Aviation Capital Group LLC announced this week that, together with the International Society of Transport Aircraft Trading Foundation, it has established a Diversity and Inclusion Fund to provide scholarships, internships and other school, networking, mentoring and career resources to aviation-focused students in Africa and female aviation-focused students in South America. In addition, universities in these regions developing STEM-related programs to support students toward an entry into aviation can benefit from this Fund.
Funded by ACG and managed by the ISTAT Foundation, the Fund aims to break down barriers that these diverse scholars would typically face, helping them enter the aviation industry and be successful in it.
"ACG is proud to support the ISTAT Foundation through the endowment of this Fund, which will invest in global aviation’s future leaders," said Tom Baker, CEO and president of ACG. "The Fund’s focus on diversity and inclusion helps ensure that our industry’s continued growth will be informed, enriched and supported by a broad spectrum of backgrounds, cultures and perspectives."
“The ISTAT Foundation is very pleased and grateful to partner with ACG on this important initiative related to Diversity and Inclusion. After establishing a dedicated D&I Committee within the ISTAT Foundation looking after internal structures and external giving programming focused on D&I, this is a logical and first step in embedding D&I into our DNA,” said Peter Huijbers, ISTAT Foundation Chair.
“The cooperation with ACG is a significant milestone in the ISTAT Foundation’s journey toward implementing the principles of D&I into its giving programs,” added Sigthor Einarsson, ISTAT Foundation Vice Chair and D&I Committee Chair. “We are excited by it and look at it as a foundation for further development into Diversity and Inclusion related giving, benefiting ISTAT and the industry as a whole.”
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