Calgary, Alberta – December 1, 2016 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) today announced it has been granted CAAC Part-145 approval by the Civil Aviation Administration of China (CAAC).
The approval took almost two years to achieve and now allows FLYHT to repair Automated Flight Information Reporting System (AFIRSTM) units and return them to customers in China with an AAC-038 release certificate. The AAC-038 is a maintenance release document that allows for AFIRS 228 installation on Chinese-registered aircraft under the CAAC Part-145 approval. Previously, FLYHT supplied new units for warranty exchange, so this approval will improve efficiency and convenience for Chinese customers by allowing units to be repaired and returned.
“FLYHT joins only four other companies in Canada with CAAC Part-145 approval,” remarked Vinay Parmar, Quality Assurance Manager at FLYHT. “The approval is an added benefit to airlines and our customers in China who value CAAC approval.”
FLYHT does not require maintenance approval for countries with whom Canada has bi-lateral agreements as they accept authorized release certificates issued in Canada. China is an important market for FLYHT and does not yet have a bi-lateral agreement with Canada that encompasses the release tags required so the ability to issue an AAC-038 release for repairs performed in Canada is beneficial.
This CAAC Part-145 approval is independent of the maintenance repair company contract in the Peoples Republic of China announced on November 28, 2016 and provides further service alternatives for our customers.
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 (AFIRSTM), 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 UpTimeTM 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 2.3 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.
FLYHT Aerospace Solutions Ltd.
Nola M. Heale, CPA, CA
Chief Financial Officer
The Howard Group Inc.
(888) or (403)-221-0915
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