FLYHT Aerospace Solutions Ltd.
TSX VENTURE : FLY

FLYHT Aerospace Solutions Ltd.

November 06, 2013 07:03 ET

Chinese Partner Secures AFIRS Order for Seven Airlines

CALGARY, ALBERTA--(Marketwired - Nov. 6, 2013) - FLYHT Aerospace Solutions Ltd. (TSX VENTURE:FLY) ("FLYHT") reported today that its Chinese partner Skyblue Technology Development Co. Ltd. ("Skyblue") issued a press release dated November 5, 2013 updating its commitment with FLYHT.

Skyblue stated "We are pleased to announce today that we have received commitments from the first seven airlines we have been working on to install the FLYHT AFIRS solution over the next three years and they have placed orders with us for 218 units. Installation of these is anticipated to commence in first quarter 2014 and we plan to add other airlines to this list in the coming months."

To view the full text of the release you can following the following link http://www.marketwired.com/press-release/skyblue-announces-initial-significant-afirs-order-for-seven-airlines-in-china-1848808.htm.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT's triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real time.

AFIRS, UpTime, FLYHT, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • FLYHT Aerospace Solutions Ltd.
    Thomas R. French, CGA
    VP Finance and CFO
    403-291-7427
    tfrench@flyht.com
    www.flyht.com

    The Howard Group Inc.
    Dave Burwell
    Investor Relations
    Senior Associate
    (888) or (403)-221-0915

    Bristol Institutional Relations
    Glen Akselrod
    President
    (905) 326-1888