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Author: tim443 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 63935  
Subject: Important steps for FLY.v Date: 10/30/2012 10:48 AM
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Having the OEM install the AFIRS hardware reduces the cost for the company and the customer who doesn't want to take the aircraft out of service to have it retrofit.

Commercial passenger airplanes are a slow moving industry when it comes to change but this may actually allow this little fellow to finally break in.

Confession: I've traded it for years and currently have a position.


Tim


http://finance.yahoo.com/news/flyht-commences-line-installat...

FLYHT Commences Line Installation on Bombardier CRJ900
Press Release: FLYHT Aerospace Solutions Ltd. – 3 hours ago

CALGARY, ALBERTA--(Marketwire - Oct. 30, 2012) - FLYHT Aerospace Solutions Ltd. (FLY.V) (the "Company" or "FLYHT") is pleased to report that the first factory installation on a CRJ900 has been completed by Bombardier Aerospace for delivery to China Express Airlines.

...

"Bombardier Aerospace Management in Mirabel took a decision this summer to install AFIRS Supplemental Type Certificate ("STC") on our production line in lieu of moving the aircraft to a third party to perform the installation," ...

"We are very pleased to have factory fit from a second OEM this year and are proud that we can provide the products and service that are rightfully demanded by an aircraft manufacturer to meet their customers' requirements," stated Matt Bradley, VP Business Development of FLYHT. "We are working hard to expand the list of manufacturers from the current list of three that see AFIRS as a part of their overall delivery to customers."

FLYHT has agreements in place with Hawker Beechcraft Corporation to fit AFIRS 228 on the fielded 987 product line, and L-3 Aviation Recorders to provide an Iridium Satellite Communication solution as an option on the Airbus A320 line in 2013. ...
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