FLYHT Partners
with SITA
Calgary, Alberta,
CANADA - February 2, 2022 - InvestorsHub NewsWire - FLYHT
Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the "Company" or "FLYHT") today
announced that it has signed a reseller agreement with
SITA
for its AIRCOM®
Cockpit Services, initially
focusing on developing the market for Iridium Certus. This
relationship will benefit both parties by aligning sales endeavors
and enables FLYHT to provide additional inflight satellite internet
connectivity to AFIRS Edge customers.
SITA, the leading IT provider to
the air transport industry, last year integrated
the Iridium
Certus® satellite
communication service into its AIRCOM®
Cockpit
Services portfolio,
which provides critical communications for aircraft operations and
Air Navigation Service Provider customers globally, and supports
more than 18,000 aircraft in their daily operations. Iridium Certus
enables a dedicated native IP connection to the cockpit with global
coverage and increased security via authentication and virtual
private networking.
Bill Tempany, CEO stated, "FLYHT is pleased to
extend our relationship with SITA and looks forward to closer
collaboration as our Actionable Intelligence tools roll out to
integrate our capabilities with SITA's many offerings to their
customers. FLYHT is developing tools for our customers to reduce
turn times, increase fuel efficiency and reduce emissions, and
partners like SITA will help accelerate that growth."
Sebastien Fabre, CEO SITA FOR
AIRCRAFT commented, "We see FLYHT as a strong partner for
furthering the reach of our services to smaller, regional airlines.
The company's AFIRS Edge is a state-of-the art solution that gives
aviation customers real-time access to the latest satellite and
cellular connectivity. We look forward to further developing this
relationship."
About FLYHT
Aerospace Solutions Ltd.
FLYHT provides airlines with
actionable Intelligence to transform operational insight into immediate,
quantifiable action, delivering industry leading solutions to
improve aviation safety, efficiency, and profitability. This unique
capability is driven by FLYHT's patented aircraft certified
hardware products including AFIRS™, a satcom aircraft interface
device which enables real-time streaming of flight information,
cockpit voice and black box data streaming, AFIRS Edge, a
state-of-the-art 5G WQAR and satellite data communications device,
and TAMDAR™ and the FLYHT-WVSS-II™, which deliver airborne weather and humidity
data in real-time. FLYHT is headquartered in Calgary, Canada with
an office in Littleton, Colorado, and is an AS9100 Quality
registered company. For more information, view our
presentation here,
or visit www.flyht.com.
About SITA
SITA is the air transport industry's IT
provider, delivering solutions for airlines, airports, aircraft and
governments. Our technology powers more seamless, safe and
sustainable air travel.
With around 2,500 customers, SITA's solutions
drive operational efficiencies at more than 1,000 airports while
delivering the promise of the connected aircraft to customers of
18,000 aircraft globally. SITA also provides technology solutions
that help more than 70 governments strike the balance of secure
borders and seamless travel. Our communications network connects
every corner of the globe and bridges 60% of the air transport
community's data exchange.
SITA is a certified CarbonNeutral® company in
accordance with The CarbonNeutral Protocol – the leading global
standard for carbon neutral programs. We are reducing our
greenhouse gas emissions for all our operations through our UN
recognized Planet+ program, while also developing solutions to help
the aviation industry meet its carbon reduction objectives,
including reduced fuel burn and greater operational efficiencies at
the airport.
SITA is 100% owned by the industry and driven
by its needs. It is one of the most internationally diverse
companies, providing services in over 200 countries and
territories.
For further information, go
to www.sita.aero.
Cautionary Note
Regarding Forward-Looking Statements
Except for
statements of historical fact, this news release contains certain
"forward-looking information" within the meaning of applicable
securities law. Forward-looking information is frequently
characterized by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate" and other similar
words, or statements that certain events or conditions "may" or
"will" occur. Although we believe that the expectations reflected
in the forward-looking information are reasonable, there can be no
assurance that such expectations will prove to be correct. We
cannot guarantee future results, performance, or achievements.
Consequently, there is no representation that the actual results
achieved will be the same, in whole or in part, as those set out in
the forward-looking information.
Forward-looking
information is based on the opinions and estimates of management at
the date the statements are made and are founded on the basis of
expectations, assumptions and hypotheses made by the Company. Such
forward-looking information is subject to a variety of risks and
uncertainties and other factors that could cause actual events or
results to differ materially from those anticipated in the
forward-looking information. Some of the risks and other factors
that could cause the results to differ materially from those
expressed in the forward-looking information include but are not
limited to global economic and industry conditions. Readers are
cautioned that this list of risk factors should not be construed as
exhaustive.
The
forward-looking information contained in this news release is
expressly qualified by this cautionary statement. We undertake no
duty to update any of the forward-looking information to conform
such information to actual results or to changes in our
expectations except as otherwise required by applicable securities
legislation. Readers are cautioned not to place undue reliance on
forward-looking information.
Contact
Information:
FLYHT Aerospace
Solutions Ltd. FNK IR LLC
Alana Forbes Matt Chesler, CFA
Chief Financial
Officer Investor Relations
403.291.7437 646.809.2183
aforbes@flyht.com flyht@fnkir.com
investors@flyht.com
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.
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