Wednesday, 10 June 2009

AeroMechanical Featured on

AeroMechanical Services Ltd. (TSX:V-AMA)
Basic Shares: 82.5 million
Fully Diluted:88 million

For those of you who are wondering why AeroMechanical’s volume is up and its share price has jumped 32.5% (as of 2:30pm today), we would like to draw your attention to an article written and distributed today by Monica Gutschi of Dow Jones Newswires. The piece titled Stars Aligning for AeroMechanical Svcs was picked up by The Wall Street Journal website, amongst others.

The article gives a compelling summary of the AFIRS technology, it compares it to its competitor and it also touches on the green benefits of the AeroMechanical technology – “AFIRS will not only report how much fuel remains on board, but also how much they could have saved if they operated the aircraft differently," Richard Hayden, president of AeroMechanical is quoted saying.

The article also contains an impressive testimonial from Rob Giguere, the president and chief executive of one of AMA’s clients and one of Canada’s largest airlines – Skyservice.
AFIRS has given Skyservice, “improved confidence in all of our operational systems, communications and flight-planning processes, resulting in increased fuel savings and consequent reductions in emissions,” Mr. Giguere said.

Stats on the Wall Street Journal online

Average monthly visitors – 33.4 million
Average daily volume – 2.4 million
Average age – 50
College graduate/postgraduate study/degree – 85%

To read the full article, please click here.