CALGARY, AB–(Marketwired – May 18, 2016) –
FLYHT Aerospace Solutions Ltd.
(TSX VENTURE: FLY)
(OTCQX: FLYLF) (the “Company” or “FLYHT”) announced that supplemental type certificates (“STCs”) have been received for the Automated Flight Information Reporting System (“AFIRS™”) 228 on multiple aircraft types.
The approved aircraft types include the ATR 42-500 “600 version” and the ATR 72-212A “600 version” from the European Aviation Safety Agency (“EASA”), the Boeing B757-200 aircraft from the Federal Aviation Administration (“FAA”) and the Transport Canada Civil Aviation (“TCCA”) STC for the Bombardier DHC 8 -100, 200, 300 series aircraft.
The ATR STCs enable a long-time FLYHT customer to install the AFIRS 228 on their newly acquired ATR aircraft. Four of the aircraft will come online with AFIRS 228 within the month, contributing to a total of ten new aircraft that will enter into service by the end of 2016.
“We strategically pursue the receipt of STCs in order to meet customers’ needs and to create new opportunities for the sales team,” remarked FLYHT’s Chief Technical Officer Derek Graham. “The receipt of STCs allow for AFIRS installations which provide increased value to our customers in addition to revenues for the Company.”
FLYHT currently holds over 75 STCs, which allow for AFIRS installation on over 95% of commercial aircraft.
About FLYHT Aerospace Solutions Ltd.
FLYHT is a leading provider of real-time aircraft intelligence and cockpit communications for the aerospace industry. More than 50 customers, including airlines, leasing companies and original equipment manufacturers, have installed our systems in order to increase safety, improve operational efficiencies and enhance profitability. FLYHT’s proprietary technology, the Automated Flight Information Reporting System (AFIRS™), operates on multiple aircraft types and provides functions such as safety services voice and text messaging, data collection and transmission, and on-demand streaming of flight data recorder (black box), engine and airframe data. AFIRS sends this information through the Iridium Satellite Network to FLYHT’s UpTime™ ground-based server, which routes the data to customer-specified end points and provides an interface for real-time aircraft interaction. AFIRS has flown over 2 million aggregate flight hours and 1.5 million flights on customers’ aircraft. FLYHT holds supplemental type certificates (STC) which allow for the installation of AFIRS on 95% of transport category aircraft.
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Contact Information
FLYHT Aerospace Solutions Ltd.
Nola M. Heale, CPA, CA
Chief Financial Officer
403-291-7425
[email protected]
Investor Relations
The Howard Group Inc.
Dave Burwell
Vice President
(888) or (403)-221-0915
[email protected]
