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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 rai19on Mar 22, 2018 4:03pm
130 Views
Post# 27764340

RE:RE:RE:FLYHT’s UpTime™ Achieves Milestone: 2 Million Flights

RE:RE:RE:FLYHT’s UpTime™ Achieves Milestone: 2 Million FlightsI think the problem is that revenues have not been able to outpace expenses as Flyht has for the last while expended considerable effort in enhancing the product and preparing for and involving themselves in the trials with the partners we know about. They have also been hiring new skilled people. It has been suggested that there are other workings going on as well that we don't know about. In- other-words, sacrificing present profits for future benefits.

The revenues have however kept within range and I suspect that soon the lines will cross in a favourable way. I trust that Mr. Schmutz has made the correct  assessments in this regard and that it will work to our benefit in the not too distant future. I like many, may have been too early with my investment here, but there is lots of reason to think the pay-off will come.
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