About Us

Environmental, Social and Governance

FLYHT’s Commitment to ESG

We are committed to implementing the highest standards of Environmental, Social and Governance (ESG) throughout our operations.

FLYHT launched its ESG reporting section in the 2022 Annual Report and will continue to share updates as we progress toward our goals.

  • Strategic refocus to sell software first, then subsequent upsell of hardware solutions
  • Longevity of technology in the aviation industry means that once a technology has been accepted, it tends to remain for an extended period of time
  • Robust recurring revenue gross margins of 75-85%
  • Five-year customer contracts renew at expiry
  • FLYHT’s revenue comes from the sale and installation of product, followed by recurring monthly revenue for 30+ years the aircraft operates
  • Certified on 95% of all aircraft used for commercial air transport
  • FLYHT owns patents to AFIRS UpTime and its other technologies
  • FLYHT has over 90 Supplemental Type Certificates (“STC”) for different aircraft types. STCs are regulatory requirements to install AFIRS onboard an aircraft
  • Partnerships with Original Equipment Manufacturers to install AFIRS at the factory lead to larger industry acceptance and increased growth in installs and revenue.

Explore FLYHT's Commitments

Our products and solutions support the industry’s commitment to attain and measure net-zero 2050 in a number of key areas: increased operational efficiency and emissions reduction.

 

  • We are focused on helping our customers reduce their environmental impact by optimizing their use of aircraft and ground infrastructure for efficiency and safety. Our FuelSense and ClearPort software products provides support to make policy improvements and justify performance-based maintenance activities. With the addition of real-time notifications to frontline personnel, our customers can mitigate the negative impact of inefficiencies as situations develop.
  • As announced in March 2022, we showcased our partnership with Swoop Airlines to reduce emissions by eliminating non-essential Auxilary Power Unit (APU) usage. Our real-time APU monitoring and notification program allows an airline to reduce its APU run times by providing timely, targeted and actionable notifications, thereby reducing CO2 emissions and providing cost savings for the airline. This initiative is aligned with our goal of providing environmentally beneficial solutions that enhance the profit potential for an airline and that create a greener, safer world. The APU consumes approximately 250 lbs of fuel per hour under normal operation.
  • Internally, we have reduced paper usage 86% since 2017, diverted over 60 computers, four servers, and 100 monitors to be repurposed for those in need in the local community and rely on Amazon Web Services data centers, which operate with 65% renewable energy.

The development of a robust ESG policy is important to our employees. As FLYHT becomes more conscious of our contributions, a focus on ESG impacts our employees’ well-being and is an example of how we can operate as environmental and social citizens. Employees can apply the same principles in their personal lives. Employee participation was critical in forming the Company’s ESG direction and identifying key areas to focus on in each area of the business.

 

  • Our focus on product quality, continuous improvement, data security, and safety has been consistent and has been of the utmost importance to our success.
  • We prioritize a healthy work life balance by having flexible hours, encouraging a flexible hybrid workplace, providing paid time off for sickness and family responsibilities, providing opportunities and support to pursue training and professional development, and ensuring comprehensive health benefits. Policies that promote these areas include a career development and training policy, and a flexible workplace policy.
  • We have implemented a Security Management System (SecMS) to ensure that cyber, corporate, and product security protocols consistently fulfill all requirements mandated by government regulation and industry standards; are based on accurate assessment and effective mitigation of security risks; support the Company’s vision and mission, values, and core business objectives; and are conducted in the most efficient and cost-effective manner, considering the operational and business environment.
  • We are committed to providing a workplace that is diverse, inclusive, and welcoming.

FLYHT's Corporate Disclosure Policy assists in governance of the conduct of our directors, officers, spokespersons and employees as it relates to communications with the public. Multiple company policies form a code of conduct for our directors, officers, employees and consultants. FLYHT has a whistleblower policy and a comprehensive anti-corruption policy that ensures all relevant staff and consultants are aware and trained appropriately.

 

  • Strategic refocus to sell software first, then subsequent upsell of hardware solutions
  • Longevity of technology in the aviation industry means that once a technology has been accepted, it tends to remain for an extended period of time
  • Robust recurring revenue gross margins of 75-85%
  • Five-year customer contracts renew at expiry
  • FLYHT’s revenue comes from the sale and installation of product, followed by recurring monthly revenue for 30+ years the aircraft operates
  • Certified on 95% of all aircraft used for commercial air transport
  • FLYHT owns patents to AFIRS UpTime and its other technologies
  • FLYHT has over 90 Supplemental Type Certificates (“STC”) for different aircraft types. STCs are regulatory requirements to install AFIRS onboard an aircraft
  • Partnerships with Original Equipment Manufacturers to install AFIRS at the factory lead to larger industry acceptance and increased growth in installs and revenue.