FLYHT Aerospace Solutions Ltd. (TSX VENTURE: FLY) (OTCQX: FLYLF) (the "Company" or "FLYHT") today announced a contract with Guangzhou Aircraft Maintenance Engineering Company Limited (GAMECO) to provide repair services to FLYHT's customers in the People's Republic of China (China). GAMECO specializes in aircraft and airborne component maintenance, repair and overhaul (MRO).
Pursuant to the contract, GAMECO will operate a repair depot located in Guangzhou to service the Automated Flight Information Reporting System (AFIRS™) units purchased by FLYHT's customers in the region. The contract appoints GAMECO as the sole service centre in China for FLYHT supplied and serviced products.
"With the growth of the market for AFIRS in China, we wanted to introduce maintenance support in the region to provide service alternatives for our customers," remarked FLYHT's VP, Operations and Customer Fulfillment Matieu Plamondon. "FLYHT's business in China has grown significantly in the last few months. We currently have a total of 19 customers and continue exploring new relationships with other interested parties in the region."
Contracting for repair depot services in China was an important milestone in the 2016 "FLYHT Plan", the Company's annual goals.
"GAMECO is very excited about entering this partnership with FLYHT Aerospace Solutions. We are committed to delivering excellent service on FLYHT's products. Together, we want to benefit customers, offering them an easy support solution right here in the region. This is an important step for us in our future development," stated GAMECO's Manager of the component business centre, Jin Yao Ming. "Nowadays, GAMECO is putting more focus on developing markets abroad."
Source: FLYHT Aerospace Solutions Ltd.
Date: Nov 28, 2016