FLYHT Aerospace Solutions Ltd.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Captain Mary I. McMillan
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Address
- 1212 - 31 Avenue NE Calgary AB Canada T2E 7S8
- IPO Date
- May 31, 2006
- CIK
- 0001403749
- Website
- flyht.com
- Similar Companies
- Business
- FLYHT Aerospace Solutions Ltd. (TSX-V: FLY; OTCQX: FLYLF) develops and provides innovative data solutions and satellite communications technologies for the global airline industry, enabling actionable intelligence to enhance operational efficiency, safety, sustainability, and profitability. The company's core offerings include the Automated Flight Information Reporting System (AFIRS) family of products, such as AFIRS 228S and AFIRS EDGE with Wireless Quick Access Recorder (WQAR), which deliver real-time data connectivity via Iridium SATCOM and 5G, aircraft health monitoring systems (AHMS), emergency data streaming, flight following, out-off-on-in (OOOI) tracking, fuel and engine trending management, flight data recorder streaming, cockpit voice and text communications, IoT gateway functionality, and weather observation sensors like FLYHT-WVSS-II for contrail avoidance; complementary software solutions such as UpTime for fleet management, JetBridge apps for turn management and optimization, and electronic flight bag (EFB) interfaces; as well as services supporting over 100 airlines worldwide, including integrations with airframers like Airbus, Boeing, Bombardier Aerospace, and De Havilland. FLYHT targets commercial airlines, operators, and aftermarket service providers with its TSO-certified hardware and cloud-based analytics, serving customers such as WestJet, Air Canada, Frontier Airlines, Air China, Lufthansa, Wizz Air, and easyJet. Founded in 1998 and headquartered in Calgary, Alberta, Canada, with additional offices in Denver, Colorado, USA, and Frankfurt, Germany, the company operates as a wholly-owned subsidiary of Firan Technology Group Corporation (TSX: FTG) following the completion of its acquisition on December 20, 2024, in a transaction valued at approximately CAD$13.2 million involving cash and FTG shares. Recent developments include a November 2024 order from WestJet for AFIRS 228S installations on Boeing 737 MAX-10 aircraft and the strategic alignment with FTG to expand commercial aerospace aftermarket presence, ramp up sales of SATCOM products licensed for Airbus aircraft, and insource manufacturing.
FLYHT Aerospace Solutions (OTCMKTS:FLYLF) Trading Up 10.2% – Still a Buy?
FLYHT Announces Closing of Acquisition by Firan Technology Group Corporation
FLYHT Receives Final Order Approval for the Arrangement
FLYHT Announces Shareholder Approval of its Acquisition by Firan Technology Group Corporation
FLYHT Extends Software Services Agreement for Middle East Customer
FLYHT Sends Management Information Circular for Special Meeting of Shareholders
FLYHT Reports Third Quarter 2024 Results
FLYHT Strengthens Partnership with WestJet for AFIRS(TM) 228 Order on Boeing 737 MAX-10 Fleet
FLYHT Enters Into Definitive Agreement to be Acquired by Firan Technology Group
WestJet Partners with FLYHT and NOAA to Improve Weather Forecasting in North America
FLYHT Celebrates Successful Edge Integration with Air North
FLYHT Aerospace Solutions Ltd. (FLYLF) Q2 2024 Earnings Call Transcript
FLYHT Reports Second Quarter 2024 Results
FLYHT Announces Strategic Restructuring
FLYHT Announces CEO Changes
FLYHT and NOAA Expand Collaboration to Improve Weather Forecasting
FLYHT Schedules Second Quarter 2024 Conference Call
FLYHT's CrossConsense Secures Additional Contracts for Aircraft Data Migration
FLYHT Welcomes Lorne Sugarman to Board of Directors
FLYHT to Participate in Jefferies Virtual Aerospace ESG Summit