Q3 results expected, anticipating sales initiative updatesWe should be seeing a news release soon about the Q3 2023 financial reporting.
November 8th might be too early, with the 15th more likely.
Per tipranks.com...
| Nov __ , 2023 | 2023 (Q3) |
| Aug 17, 2023 | 2023 (Q2) |
| May 10, 2023 | 2023 (Q1) |
| Apr 13, 2023 | 2022 (Q4) |
| Nov 09, 2022 | 2022 (Q3) |
| Aug 10, 2022 | 2022 (Q2) |
| May 03, 2022 | 2022 (Q1) |
| Apr 07, 2022 | 2021 (Q4) |
| Nov 05, 2021 | 2021 (Q3) |
| Aug 04, 2021 | 2021 (Q2) |
Reporting has been about a week later than what we are used to since the acquisition of CrossConsense.
Off the cuff, these are the sales initiatives I am interested in hearing about...
Roland Berger - news release dated September 28, 2023, with FLYHT subsidiary CrossConsense contracted to "manage an aircraft data migration project for one of its airline clients, a large flag carrier in Europe", what else is in the offing with this "
leading management consultancy with a deep European heritage and strong international footprint"?
The Edge - FLYHT needs the full STCs to really commence sales, to be able to deliver and install product. Flair Airlines did order the product, though, as announced in June. And the news releases about U.K. Met and NOAA state that the Edge and Certus SatCOM (Iridium) will be provided with the WVSS-II sensor.
WVSS-II sensor - purchased by U.K. Met and NOAA, progress in delivery and commencement of related SaaS services; progress with Canada and three other significant meteorological offices expected to buy in. (Canada may have the Tamdar sensor now.) Per slide 6 in the recent investor presentation, $750 million over 20 years at 20% market share (optimistically thought to be higher than this by interim CEO KJ).
https://flyht.com/wp-content/uploads/2023/09/September-2023.pdf -- What is the current backlog, and what is the sales pipeline estimated to be? What are clients and potential customers asking for?
-- Teledyne WQAR upgrades, to FLYHT's 5G replacement offering.
-- MBS collaboration, using the Edge for 5G data uploading.
-- SITA partnership, did FLYHT get any benefit from having partnered?
-- Frontier Airlines contract, progress report.
-- Comac, OEM installations on the C919 and the ARJ21.
-- WestJet, which is in the process of taking AFIRS SatCOM fleet-wide, are they interested in the Edge? And what of their acquisitions Swoop and Sunwing - one would expect that both will also receive AFIRS SatCOM also. And Swoop has already been working with FLYHT on an initiative involving APUs, will this also spread through WestJet fleet-wide?
Selected FLYHT news releases...
Oct 4, 2023 FLYHT and Canada Jetlines Partner to Improve Operational Efficiencies
Canada Jetlines Orders Hardware and Software and Agrees to Serve as STC partner for the AFIRS EdgeTM on Airbus A320 Aircraft Calgary, Alberta – October ...
Read More + Sep 28, 2023 FLYHT’s CrossConsense to Collaborate on Aircraft Data Migration for European Flag Carrier
CrossConsense to provide data migration to AMOS Calgary, Alberta – September 28, 2023 – FLYHT Aerospace Solutions Ltd. (“FLYHT”) (TSX-V: FLY) (OTCQX: FLYLF), today announced ...
Read More + Sep 12, 2023 FLYHT and NOAA Collaborate to Improve Weather Forecasting
NOAA Signs Multi-year Agreement with FLYHT to Expand its Observational Network with FLYHT’s Aircraft-based Weather Technology, Providing Critical Real-Time Humidity Data. Calgary, Alberta – ...
Read More + Aug 30, 2023 New Met Office partnership with FLYHT and Loganair to improve forecasts of high impact weather
Calgary, Alberta – August 30, 2023 – A collaboration between the Met Office, FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) and Loganair, aims to ...
Read More + Jun 26, 2023 Flair Airlines and FLYHT Partner for Fuel Efficiency and Greenhouse Gas Emissions-related Hardware and Services
Flair Orders AFIRS Edge Hardware and SaaS Services for its Entire Fleet of Boeing 737-8 MAX Aircraft CALGARY, ALBERTA – June 25, 2023. Today, Flair ...
Read More + May 3, 2022 FLYHT Aerospace Solutions and MBS Electronic Systems Partner to Prototype Secure Wireless Avionics Software
FLYHT and MBS prototype developed for secure wireless avionics software vault and onboard data loading solution to enable customers to fully comply with new security ...
Read More + Mar 16, 2022 FLYHT and Swoop Partner to Reduce Emissions
Receives Support from Alberta Innovates for Environmental Leading Initiative Calgary, Alberta – March 16, 2022 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the ...
Read More + Feb 2, 2022 FLYHT Partners with SITA
Calgary, Alberta – February 2, 2022 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) today announced that it has signed ...
Read More + Dec 7, 2021 Frontier Airlines Signs Agreement with FLYHT
Calgary, Alberta and Denver, Colorado – December 7, 2021 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) today announced an ...
Read More + Oct 28, 2021 FLYHT to be Factory Installed on COMAC’s C-919
Calgary, Alberta – October 28, 2021 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”), a provider of industry leading solutions ...
Read More +