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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

Post by PeterPiperon Dec 12, 2022 4:35pm
245 Views
Post# 35167062

From the IATA Newsletter

From the IATA NewsletterI have been getting the IATA Weekly News Digest for a little while, which contains some articles of interest. Here is something from the latest edition:
 

Chart of the Week: A Return to Industry Profitability in 2023

With an expected return to profitability in 2023, airlines will once again demonstrate their resilience, their capacity to manage significant shocks, and to recover swiftly from unprecedented adversity.

The airline industry is expected to show a profit of USD 4.6 billion on revenues of USD 779 billion in 2023 – representing an EBIT or operating margin of just 0.4% and a per passenger profit of just USD 1.1.

This would equate to the speediest recovery in the industry’s history, in relation to the depth of the downturn.

Learn more about the #WeeklyChart and a return to profitability in 2023.
 
If you click on one of the links above, you will see more information, including the chart.

You can sign up for the newsletter at their Linkedin page.

Piper
 

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