Welcome to our dedicated page for Flyht Aerospace news (Ticker: FLYLF), a resource for investors and traders seeking the latest updates and insights on Flyht Aerospace stock.
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FLYHT Aerospace Solutions Ltd. (TSXV:FLY)(OTCQX:FLYLF) has announced a multi-year contract with Commercial Aircraft Corporation of China (COMAC) for the installation of AFIRS 228 on the C-919 aircraft, with an initial purchase order valued at $98,000. The C-919, a narrow-body jet designed to compete with Boeing 737 and Airbus A320, is in the final certification phase by the CAAC. COMAC has confirmed orders for 305 aircraft, marking a significant collaboration for FLYHT as it expands its presence in the Chinese aviation market.
FLYHT Aerospace Solutions Ltd. (OTCQX:FLYLF) has announced a new purchase order worth approximately US$1.5 million for Iridium modems from a long-standing OEM partner, reflecting a recovery in the aviation industry. This follows previous agreements detailed in prior press releases dating back to 2014. The order involves licensing FLYHT's technology for the Automated Flight Information Reporting System (AFIRS 228S), which will be delivered to a European airframer for three aircraft types.