FLYHT Reports Third Quarter Results
Revenues Continue to Grow - Up 41% vs. Q3 2012
(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 11/13/13 -- FLYHT Aerospace Solutions Ltd. (TSX VENTURE: FLY) (the "Company" or "FLYHT") a leading provider of real-time data communications technology for the aviation industry today reported financial results for its third quarter ended September 30, 2013.
"The FLYHT team continued the work of the previous quarters," stated Bill Tempany, President and Chief Executive Officer of FLYHT. "Revenue has continued to grow quarter over quarter while research and development costs are decreasing as predicted. Progress continues on the certification activities related to the AFIRS™ 228."
Third Quarter Highlights Include:
Nine Months Highlights Include:
For detailed information FLYHT's 2013 Third Quarter Report containing the President and CEO's Message, Management Discussion and Analysis and Financial Statements has been posted to the Company's website and can be accessed at . The MD&A and Financial Statements have also been sent to SEDAR and will be accessible at .
FLYHT will host a live conference call to discuss third quarter results on Thursday, November 14 at 2 pm MST (4 pm EST, 1 pm PST).
To access the conference call by phone within Canada and the U.S. the toll-free number is 1-800-319-4610. Outside Canada and the U.S., dial 1-604-638-5340. (Callers should dial in five to 10 minutes prior to the scheduled start time).
Management will accept questions by telephone and e-mail. Individuals wishing to ask a question during the call can do so by pressing star 1. Also questions can be forwarded in advance or during the conference call to .
An archive of the conference call will be posted on the Presentations and Webcasts section of FLYHT's website () as soon as it is available.
About FLYHT Aerospace Solutions Ltd.
FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT's triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real time. The Company has been publically traded on the TSX Venture Exchange since 2003.
AFIRS, UpTime, FLYHT, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
FLYHT Aerospace Solutions Ltd.
Thomas R. French, CGA
VP Finance and CFO
403-291-7427
The Howard Group Inc. - Investor Relations
Dave Burwell
Senior Associate
(888) or (403) 221-0915
Bristol Institutional Relations
Glen Akselrod
President
(905) 326-1888
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Datum: 13.11.2013 - 15:10 Uhr
Sprache: Deutsch
News-ID 1282927
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Aircraft
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