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FLYHT Aerospace Solutions Ltd V.FLY

Alternate Symbol(s):  FLYLF

Industrials Aerospace & Defense
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

FLYHT Aerospace Solutions Ltd
Bullboard Posts
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Comment by Kahn123on Jul 06, 2016 10:57am
117 Views
Post# 25027272

RE:RE:RE:FLYHT Provides Quarterly Update

RE:RE:RE:FLYHT Provides Quarterly UpdateI agree nice to see that 2.5 million of debt was retired. they still have a fair bit of cash and still some debt but its news and good news. The collection of moneys due from a former client is great news and the fact that they were signed back up with more aircraft is fantastic, but will need watching. And lastly more contracts ... means more revenue ... means the company is even closer to quarterly profits and hopefully Q over Q profits. Now if we can just get rid of some more debt and keep the cash rolling in :)
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