Monday, 24 March 2014

FLYHT In The News – Garners Global Attention

FLY: TSX.V

This morning FLYHT issued a news release acknowledging the unprecedented requests by the media for interviews about FLYHT and its AFIRS(TM) technology.

The FLYHT team has done an effective job, communicating that real-time satellite communication does exist for aircraft. In fact, it not only exists but it is affordable (about $100,000 installed) and currently active on over 350 aircraft around the world. 

As so much attention has been focused on the emergency feature of AFIRs, a number of key facts have been missed in relation to the cost saving benefits that the technology provides. Independent verification notes that the annual savings per aircraft equate to the initial capital cost. As stated in a FLYHT presentation:

  • Customer evaluations show savings of $100,000 per plane per year.
  • Airlines save money with better and more timely information.
  • Reduce turn-around time.
  • Reduce fuel consumption.
  • Have the right people in the right place at the right time.
  • Reduce repair costs by having better information to make decisions.

Another interesting point is that AFIRS is independent of those systems such as the transponder that can be turned off from the cockpit. AFIRS will continue to work as long as the aircraft is able to fly and there is power. If there is no power, the system does have a back-up battery.

To view an up to date archive of media coverage, please click here. 

To view today's news release, please click here.


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