airframe and Powerplant program at UTI-Avondale has received Federal Aviation Administration approval. Two additional campuses, UTI-Long Beach and UTI-Miramar, are pending FAA approval.
The Airframe & Powerplant and Aviation Maintenance Technology programs prepare graduates to pursue entry-level careers in the aviation industry or related fields. Graduates are eligible to apply and test for an FAA-issued mechanic certificate. Career options may be limited without an FAA-issued mechanic certificate, and salaries may be lower. UTI and MIAT are educational institutions and cannot guarantee employment, salary or FAA certification.
The company will hold its Fiscal Third Quarter 2023 Conference Call on Tuesday, Aug. 8, at 4:30 p.m. (ET). The company's most recent investor presentation can be found here.
