FLYHT Partners with SITA

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CALGARY, AB / ACCESSWIRE / February 2, 2022 / FLYHT Aerospace Solutions Ltd. (TSXV:FLY)(OTCQX:FLYLF) (the "Company" or "FLYHT") today announced that it has signed a reseller agreement with SITA for its AIRCOM® Cockpit Services, initially focusing on developing the market for Iridium Certus. This relationship will benefit both parties by aligning sales endeavors and enables FLYHT to provide additional inflight satellite internet connectivity to AFIRS Edge customers.

SITA, the leading IT provider to the air transport industry, last year integrated the Iridium Certus® satellite communication service into its AIRCOM® Cockpit Services portfolio, which provides critical communications for aircraft operations and Air Navigation Service Provider customers globally, and supports more than 18,000 aircraft in their daily operations. Iridium Certus enables a dedicated native IP connection to the cockpit with global coverage and increased security via authentication and virtual private networking.

Bill Tempany, CEO stated, "FLYHT is pleased to extend our relationship with SITA and looks forward to closer collaboration as our Actionable Intelligence tools roll out to integrate our capabilities with SITA's many offerings to their customers. FLYHT is developing tools for our customers to reduce turn times, increase fuel efficiency and reduce emissions, and partners like SITA will help accelerate that growth."

Sebastien Fabre, CEO SITA FOR AIRCRAFT commented: "We see FLYHT as a strong partner for furthering the reach of our services to smaller, regional airlines. The company's AFIRS Edge is a state-of-the art solution that gives aviation customers real-time access to the latest satellite and cellular connectivity. We look forward to further developing this relationship."

About FLYHT Aerospace Solutions Ltd.

FLYHT provides airlines with actionable Intelligence to transform operational insight into immediate, quantifiable action, delivering industry leading solutions to improve aviation safety, efficiency, and profitability. This unique capability is driven by FLYHT's patented aircraft certified hardware products including AFIRS™, a satcom aircraft interface device which enables real-time streaming of flight information, cockpit voice and black box data streaming, AFIRS Edge, a state-of-the-art 5G WQAR and satellite data communications device, and TAMDAR™ and the FLYHT-WVSS-II™, which deliver airborne weather and humidity data in real-time. FLYHT is headquartered in Calgary, Canada with an office in Littleton, Colorado, and is an AS9100 Quality registered company. For more information, view our presentation here, or visit www.flyht.com.

About SITA

SITA is the air transport industry's IT provider, delivering solutions for airlines, airports, aircraft and governments. Our technology powers more seamless, safe and sustainable air travel.

With around 2,500 customers, SITA's solutions drive operational efficiencies at more than 1,000 airports while delivering the promise of the connected aircraft to customers of 18,000 aircraft globally. SITA also provides technology solutions that help more than 70 governments strike the balance of secure borders and seamless travel. Our communications network connects every corner of the globe and bridges 60% of the air transport community's data exchange.

SITA is a certified CarbonNeutral® company in accordance with The CarbonNeutral Protocol - the leading global standard for carbon neutral programs. We are reducing our greenhouse gas emissions for all our operations through our UN recognized Planet+ program, while also developing solutions to help the aviation industry meet its carbon reduction objectives, including reduced fuel burn and greater operational efficiencies at the airport.

SITA is 100% owned by the industry and driven by its needs. It is one of the most internationally diverse companies, providing services in over 200 countries and territories.

For further information, go to www.sita.aero.

Cautionary Note Regarding Forward-Looking Statements

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance, or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are founded on the basis of expectations, assumptions and hypotheses made by the Company. Such forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include but are not limited to global economic and industry conditions. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

Contact Information:

FLYHT Aerospace Solutions Ltd. FNK IR LLC
Alana Forbes Matt Chesler, CFA
Chief Financial Officer Investor Relations
403.291.7437 646.809.2183
[email protected] [email protected]
[email protected]

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.

SOURCE: FLYHT Aerospace Solutions Ltd.



View source version on accesswire.com:
https://www.accesswire.com/686414/FLYHT-Partners-with-SITA

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