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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 abolduc3106on Sep 29, 2015 7:18am
122 Views
Post# 24143988

RE:RE:RE:RE:RE:RE:RE:Avmax

RE:RE:RE:RE:RE:RE:RE:AvmaxThe other thing about OEM installs is that even though they make it easier for potential clients to flip the switch when they do decide to use AFIRS, it diesn't guarantee they will unless FLYHT goes after them individually and gets commitments from them to do that.

The useful economic life of a commercial airplane is general viewed as being 25 years, and some owners milk them for a lot longer than that, so even with OEM install deals, it would still mean fleet owners would be using AFIRS on only a small percentage of new planes if FLYHT wasn'T going out and negotiating additional deals for retrofits with them.

For FLYHT to be successful and own the commercial airline market, they need to have a dual strategy of going after both OEM install deals for new planes and retrofit deals with existing fleet owners, which is what they are doing.

And they need to do the same for miilitary, cargo, leisure, and other aircraft markets.
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