ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

FLYHT Celebrates Successful Edge Integration with Air North

CALGARY, AB / ACCESSWIRE / September 18, 2024 / FLYHT Aerospace Solutions Ltd. ("FLYHT" or the "Company") (TSXV:FLY)(OTCQX:FLYLF) today announced the successful integration of the Company's industry leading 5G AFIRS EdgeTM solution with Air North, Yukon's Airline into their Boeing 737 NG operations bringing efficiencies such as automated post-flight data download for their flight safety program, Aircraft Interface Device (AID) functionality to connect the pilots to key aircraft data, and power over Ethernet to charge iPads to enhance cockpit crew operation. FLYHT's AFIRS 228 Iridium SatCom will power Air North's real-time access to FLYHTHealth™, FLYHTLog™, aircraft tracking, and voice services, while the Edge provides reports on aircraft system health and flight data downloads.

Per the agreement signed in October 2023, Air North has agreed to purchase FLYHT's innovative hardware and software services as part of the Yukon airline's fleet renewal plans. In June 2024, Air North was the STC partner on Boeing 737 NG aircraft for the AFIRS Edge.

"The commencement of Edge 5G data transfer operations at Air North validates the technology that we have pioneered with the flange version of the Edge," commented Derek Taylor, Vice President of Strategic Opportunities of FLYHT. "Air North has been our trusted STC partner, and we are excited to provide them with wireless access to their aircraft data."

Joe Sparling, Air North's President and CEO, said, "The next generation technology provided by the Edge allows us to meet our goals to improve connectivity and realize greater operational efficiencies. We look forward to installing the solution on additional aircraft as we modernize our B737 Classic fleet."

Find out more here about the AFIRS Edge, the world's first 5G wireless quick access recorder (WQAR) and aircraft interface device (AID): https://flyht.com/airborne-hardware/afirs-edge/.

About Air North, Yukon's Airline

Based out of Whitehorse, Yukon, Canada, Air North operates a fleet of Boeing 737 jets and ATR 42 turboprops on routes throughout Yukon and to the Northwest Territories, British Columbia, Alberta, and seasonally to Ontario. The airline was founded in 1977 and is 49% owned by the Vuntut Gwitchin First Nation, with one in 15 Yukoners having an equity or employment stake in the airline. In 2020, Air North received the Travellers' Choice Award for Best Airline in Canada and Best Airline (Specialty and Leisure) in North America based upon passenger reviews.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides airlines with Actionable Intelligence to transform operational insight into immediate, quantifiable action, and delivers industry leading solutions to improve aviation safety, efficiency, and profitability. This unique capability is driven by a suite of patented aircraft certified hardware products, AFIRS™. Solutions include an aircraft satcom/interface device that enables cockpit voice communications, transmission of aircraft data both while inflight via satellite and post-flight via 5G, real-time aircraft state and fleet status analysis, and preventative maintenance solutions. FLYHT's hardware products can also be interfaced with FLYHT's proprietary relative humidity sensors to deliver airborne weather and humidity data in real-time.

FLYHT is headquartered in Calgary, Canada, and is an AS9100 Quality registered company. For more information, visit www.flyht.com.

Contact Information:

FLYHT Aerospace Solutions Ltd.
Alana Forbes
Chief Financial Officer
403.291.7437
investors@flyht.com

FNK IR LLC
Matt Chesler, CFA
Investor Relations
646.809.2183
mchesler@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.

SOURCE: FLYHT Aerospace Solutions Ltd.



View the original press release on accesswire.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.