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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 AFIRS Edge, Automated Flight Information Reporting System (AFIRS), FLYHT-WVSS-II, and Tropospheric Airborne Meteorological Data Reporting (TAMDAR). Its actionable intelligence solutions include Wireless Quick Access Recorder (WQAR), Aircraft Interface Device, FleetWatch, FuelSens, and ClearPort. The AFIRS solutions include an aircraft satcom/interface device that enables cockpit voice communications, the transmission of aircraft data both inflight via satellite and post-flight via 5G, real-time aircraft state and fleet status analysis, and preventative maintenance solutions. Its hardware products can also be interfaced with its proprietary relative humidity sensors to deliver airborne weather and humidity data in real-time. The FLYHT-WVSS-II is an aircraft sensor. The TAMDAR system is a sensor device installed on aircraft.


TSXV:FLY - Post by User

Comment by uberliouson Apr 09, 2015 8:09am
147 Views
Post# 23612146

RE:CC

RE:CCHonestly, I was a bit concerned after I read the financials as I expected CFP by year end. I do feel better after listening to the CC a few times. Flyht is doing the best they can under circumstances that they have no control. Just taking those C-130's who have suspended do to non payment. 1/4 million there and our European customer who replaced their fleet with ATR's, over 20 units there. Even with all of this reoccurring revenue is increasing.Interesting that Air Canada has 2 units on there aircraft, these must be new aircraft purchased from Airbus since they were OEM installed. Kit deposits up to 57 from 42 in 2013 with 44 more units activated. What I'm most excited about is what we didn't hear anything about,,,airbus. They are completing their beta testing this month of a new service which exploits aircraft data. Stay tuned Uber..
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