RE:RE:RE:RE:RE:RE:RE:RE:airasia advocates for easing of travel restrictionstannin wrote:
FLY weather info division doing fine...in fact, FLY, as per nr's, is adding to it's capabalities. It was great deal with Panasonic, fits well, uses and enlarges our relationships with aircarriers, substantial cost savings moving to FLY. Love to see another acquisition like that...
Last MD&A
Letter to Shareholders
We are getting great support from the weather community for rescuing this technology and together with our TAMDAR product, now have humidity sensor equipment for any type of aircraft. Over the next short while, we will be working with major agencies around the world to map out how these technologies will be deployed.
Revenues associated with TAMDAR
TAMDAR has been installed on over 300 aircraft for the purposes of collecting weather data. FLYHT supplies this weather data to Synoptic Data PBC as part of their participation in the National Mesonet program.
FLYHT is receiving revenues from Synoptic based upon this participation, which is correlated to the number and quality of the weather soundings provided. If these observations fall in number or if they are not perceived to have the original perceived value, then the existing payments for the TAMDAR data could be diminished or stop, depending upon a variety of factors including procurement changes from the United States Government.
FLYHT’s strategy to mitigate these potential problems and potentially grow the revenues derived from TAMDAR has been to invest in quality control programs to ensure that the sensors are properly calibrated and producing valid and valuable data, and to supplement this data whenever possible with AMDAR weather data.
The number of flights around the world have decreased during the COVID-19 pandemic, decreasing the amount of weather data being collected from those aircraft with TAMDAR sensors installed, which has been reflected in the Company’s revenues.
PWS paid FLY to acquire it. The question is whether FLY they can make any money from it. It's not an automatic dollar as payment is related to the quality and quantity of the data provided.