FLYHT signs US 740K deal expansion with Azur Aviation

FLYHT signs US 740K deal expansion with Azur Aviation

Calgary, Alberta – January 14, 2019 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) is pleased to announce that existing customer Azur Havacilik A.S (Azur Aviation), based in Antalya, Turkey has selected FLYHT to add additional capabilities to meet Future Air Navigation System (FANS) regulatory requirements. This represents an expansion of the ongoing relationship between FLYHT and Azur Aviation (previously announced October 17, 2017), with this additional Automated Flight Information Reporting System (AFIRS) hardware contract that is valued at US$740,000, expected to be delivered this year.

The latest FANS technology will enable Azur Aviation to fly the most efficient oceanic routes to save both time and fuel, thus improving their global operations. “FLYHT continues to provide advanced solutions to Azur, enabling our mixed fleet to reduce costs relating to long-range communication through innovative product design. Moreover, FLYHT is not solely an equipment provider such as their competitors. FLYHT also has the capability to generate the installation engineering package, which makes this co-operation so strong” said Salih Dinç, Azur’s Engineering Manager.

“We are excited about deepening our relationship with Azur Aviation, fostering a value-added partnership” said Jeff Rex, FLYHT’s Vice President, Sales and Marketing. Mr. Rex added “In keeping with our strategic plans, the Middle East continues to represent a region where we feel FLYHT can grow”.

FLYHT’s customers who already have AFIRS installed can easily add a FANS solution utilizing an existing antenna, without the requirement of an additional antenna hull penetration.

 

About FLYHT Aerospace Solutions Ltd.

FLYHT’s mission is to improve aviation safety, efficiency and profitability. Globally, for over 20 years, airlines, leasing companies, fractional owners and original equipment manufacturers have installed FLYHT’s aircraft and enterprise-based solutions to deliver real-time, flight-deck, satellite connectivity for tracking, health monitoring, and streaming of operational, maintenance and weather data. FLYHT is based in Calgary, Canada with an office in Littleton, Colorado 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
aforbes@flyht.com

Adelaide Capital Markets Inc.
Deborah Honig
Investor Relations
647-203-8793
deborah@adelaidecapital.ca

Join us on social media!

www.facebook.com flyht
www.twitter.com flyhtcorp
www.slideshare.net flyhtcorp
www.youtube.com/flyhtcorp
www.flyht.com

Apply

Filter News Release By Year

Featured News

FLYHT to Present at the LD Micro Main Event (XII)
LOS ANGELES, CA / ACCESSWIRE / December 2, 2019 / FLYHT Aerospace Solutions Ltd. (TSX-V: FLY)...
FLYHT Reports Third Quarter 2019 Results
Calgary, Alberta – November 26, 2019 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX:...
FLYHT Aerospace Solutions Ltd. Announces Closing of the Final Tranche of its Private Placement
Calgary, Alberta (November 25, 2019) – FLYHT Aerospace Solutions Ltd., (TSX-V: FLY) (the...
FLYHT Aerospace Solutions Ltd. Schedules Third Quarter Conference Call
Calgary, Alberta – November 21, 2019 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX:...
FLYHT Aerospace Solutions Ltd. Announces Closing of the First Tranche of its Private Placement for Proceeds of $5,990,500
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION...

Total Customer Flights

As of November 30, 2019

Flight hours with AFIRS onboard

As of November 30, 2019

FLY.V on TSX.V

 Updated: 2019-12-06 - 15:59:55 Symbol: FLY.V 
Open: $1.31
Volume: 24070
Last: $1.40
Day Hi: $1.4
Change: $+0.08
Day Low: $1.31

FLYLF on OTC QX

 Updated: 2019-12-06 - 16:00:00 Symbol: FLYLF 
Open: $1.01
Volume: 17200
Last: $1.06
Day Hi: $1.06
Change: $+0.05
Day Low: $1.01