- Flyht Aerospace Solutions (TSXV:FLY) has received a C$2.35 million purchase order from Azur Havacilik A.S.
- The order is made up of two separate agreements for the company’s FlyhtHealth and FlyhtMail software
- As an existing customer, Azur’s order builds on previous ones from 2017 and 2019
- Each with a five-year term, the agreements will service Azur’s fleet of Boeing aircrafts
- Shares in Flyht are currently down 1.89 per cent to $1.56, with a market cap of $33.15 million
FLYHT Aerospace Solutions (TSXV:FLY) has received a C$2.35 million purchase order from Azur Havacilik A.S.
The order includes two separate agreements for the company’s FlyhtHealth and FLYHTMail software platforms.
Based in Turkey, Azur is an existing customer with orders dating back to 2017 and 2019.
FLYHTHealth will facilitate the addition of engine trending data, including take-off and stable cruising reports.
The software will provide real-time engine and airframe exceedance reporting.
In addition, Flyht will also provide a customized ‘Fuel Uplift’ report, designed to track and report on fuel uplifted specifically for maintenance and ground engine runs.
FlyhtMail, on the other hand, will offer a two-way text messaging platform on all multi-function control and display units on Azur’s B737NG and B777 planes.
“These FLYHT services will allow Azur to increase safety, capture real-time data for better decision making and drive operational efficiencies through data automation within internal and external organizations,” Flyht’s, Director of Sales, Derek Taylor said.
The service agreements will have a five-year term, and apply to Azur’s range of Boeing aircrafts.
“Azur has found exceptional value in Flyht’s equipment and services,” Azur’s Engineering Manager, Salih Dinc, said.
“We believe these services will save our operation significant money and provide increased real-time awareness of how our aircraft are operated,” he said.
The contract comes off the back of another one earlier this month for $3.23 million.
Shares in FLYHT are currently down 1.89 per cent to $1.56, with a market value of $33.15 million.