Flyht Aerospace Solutions Ltd (QX) (FLYLF) 시세

FLYLF: effective Dec. 31,2024 Firan Technology acquired all of the issued and outstanding common shares of Flyht by way of a plan of arrangement. Flyht shareholders were able to elect to receive, for each common share of Flyht held: (i) 11.03 cents in cash and 0.0333 Firan Technology share; (ii) 33.79 cents in cash; or (iii) 0.0495 Firan Technology share, in each case subject to proration in accordance with the Arrangement.

https://otce.finra.org/otce/dailyList?viewType=Deletions

CEO Bill Tempany’s Final Interview

In his final interview, CEO Bill Tempany discusses FLYHT’s 20-year journey which helped create an exciting new product offering.

https://www.alphawolftrading.com/blog/posts/alpha-wolf-trading-exclusive-with-ceo-bill-tempany-flyht-aerospace-solutions-ltd-stock-symbol-flylf

R.I.P. Bill Tempany 12.20.2022

FLYHT update from Patrick Turgeon at Rally-Co


https://www.rally-co.ca/post/fly-v-upward

The JumpSeat Podcast # 8

Captain Mary McMillan, FLYHT Board Member, former United Airlines Captain and Independent Safety Advisor for the Board of Airservices Australia shares her involvement with the industry’s transition into RNAV. She provides her insight on the importance for the industry as a whole to have a way of collecting the right information that can be actionable.

Listen to the episode here, https://flyht.com/podcasts/

FLYHT's Presentation at Emerging Growth Conference

CEO Bill Tempany presents at the Emerging Growth Conference on November 30, 2022.

FLYHT Aerospace Solutions: Top 10 Undervalued Aerospace & Defense Industry Stocks

FLYHT Aerospace Solutions is now ranked among the top 10 undervalued stocks in the Aerospace & Defense industry on the TSX Venture Exchange, as reported by The Globe and Mail.
https://www.theglobeandmail.com/investing/markets/stocks/FLY-X/pressreleases/10906223/flyht-aerospace-solutions-top-10-undervalued-aerospace-defense-industry-stocks-fly/

Q&A with FLYHT’s William Cecil

Aerospace Tech REVIEW AUTUMN issue is published. Don't miss the Q&A with FLYHT’s William Cecil on page 54. https://lnkd.in/dfum5HmQ

The JumpSeat Podcast # 7

Matthew Vaughan, Director of Aviation Security & Cyber for International Air Transport Association (IATA) comments on the nature of cyber resiliency and how it is important for the industry to develop cyber resiliency before wrongdoers realize the vulnerability.

Listen to the episode here, https://flyht.com/podcasts/

FLYHT has a sharp new investor deck on its website.

Click here for FLYHT's October 2022 deck

FLYHT Announces Upcoming Investor Conferences

FLYHT's October Investor Conference Schedule

October 6 - OTC Markets Small Cap Conference
October 12 - Windy City Roundup 2022 Conference

https://flyht.com/investors/news-and-media/view/flyht-announces-upcoming-investor-conferences-2/

IATA Partner Newsletter: Physical to digital – the new horizon of aviation security.
FLYHT's Director of Security, Jeff Viens, talks about how airlines can effectively align physical and digital security controls in the protection of their customers, people, aircraft, data, and systems. The most effective way to do this is through the implementation of an enterprise-wide Security Management System (SeMS).

Read the full article on International Air Transport Association (IATA)'s website: https://www.iata.org/en/about/sp/newsletter/flyht-physical-to-digital-the-new-horizon-of-aviation-security/

The Wall Street Analyzer interview with Bill Tempany

Listen to Juan Costello, Senior Analyst at The Wall Street Analyzer interview with Bill Tempany, CEO at FLYHT.

Listen to the interview here, https://wallstreetanalyzer.com/2022/09/07/flyht-aerospace-solutions-tsxv-flyotc-flylf-2/

The JumpSeat podcast # 6

Listen to industry veteran Don Wilson's story and extensive experience with ILS and the aircraft parts market, as well as his insights on the industry. Having the capabilities to extract actionable intelligence from data key for efficient MRO and operations.

Listen to the episode here, https://flyht.com/podcasts/

Listen to the new FLY episode of the JumpSeat with guest Dave Marcontell, COO at Waltzing Matilda Aviation LLC. Hear WMA's strategy to navigate the post-pandemic landscape and take the initiative in creating a carbon-neutral future.

Listen to the episode here, https://flyht.com/podcasts/

Dave shares WMA's new operations under Connect Airlines at Billy Bishop Airport in downtown Toronto with connections to multiple Northeast and Midwest cities. WMA is taking the initiative to be at the forefront of carbon neutrality by partnering with Universal Hydrogen.

FLYHT has an active June investor conference schedule:
June 8 - LD Micro
June 11 - Emerging Equities VIP Event at the RBC Canadian Open

FLY

Leave No Data Behind: FLYHT CEO Bill Tempany's Interviewed by Wall Street Analyzer.

https://wallstreetanalyzer.com/2022/04/28/flyht-aerospace-solutions-tsxv-flyotc-flylf/

CEO Interview: Bill Tempany

Bill talks to SNN's Robert Kraft ahead of FLYHT's presentation at the Planet Microcap Showcase in Las Vegas next week.

Watch interview here:

FLYHT at Planet Microcap Showcase 2022
DATE: Wednesday, May 4, 2022
TIME: 3:30 PM PT (4:30 PM MT)
LINK: https://www.webcaster4.com/Webcast/Page/2862/45088

FLYHT's Jumpseat Podcast #3

FLYHT's Chris Glass talks with Ryan Pepper about how to save on your bottom line with FLYHT's ready-to-use software.

https://flyht.com/podcast/3-save-your-bottom-line-how-a-ready-to-use-software-can-help-save-millions-of-dollars/

FLYHT Aerospace Solutions (TSX-V: FLY | OTCQX: FLYLF) is poised to take off in 2022. FLYHT bolsteed the balance sheet with a capital raise cash and cleared all non government debt, bought a product line (WVSS-II) that will generate revenue and great long term SaaS paid for by government agencies, bought a position in Europe with new software (CrossConsense), staff, skills to bolster its market place as well as invested significantly in product refresh in the Edge, Actionable Intelligence, training and partnerships with flagship companies AWS and SITA. FLYHT has an incredible platform to build 2022 and beyond.

That was time well spent to listen. Really cool what they're doing.

FLYHT's Jump Seat Podcast - FLYHT's Chris Glass talks with Coral Jet's Wes Gardner about the works of starting up a brand new airline in Bermuda. Podcasts I FLYHT

What's going on here with FLYLF? It seems the old CEO is asking for over a half million for being replaced lol. Wish I could get that much for being fired lol.

News: $FLYLF FLYHT and ATP CaseBank Partner to Produce Enhanced Aircraft Reliability Application

CALGARY, Alberta, July 17, 2019 (GLOBE NEWSWIRE) -- FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) today is pleased to announce a new partner relationship. FLYHT, an industry leader in capturing, processing, and transmi...

Read the whole news FLYHT and ATP CaseBank Partner to Produce Enhanced Aircraft Reliability Application

News: $FLYLF FLYHT Provides Second Quarter 2019 Update

CALGARY, Alberta, July 03, 2019 (GLOBE NEWSWIRE) -- FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) today announced preliminary second quarter 2019 highlights and updates. Second Quarter 2019 Highlights Secured an a...

Find out more FLYHT Provides Second Quarter 2019 Update

FLYLF one for 10 reverse split:

http://otce.finra.org/DLSymbolNameChanges

http://finance.yahoo.com/news/flyht-signs-usd-1-9-110400923.html

$NEWS Did anyone see the CNN coverage of this company a couple days ago? Regarding the MH370 disappearance.

FLYHT Receives Boeing 767-200/300 Certification From the Federal Aviation Administration
CALGARY, ALBERTA--(Marketwired - Dec. 9, 2014)

CALGARY, ALBERTA--(Marketwired - Dec. 9, 2014) - FLYHT Aerospace Solutions Ltd. ("FLYHT" or the "Company") (TSX VENTURE:FLY)(OTCQX:FLYLF) reported today it has received a Supplemental Type Certificate ("STC") for its Automated Flight Information Reporting System ("AFIRS™") 228 on the Boeing 767 - 200/300 series aircraft from the Federal Aviation Administration ("FAA") in the United States.

This certification will allow FLYHT customers to install AFIRS 228 on their 767 aircraft, including one new customer announced in a press release on November 13, 2014.

"FLYHT is pleased to add the AFIRS 228 STC for this popular aircraft type to the options available to our current and potential customers," stated Matt Bradley, President of FLYHT.

A STC constitutes regulatory approval to modify an aircraft's design while retaining airworthiness certification and is necessary to permit retrofit installation of aeronautical products such as AFIRS. A full list of FLYHT's STCs is available on the company's website.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT's triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT's latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.

AFIRS, UpTime, the Dragon, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

From NTSB forum

An archived webcast with the recording of the event is available on the NTSB website, http://stream.capitolconnection.org/capcon/ntsb/ntsb.htm. The discussion of technology occurs during Panel 3 and Richard's presentation starts at minute 317.

FLYHT Stands Out at International Flight Data Technology Forum
CALGARY, ALBERTA--(Marketwired - Oct. 9, 2014) - FLYHT Aerospace Solutions Ltd. (TSX VENTURE:FLY)(OTCQX:FLYLF) (the "Company" or "FLYHT") presented its Automated Flight Information Reporting System ("AFIRS™") and FLYHTStream™ technologies at the National Transportation Safety Board's ("NTSB") public Emerging Flight Data & Locator Technology Forum in Washington, DC, on October 7th to the NTSB acting Chairman Chris Hart.
FLYHT's Director of Strategic Programs, Richard Hayden, was among a select group of representatives from industry, government and international organizations who discussed the merits and challenges of implementing and deploying innovative flight data recovery and aircraft locator technologies. The stated objective of the NTSB was fact-finding in advance of a possible recommendation for a regulation to require improved tracking and data transmission capabilities on transport aircraft. The meeting was motivated by the AF447 and MH370 tragedies that demonstrated the inadequacies of existing technology.
"FLYHT is pursuing every opportunity to offer its expertise and participate in the industry discussion on the future of aircraft tracking, real-time data streaming and communications," stated FLYHT President, Matt Bradley. "We have an internationally-recognized data streaming technology that is available to the industry now and are committed to advocating for its full implementation."
Regulatory panelists at the conference included senior representatives from the Federal Aviation Administration ("FAA"), The European Aviation Safety Agency ("EASA"), and the International Civil Aviation Organization ("ICAO"). Other invitees included representatives from Airbus, Boeing, L-3 Communications Corporation, Honeywell, Inmarsat, DRS Technologies Canada Ltd., American Airlines and the Air Line Pilots Association ("ALPA").
Richard Hayden's comments post presentation, "This forum represents a significant step forward in the complex process of global adoption of enhanced capabilities for aircraft tracking and data transmission. FLYHT's inclusion on the Technology Panel as the only current provider of a fielded solution is an honor and an important opportunity to explain the benefits and readiness of our technology. We were able to explain that although operators buy AFIRS to realize everyday operational benefits, the FLYHTStream mode is a latent capability of AFIRS that also provides the three key functions required during an emergency--automated alerting, enhanced position reporting, and triggered transmission of essential flight data. We have already been invited to be part of the international working groups that will map out recommendations for implementation."
An archived webcast with the recording of the event is available on the NTSB website, http://stream.capitolconnection.org/capcon/ntsb/ntsb.htm. The discussion of technology occurs during Panel 3 and Richard's presentation starts at minute 317.
About FLYHT Aerospace Solutions Ltd.
FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT's triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT's latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.
AFIRS, UpTime, the Dragon, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.
Join us on social media!
www.facebook.com/flyht
www.twitter.com/flyhtcorp
www.slideshare.net/flyhtcorp
www.youtube.com/flyhtcorp
www.flyht.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Time for this to go into dollar land!!!

Aerospace Heavyweights Join Black Box Solutions Company
August 27th, 2014 by tech
Barry Eccleston and John Belcher Joins FLYHT Aerospace Solutions techdispatch.jpg
By Technology Dispatch

Senior Executives typically move laterally into board positions: Susan Decker, Black Rock Founder recently joined Apple’s board (AAPL-NASDAQ); Alan Mulally, former CEO of Ford (F-NYSE), joined the board at Google (GOOG-NASDAQ), and Susan Decker, former President of Yahoo (YHOO-NASDQ) joined Costco’s board (COST-NASDAQ).
So when Barry Eccleston, President of Airbus Americas, and John Belcher, former CEO of ARINC, joined the board of FLYHT Aerospace Solutions (FLY-TSX.V, FLYLF:OTCQX)) on August 19, 2014, it was big news. The Airbus Group (AIR-PA) has a market cap of around $46 billion. ARINC is a multi-billion dollar enterprise recently purchased by Rockwell Collins, FLY has a market cap of $59 million.
The former CEO of Rolls-Royce Canada and International Aero Engines, Eccleston currently oversees all efforts of Airbus in North America. He has a deep knowledge of the technological trends in the aviation industry. His involvement with FLY during the debates on an alternative to conventional “black box” technology – can be nothing but positive for FLY and the Industry. ARINC is the predominant player in the ACARS data transmission world and the knowledge and contacts both of these players bring to FLY’s board will shape the future of the company.
FLY’s FLYHTStream™ is an emergency data streaming mode that can be manually activated by the flight crew, ground support or automatically triggered by predefined emergency parameters. Real Time Data Streaming is expected to replace all black boxes in the next 10 years.
“The aviation industry needs to embrace beneficial new technologies and I believe that FLYHT’s Automated Flight Information Reporting System (“AFIRS”) and related products are at the forefront of this movement,” stated Eccleston, “I have been impressed with FLYHT’s technology since I first saw it and I am convinced that AFIRS will help all facets of aviation by improving performance, enhancing efficiency and allowing an already extremely safe industry, to become even safer.”
As well as FLYHTStream™ FLY has developed AFIRSUpTime which allows aircraft operators to manage and monitor aircraft operations anywhere, anytime, in real time, and FLYHT Fuel Management System – a powerful interactive tool to achieve cost savings through identification of fuel consumption trends.
“FLYHT is entering a growth phase,” stated FLY CEO Bill Tempany, “We have worked for years to develop technologies to help the aviation industry improve its financial performance and – with the guidance of our new board members – we hope to increase the adoption rate of our technologies.
td1” Mr. Eccleston, a private pilot, holds a bachelor’s degree in aeronautical engineering from Loughborough University.
There are about 5,000 planes in the air at any given time. That number is expected to double by 2030. The Civil Aviation Administration of China (CAAC) has recently stated that 50% of Chinese commercial transport aircraft must be equipped with Real Time Satellite Communications systems by 2015 – and 100% by the end of 2017. The Chinese who are still better at duplicating than innovating – are not expect to develop a competing technology.
This disappearance of Malaysia Airlines flight MH370 over the South China Sea, along with 239 people – has intensified calls for better black box technology.
Although numerous “Phone-finder” apps exist that can track your cell phone reliably within 10 feet – five months after the plane disappeared, the combined brain-trust of the international aviation community has been unable to locate a 545,000 pound metal object.
The answers to the surviving family members’ questions are sitting inside the MH370's Flight Data Recorder (FDR). There is an underwater locator beacon installed on the FDR that will ping for about 25 days. But its range is only two miles. The South China Sea is 1.4 million square miles. FLYHT’s AFIRS technology would’ve given an instantaneous mechanical report on the condition of the aircraft, and its location.
The synergies between The Airbus Group and FLYHT are plain to see. AiRTHM, Airbus’ Real-Time Health Monitoring provides real-time troubleshooting. By using ACARS (Aircraft Communication Addressing and Reporting System), Airbus is able to analyze the system data from a remote location but the system does not have the full functionality of AFIRS which is certified for Airbus’s A320 aircraft. AFIRS allows authorized users to query data on the aircraft to refine the issues and create problem resolution recommendations while the aircraft is still enroute.
On July 15, 2014 – FLY announced that its partner L-3 Aviation Recorders received Airbus’ formal notification of certification for the L-3 Automated Flight Information Reporting System (“AFIRS”) 228S for the Airbus A320 family of aircraft.
L-3 and Airbus announced final certification of the solution during the Farnborough Air Show in July of 2014. Airbus manufactures about 50 planes a month.
Airbus production has increased for 12 consecutive years. It 2013 it delivered 626 aircraft, breaking the previous record of 588 in 2012.
A strict regulatory environment creates a barrier to entry for aviation technology. FLYHT holds patents or patent-pending on all its products. Installation of aftermarket electronic devices on aircraft must be authorized by government aviation regulators with a Supplemental Type Certificate (STC). FLYHT currently holds 40 approved STCs and another 13 are pending or in progress.
“I joined the board to help FLYHT continue to drive utilization of its industry leading technologies,” stated Eccleston, “and to give back to an industry that has been good to me throughout my career.”
FLY is currently trading at .35 with a market cap of $59.4 million.

http://www.technologydispatch.com/aerospace-heavyweights-join-black-box-solutions-company

Barry Eccleston Appointed to the Board of Directors of FLYHT Aerospace Solutions Ltd.

CALGARY, ALBERTA--(Marketwired - Aug. 20, 2014) -

FLYHT Aerospace Solutions Ltd. (TSX VENTURE:FLY) (OTCQX:FLYLF) (the "Company" or "FLYHT") is very pleased to announce that the board of directors of FLYHT have appointed Mr. Barry Eccleston as a director of the Company, effective August 19, 2014. Mr. Eccleston is President of Airbus Americas, Inc.

Mr. Eccleston currently oversees all efforts of Airbus in North America. He joined Airbus from Honeywell where he served as Vice President in different departments and global regions with responsibility for the $1.4 billion business aviation, turboprop, regional fan and military engine businesses. Prior to that, he held increasingly senior positions with Rolls-Royce for 29-years, culminating as President and CEO Rolls-Royce Canada and President and CEO of International Aero Engines, in which Rolls-Royce was a major shareholder.

Bill Tempany, CEO stated, "We are very excited to have a person of Barry's caliber join our Board at this important time in FLYHT's evolution. The Company is entering a growth phase, and we are confident his contribution will be significant to our success in the coming years. We have worked for years to develop technologies to help the aviation industry improve its financial performance and - with the guidance of our new board members - we hope to increase the adoption rate of our technologies."

Mr Eccleston commented, "The aviation industry needs to embrace beneficial new technologies and I believe that FLYHT's Automated Flight Information Reporting System ("AFIRS") and related products are at the forefront of this movement. I have been impressed with FLYHT's technology since I first saw it and I am convinced that AFIRS will help all facets of aviation by improving performance, enhancing efficiency and allowing an already extremely safe industry, to become even safer. I joined the board to help FLYHT continue to drive utilization of its industry leading technologies and to give back to an industry that has been good to me throughout my career."

Mr. Eccleston holds a bachelor's degree in aeronautical engineering from Loughborough University and completed the International Executive program at the Institute of Management Development, Switzerland.

Barry is a private pilot, he has served as Chairman of the Washington, D.C. branch of the RAeS, and is a past member of the Flight Safety Foundation Board of Governors. He is currently President of The Wings Club, and was a member of NBAA's Associate Member Advisory Council, and IS a member of the British-American Business Association Board of Directors.

As part of his appointment to FLYHT's board of directors Mr. Eccleston will be granted incentive stock options of the Corporation for a total of 75,000 common shares of the Corporation at a price of $0.40 per share for a period of three years, under the formal stock option plan approved at the Annual General Meeting held in June 2014, subject to regulatory approval. A maximum of 10% of the issued shares are reserved for issuance for the Corporation's Stock Option Policy. The options vest immediately and are subject to a four month hold period.

This director appointment is made subject to the final approval of the TSX Venture Exchange.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT's triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT's latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.

AFIRS, UpTime, the Dragon, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

Join us on social media!

www.facebook.com/flyht

www.twitter.com/flyhtcorp

www.slideshare.net/flyhtcorp

www.youtube.com/flyhtcorp

www.flyht.com

FLYHT Receives Re-Issued Hawker Beechcraft STC from the Federal Aviation Administration

CALGARY, ALBERTA, Jul 21, 2014 (Marketwired via COMTEX) -- FLYHT Aerospace Solutions Ltd. ("FLYHT" or the "Company") (tsx venture:FLY) (otcqx:FLYLF) reported today it has received a re-issued Supplemental Type Certificate ("STC") for the Hawker Beechcraft 700/800/900 model aircraft from the Federal Aviation Administration ("FAA"). The STC has been re-issued to add the Automated Flight Information Reporting System ("AFIRS(TM)") 228 to this existing STC.

"We continue to expand and develop the AFIRS 228 STCs to reach popular aircraft types in operation by several of our existing customers as well as prospective customers," said Matt Bradley, President of FLYHT.

A STC constitutes regulatory approval to modify an aircraft's design while retaining airworthiness certification and is necessary to permit retrofit installation of aeronautical products such as AFIRS. A full list of FLYHT's STCs is available on the company's website.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS(TM) UpTime(TM), allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT's triggered data streaming mode, FLYHTStream(TM), automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT's latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.

AFIRS, UpTime, the Dragon, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

African Airline Selects FLYHT's Real-Time Flight Data Monitoring System for Increased Safety and Efficiency
http://tinyurl.com/obq2u49
CALGARY, ALBERTA--(Marketwired - July 17, 2014) - FLYHT Aerospace Solutions Ltd. (TSX VENTURE:FLY)(OTCQX:FLYLF) (the "Company" or "FLYHT") reported today that it has signed a contract with the national carrier of an African airline for the sale and delivery of the Automated Flight Information Reporting System ("AFIRS™") for its fleet of eleven planes. The AFIRS 220 will be installed on three B737-500 aircraft, while the AFIRS 228 will provide solutions for DHC-8-Q400, B737-700 and ERJ190 aircraft.

The 34-year-strong airline has selected AFIRS to maintain its key operating principles of quality, security, safety and the environment. AFIRS will provide real-time flight data monitoring and the airline will benefit from features including automated Out, Off, On and In times, airframe and engine exceedances, flight tracking, automated engine data collection for real-time trending, fuel management and satellite voice communications.

The airline will also use FLYHT's leading technology; with FLYHTLink for iPad connectivity in the cockpit and FLYHTStream to enable real-time data streaming in the event of an abnormal situation.

"The Customer is clearly committed to running a safe and profitable airline and by installing the AFIRS technology they have increased awareness of their operations, helping them make more informed, key decisions in real time if necessary," stated Matt Bradley, President of FLYHT.

FLYHT will provide equipment and services to the airline over a five-year contract with automatic yearly renewals after the initial term. The Company has the necessary Supplemental Type Certificates for the Q400 and B737s, though needs to secure an STC for the ERJ190 which is anticipated to take up to three months. Installations are anticipated to begin in the third quarter.

If FLYHT completes installation on all eleven contracted aircraft and provides recurring service for the full term of the agreement, gross revenue to FLYHT will be approximately $1,485,550 USD, excluding optional services.

FLYHT's Partner L-3 Aviation Recorders Announces Airbus Certification for AFIRS 228S
http://tinyurl.com/py8ndbp

Now it is down .0059 cents and 1.7% with a volume of 6500, so back to normal. I like their product, but don't like how low the trading volume is lately, especially with news being released recently. What is your take on the following recent press release:

"FLYHT Aerospace Solutions Ltd. ("FLYHT") (TSX-VENTURE:FLY)(OTCQX:FLYLF) is pleased to announce it has granted incentive stock options for an aggregate 2,495,750 common shares, subject to regulatory approval, to employees, officers and directors under the stock option plan approved at the Annual and Special meeting on June 24, 2014.

The stock options are exercisable at a price of $0.40 per share which is approximately 8% above the current trading price on the TSX Venture Exchange. They also feature immediate vesting and expire on December 31, 2017. A maximum of 10% of the issued and outstanding shares are reserved under the Company's stock option plan. The options, and any common shares issued upon exercise of the stock options are subject to a four-month resale restriction."

Maybe a fat-fingered trade from some newbie, or put in a market order and MM took advantage.

My Scottrade account is showing FLYLF up today 0.29 cents, up 84% on a volume of 500. How is that possible?

AMSLF changed to FLYLF:

http://www.otcbb.com/asp/dailylist_detail.asp?d=06/18/2014&mkt_ctg=NON-OTCBB

Yeah I was looking to jump back in, then came across that Inmarsat article. Would also like to hear from someone more familiar with the technology to know to what degree this impacts FLYHT.

Hi,

I'm in for the long run.
wanted to reach out to see what your opinion is on that:

http://www.inmarsat.com/news/inmarsat-provide-free-global-airline-tracking-service

imho this undermines one of the core features and usp of flyht 's product and service.

hope you guys can prove me wrong with your arguments

regards

Conference Call Scheduled For May 14th!

A good read.. 103% upside according to Clarus Securities

http://www.cantechletter.com/2014/04/theres-103-upside-flyht-aerospace-says-clarus-analyst-ofir/

How does or DOES A.F.I.R.S. shoehorn into FAA's NextGen Aircraft Tracking System: ADS-B?

http://www.faa.gov/news/press_releases/news_story.cfm?newsId=16135

Hey Floyd, Have you checked out the FAA's NextGen Aircraft Tracking System? ADS-B "Aircrafts will be required to have equipment that continually broadcast their position" sounds like a job for A.F.I.R.S!!!

First Air Leads the Industry with the Adoption of Automatically Triggered Data Streaming

http://flyht.com/first-air-leads-the-industry-with-the-adoption-of-automatically-triggered-data-streaming/

That's about 20 planes...

Matt Bradley, President of FLYHT said, “FLYHT is proud to work with a team as passionate and committed to safety as First Air. It is exceptional to see an airline be proactive to act immediately in the interest of safety instead of waiting for a regulation. We are pleased our patent pending FLYHTStream technology will be enabled on the airline’s entire fleet.

https://www.firstair.ca/wp/wp-content/uploads/2010/07/Aircraft-spec-sheet_JAN2013.pdf

FLYHT Reports 2013 Year End Results

Bill Tempany, CEO stated: “2013 was a year of milestones for FLYHT during which we grew year over year revenues by 23.7% to over $8.0M. New contract wins, new customers, new certifications and more trials positioned FLYHT for considerable growth in the years to come.”

“As we geared up to service the Chinese install in Q4, our expenses increased in order to deal with associated documentation and marketing costs. Furthermore in Q4, there were associated expenses for releasing our new product, the DragonTM.”

“Our progress and anticipated ramp-up in our business did not go unnoticed by our supportive and loyal shareholders, many of whom participated in exercising warrants in order to assist FLYHT with the need for growth capital. We took in over $6.1M during Q4 and at year end had a cash position of $5.2M, which is more than sufficient to meet our financial needs for planned growth in 2014 and beyond.”

http://flyht.com/flyht-reports-2013-year-end-results/#more-4055