FLYHT and Major Chinese Cargo Operator Contract for Addition
Stay informed with our
free newsletters

Jun 30, 2021

FLYHT and Major Chinese Cargo Operator Contract for Additional Installations of AFIRS

One of China's largest cargo carriers continues to invest in FLYHT's communication solutions for their expanding fleet

FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) announced today that they have signed an agreement with an existing customer to equip up to an additional 15 aircraft per year over the next five years with the AFIRS™ solution, to meet the demands of the airline’s growing business.

Bill Tempany, CEO of FLYHT, stated, “We are thrilled that this customer is growing the number of AFIRS-equipped aircraft in use, in our family of Chinese customers who now number over 25 airlines. Their operations fit well with the products and services we sell to our clients who respond to the ever increasing demands of cargo operations, while keeping close contact with the crews and operations departments to ensure maximum utilization of their fleets. We are very pleased to continue our growth in China and around the globe.”

The agreement is expected to generate revenue of approximately USD $3.6 million to FLYHT, provided all deliverables are shipped over the five-year term of the agreement. In tandem with the agreement signing, FLYHT received a purchase order from this cargo operator for the first four aircraft under this agreement.

Commercial Aircraft Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2030F

Commercial Aircraft Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2030F

Segmented By Aircraft Type (Narrow-Body Aircraft, Wide-body Aircraft, Regional Aircraft), By Engine Type (Turbofan, Turboprop), By Application (Passenger Aircraft, Freight Aircraft), By End Use (Government, Private) and By Region

Download free sample pages

FLYHT Aerospace Solutions Ltd.
View original News release

AIRCRAFT Supplier Summit 2023

AIRCRAFT Supplier Summit 2023

Leipzig, Germany
Nov 7 - 8, 2023

View agenda
Global MilSatCom 2023

Global MilSatCom 2023

London, United Kingdom
Nov 6 - 8, 2023

View agenda