FLYHT Aerospace Solutions Ltd.
TSX Venture: FLY
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We stress that while there has not been an official announcement from Nigerian authorities, multiple November 14th press reports quoted Dr. Harold Demuren, Director-General of the Nigerian Civil Aviation Authority (NCAA) saying that the NCAA has given every domestic airline in the country a six-month deadline to install the AFIRS™ technology on every one of their aircraft OR face sanctions.
Also of extreme importance are reported comments from Marc Ballion, the International Safety Programme Director of Airbus. It was written that Mr. Ballion stated that from 2015, AFIRS™ (Automated Flight Information Reporting System) will automatically be installed on ALL Airbus aircraft.
The reports followed presentations in Lagos at the Airbus Industry Workshop Training for indigenous airline operators.
As is well known, FLYHT has a strong relationship with L-3 Communications and in turn, Airbus. FLYHT has stated that shortly it will receive projections from those companies on their requirements for AFIRS™ units, with installations to begin in the second half of 2013.
Based on the above information in combination with press reports on Mr. Ballion’s comments, it would suggest there will be a ramp-up in the number of AFIRS™ installations at the Airbus plant starting late next year until 2015 when the technology will become a factory install on all aircraft.
We stress that all of this information is from the myriad of press reports that have come out of Nigeria.
According to Wikipedia, there are approximately 15 domestic airlines currently operating in Nigeria. Please click on the below graphic for a list of airlines and associated number of aircraft operating in Nigeria. The list includes commercial, private and charter aircraft.
Airbus produces almost half of the world’s jet airliners and according to the company’s Summary Results of 2011, Airbus received 1608 aircraft orders last year alone, 534 of which were delivered.
Dr. Demuren was quoted, “It (AFIRS) is the latest in the world. We have been complaining that pilots don’t record snags in their logbooks but this automatically records everything. You can’t hide or change it. Everyone would have it, the airline and even the NCAA. We will know the problem and we would be able to fix it. If there is engine failure, it will record it; if there is excessive temperature, it will record it. If there is excessive vibration, it will record it.”
According to the News Agency of Nigeria, he also said that the new safety device (AFIRS™) would serve as a backup in the event of loss of data contained in the aircraft’s black boxes.
The Agency wrote, “The plan came on the heels of the loss of data contained in the black box of the Dana airplane that crashed in the Iju area of Lagos on June 3, 2012, killing 163 people. The data loss has adversely affected investigation into the cause of the dual engine failure experienced by the ill-fated Dana flight.”
(Please see HG blog of November 2nd; click here).
Dr. Demuren suggested the initial payment of $60,000 per aircraft is insignificant compared to the potential costs associated with an accident. Mr. Ballion of Airbus also spoke favorably of the Canadian-based AFIRS technology saying that with the installation of AFIRS, speculation arising from probable causes of an aircraft accident would essentially be over.
To view the news articles, please click on the links below.....