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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 Automated Flight Information Reporting System (AFIRS), AFIRS Edge, Tropospheric Airborne Meteorological Data Reporting (TAMDAR) and FLYHT-WVSS-II. AFIRS is an aircraft satcom/interface device, which enables cockpit voice communications, real-time aircraft state analysis, and the transmission of aircraft data while inflight. The AFIRS Edge is a 5G wireless quick access recorder (WQAR), aircraft interface device (AID), and aircraft condition and monitoring system (ACMS). TAMDAR system is a sensor device installed on aircraft that captures temperature, atmospheric pressure, winds aloft, icing, turbulence, and relative humidity. FLYHT-WVSS-II is an externally mounted aircraft sensor that detects and reports water vapor as relative humidity. The Company's wholly owned subsidiary, CrossConsense, offers skilled services to the commercial aviation industry.


TSXV:FLY - Post by User

Comment by Thylor09on Feb 02, 2022 9:08am
130 Views
Post# 34388499

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Interesting

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:InterestingYou might be missing the point Ray, there are about a dozen amazon size deals out there to go after for the first time maybe ever. Like I said Covid 19 has changed Flyht potential clients buying patterns.

I am actually assuming Flyht wins none of these big deals, the more likely scenario is they get 1 or 2 of them.

As to profitability I think that starts first quarter Ray, we will see who is correct when 1st qtr results come out.

To your large North American carrier concern, I expect Flyht to win one or more through their new Actionable Intelligence Line.

My guess is that could occur in 3 Quarter of 2022

Ray I am glad you mentioned China as they have signed a very big deal with Comac's C919
The initial order is for one plane for approximately 100k.
I have not mentioned it before because revenues will not really be material till 2023.
Comac has currently confirmed orders for 305 planes.  I believe that it is Comac's intent to install Flyht equipment on all of their planes.


That for you Ray is 305 planes x 100k = 30.5 million USD

Actually this order over the years will be much much bigger than 30.5 million as its only on the initial confirmed orders I have included in this number .The C919s order book will continue to grow well beyond 305 planes over time.


Ray we are counting this as Zero in 2022 and I only mentioned it in response to your China comment.

ps
This mornings SITA announcement was absolutely essential for Flyth to move forward effectively in the Actionable Intelligence space
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