FLYHT signs Chinese customer for data services

FLYHT Aerospace Solutions Ltd. (TSX: FLY) (OTCQX: FLYLF) has launched real-time data services in the People´s Republic of China starting with an undisclosed airline that has selected data services provided by the automated flight information reporting system on its fleet of CRJ-900 aircraft, the company said.

This Chinese operator receives their new aircraft with AFIRS already installed from Bombardier as a line-fit option.

The aggregate data services revenue on this contract is initially valued at USD1,050,000 USD assuming FLYHT provides services over the full term of the five (5) year agreement.

AFIRS is contracted on over 100 aircraft in China with more units on order.

FLYHT Aerospace Solutions Ltd. is a provider of real-time aircraft intelligence and cockpit communications for the aerospace industry. More than 50 customers, including airlines, have installed the company´s systems in order to increase safety, improve operational efficiencies and enhance profitability.