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FLYHT Aerospace Solutions Ltd V.FLY

Alternate Symbol(s):  FLYLF

FLYHT Aerospace Solutions Ltd. provides solutions for the aviation industry. The Company's aircraft certified hardware products include Automated Flight Information Reporting System (AFIRS), AFIRS Edge, Tropospheric Airborne Meteorological Data Reporting (TAMDAR) and FLYHT-WVSS-II. AFIRS is an aircraft satcom/interface device, which enables cockpit voice communications, real-time aircraft state analysis, and the transmission of aircraft data while inflight. The AFIRS Edge is a 5G wireless quick access recorder (WQAR), aircraft interface device (AID), and aircraft condition and monitoring system (ACMS). TAMDAR system is a sensor device installed on aircraft that captures temperature, atmospheric pressure, winds aloft, icing, turbulence, and relative humidity. FLYHT-WVSS-II is an externally mounted aircraft sensor that detects and reports water vapor as relative humidity. The Company's wholly owned subsidiary, CrossConsense, offers skilled services to the commercial aviation industry.


TSXV:FLY - Post by User

Post by uberliouson Nov 14, 2013 5:10pm
351 Views
Post# 21907445

Conference Call

Conference Call Longest one ever, lasted about 45 minutes with plenty of questions from different callers. Still on track for cash flow positive/nuetral q4. If Dec warrants are exercised, it will bring in about 6 million which will be used to retire debt.
  That Chineese order will bring 12 million dollars, 1 time, and then the recurring revenue. Presently they will only be using the voice option with no data. 25 units are up and running with 5 more in progress of being installed. There are another 31 airlines in china so alot more business to come.
Flight tests are presently being done in Europe for the AirBus program. Overall a very positive CC
Uber 
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