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Last C$0.22 CAD
Change Today +0.005 / 2.33%
Volume 104.5K
FLY On Other Exchanges
As of 3:58 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

flyht aerospace solutions lt (FLY) Snapshot

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09/16/14 - C$0.56
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flyht aerospace solutions lt (FLY) Details

FLYHT Aerospace Solutions Ltd. designs, develops, and services real-time data communication solutions for the commercial, business, and military aircraft operators worldwide. The company’s solutions enable communication between pilots and ground support. It offers AFIRS UpTime, an automated flight information reporting system (AFIRS) installed on aircraft that monitors functions from the aircraft and the black box, and provides voice and text messaging capabilities that enable pilots to communicate with ground support; and FLYHTStream, a technology that performs real-time triggered alerting and black-box data streaming in the event of an abnormal situation on the aircraft. The company also offers FLYHT fuel management system, a report-generation tool and an interactive application that generates alerts and providing the user with the ability to identify trends; FLYHTSafe, which provides real-time operational safety alerts from AFIRS; and FLYHTFollow, an application that integrates real-time flight following, routine aircraft notifications, and aircraft health exceedance alerts, as well as sends text messages to the aircraft. In addition, it provides The Dragon, a portable satellite communications device, which allows real-time voice and data communications enabled by the Iridium satellite network connected through the cockpit and the pilot’s headset; and underfloor stowage unit that offers the flight crew with additional stowage space in the cockpit. The company was formerly known as AeroMechanical Services Ltd. and changed its name to FLYHT Aerospace Solutions Ltd. in May 2012. FLYHT Aerospace Solutions Ltd. was founded in 1998 and is headquartered in Calgary, Canada.

Founded in 1998

flyht aerospace solutions lt (FLY) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: C$192.0K
Total Annual Compensation: C$188.5K
Chief Financial Officer and Vice President o...
Total Annual Compensation: C$53.3K
Chief Technical Officer
Total Annual Compensation: C$150.0K
Vice President of Certification Engineering &...
Total Annual Compensation: C$132.0K
Compensation as of Fiscal Year 2014.

flyht aerospace solutions lt (FLY) Key Developments

FLYHT Aerospace Solutions Ltd. Names Mr. David Perez as Vice President Sales and Marketing

FLYHT Aerospace Solutions Ltd. announced Mr. David Perez has joined the company as vice president sales and marketing effective July 20, 2015. Mr. Perez has over 25-years of accomplishments in the aviation industry. Most recently he served as Director of Travel and Transportation at Hewlett-Packard. Prior to HP, David was with EDS where he assisted aviation clients in identifying cost saving opportunities.

Middle Eastern Military Organization Extends Contract with FLYHT Aerospace Solutions Ltd. for the Automated Flight Information Reporting System

FLYHT Aerospace Solutions Ltd. reported that its customer of seven years, a Middle Eastern Military Organization, has extended its contract for the Automated Flight Information Reporting System. The contract extension is for voice and data services on 23 C-130 Hercules Aircraft with the AFIRS 228 installed. AFIRS provides timely and direct information about aircraft location and systems with the ability for operators to communicate with the crew at all times. The customer will continue to benefit from all AFIRS features and data services including automated Out, Off, On and In times, flight following, quick access recorder flight data, communication, navigation, surveillance systems compliance, global voice and EFB-enabled data communications over the Iridium satellite network. Additionally, the customer will have access to new applications as they become available. FLYHT will provide services to the customer over an eleven-month contract with an option to extend to May 31, 2017. If both parties meet the contract terms, the gross revenue to FLYHT during the first term will be approximately $430,000, excluding optional services and the extension.

FLYHT Aerospace Solutions Ltd. Appoints Ascend Aero to Promote and Sell its Products

FLYHT Aerospace Solutions Ltd. announced it has appointed Ascend Aero to promote and sell its products. Ascend's talented sales team is dispersed worldwide for maximum reach into the aviation marketplace. With over eleven representatives on five continents, the successful team has 254 years of combined experience and has closed over $2 billion in combined sales. Ascend will assist in developing and delivering a diverse strategic marketing plan for FLYHT that includes sales representation, presentation development and delivery, contract negotiation, marketing collateral, competitive surveillance and tradeshow management. The initial contract is for 12 months.


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