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FLYHT Aerospace Solutions Ltd V.FLY

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

Post by Frostyfreshon Mar 11, 2020 9:59am
164 Views
Post# 30792697

Unlikelihood of Any New Contracts During Corona Crisis

Unlikelihood of Any New Contracts During Corona CrisisI find it highly unlikely that any airline will spend money on new technology in the face of such an existential threat to the industry. Unless they are forced to by regulation which brings me to my next point; I do not believe that airlines will be forced to follow the mandates schedules to go into effect for 2021. These deadlines have been pushed back before as a result of regulatory bodies in this day and age being spineless/run by industry insiders. 

This is relevant because it means we are due for a big news drought until Q4/year end results which presumably will be released April 10th. No matter how good these results are, they will be overshadowed I am sure by a warning from management that revenue in Q1/Q2 will suffer as a result of low flight hours due to coronavirus. 

In the meantime, I'm sure we can look forward to these pithy little headlines announcing presentations at irrelevant investors conferences where dementia patients will continue to not give a flying f*ck about Flyht. 

As they say in Calgary, yee-haw. 
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