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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 uberliouson Mar 06, 2023 7:24am
190 Views
Post# 35320703

Air Asia

Air AsiaSome good news coming from Air Asia. They plan to have all of their 204 aircraft back in service this May, one full year ahead of schedule. Very positive for our weather business.

Struggling to activate a fully operational fleet

But with airlines gradually sorting out labor tenures and lesser restrictions worldwide as markets reopen, what other operational challenges could airlines still be trying to combat that would affect their efforts to increase capacity? Besides inflation and the never-ending issue of fuel prices, the primary answer lies in how airlines still struggle to get more aircraft back in the skies.

The disruption to the global supply chain has impacted aircraft manufacturers' ability to speed up production rates. At the same time, airlines suffer from maintenance issues as spares are harder to come by. Without new aircraft readily available and current aircraft experiencing technical problems, airlines have to outsource third-party agreements for wet leasing and maintenance, which incur higher expenses.

Fernandes highlights that AirAsia had been facing similar obstacles. However, the low-cost carrier will have its fleet of more than 200 aircraft back in service by this May, a year earlier than initially planned. He said:

"The main obstacle for us has been getting our planes back into active service, and bringing about 204 planes back is no easy feat. And what was initially predicated on being finished by May of next year, we'll be able to do by May of this year."

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