SOURCE: FLYHT Aerospace Solutions Ltd.

FLYHT Aerospace Solutions Ltd.

June 01, 2016 07:04 ET

FLYHT Aerospace Solutions Ltd. Appoints Two New Officers

CALGARY, AB--(Marketwired - June 01, 2016) - FLYHT Aerospace Solutions Ltd. (TSX VENTURE: FLY) (OTCQX: FLYLF) (the "Company" or "FLYHT") today announced the appointment of Matieu Plamondon, Vice President Operations and Customer Fulfillment and David Perez, Vice President Sales and Marketing as officers of the Company.

Matieu Plamondon, VP, Operations and Customer Fulfillment, joined the FLYHT team a year and a half ago. He has over 15 years' experience managing airline operations teams. He also has experience in the IT and software industry from leading the operations team of a software provider, supporting over 200 airlines worldwide. In his previous position as the Director of the Operational Control Centre at First Air, he was responsible for the implementation of FLYHT's system for satellite communication and tracking.

David Perez joined FLYHT in July 2015. With over 25 years of accomplishments in the aviation industry, he most recently served as Director of Travel and Transportation at Hewlett-Packard ("HP") where he leveraged his industry experience to secure many strategic aviation agreements. Prior to HP, David was with Electronic Data Systems where he assisted aviation clients in identifying cost saving opportunities. He also brings added experience from two industry leaders, Sabre and American Airlines.

Matieu and David join Thomas Schmutz, CEO; Nola Heale, CFO and Derek Graham, CTO; as executive officers of the Company.

"We recognize the contributions both gentlemen have made to FLYHT in a short period of time," remarked Thomas R. Schmutz, Chief Executive Officer of FLYHT. "Their continued leadership will help to advance FLYHT's goals in 2016 which include closing a new OEM opportunity, increasing revenues 30% over 2015, developing the cloud-based UpTime™ user interface, establishing a global 24x7 call center and a depot repair center in China."

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 (AFIRS™), 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 UpTime™ 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 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.

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Contact Information

  • Contact Information

    FLYHT Aerospace Solutions Ltd.
    Nola M. Heale, CPA, CA
    Chief Financial Officer
    403-291-7425
    nheale@flyht.com 

    Investor Relations

    The Howard Group Inc.
    Dave Burwell
    Vice President
    (888) or (403)-221-0915
    dave@howardgroupinc.com