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FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”), a leader in providing real-time insights and actions to improve global aviation operations and profitability, today announced a multi-year contract with U.S. charter operator Waltzing Matilda Aviation for its new scheduled air carrier branded, Connect Airlines.
Under the terms of the five-year agreement, FLYHT will install AFIRS and Actionable Intelligence (“AI”) services on Connect Airlines’ entire fleet of DHC-8-Q400 turboprop aircraft. FLYHT’s Actionable Intelligence solution includes voice and text communications, engine and airframe exceedances, situational display as well as automatic movement messages in the initial installation. Future AI services are expected to include fuel management, turn and airport apron operations, integrated flight plan and emissions tracking, as well as features currently under development with other AI launch customers. The initial installs will commence within 45 days and will be part of the certification of the new airline brand. The contract is expected to generate revenue of approximately USD $1.0 million to FLYHT, provided that all services are delivered over the 5-year term of the agreement.
Bill Tempany, CEO of FLYHT, said, “We are excited to begin a new relationship with Waltzing Matilda for their new brand, Connect Airlines. As a provider of critical infrastructure for communications and operational insights for Connect Airlines, we are committed to providing the products and services needed to support their launch and subsequent business growth for years to come. It is also great to be part of the unfolding recovery of aviation in North America.”
David Marcontell, COO of Connect Airlines, said, “After an exhaustive review of alternatives, we chose FLYHT because it provided our flight crew and operations team the technology, data, and analytics to operate a highly efficient and reliable airline, right out of the box. We look forward to a long and mutually beneficial relationship with FLYHT as we connect our guests to family, friends and colleagues with the highest standards of air transportation service and reliability.”
Connect Airlines, a new airline commencing operations in October 2021, will offer convenient service ideal for the day-tripping US business traveler direct into Toronto’s downtown Billy Bishop airport.
This press release was prepared and distributed by Flyht Aerospace Solutions.