FLYHT Aerospace Solutions has announced that an undisclosed airline in the People’s Republic of China. has selected data services provided by the Automated Flight Information Reporting System (AFIRSTM) on its fleet of CRJ-900 aircraft. This Chinese operator receives their new aircraft with AFIRS already installed from Bombardier as a line-fit option.
The aggregate data services revenue on the contract is valued at just over $1 million assuming FLYHT provides services over the full term of the five year agreement. The announced contract value is based upon the current in-service quantity of AFIRS-enabled Bombardier CRJ aircraft and an initial set of enabled data services provided by FLYHT’s cloud-based UpTime products. The airline may add more aircraft to its operations in the future and may request that FLYHT provide these services to the additional aircraft as they join the airline’s fleet, further increasing the value of the service contract. Additional UpTime products are available for the operator to add to the contract, which could also further increase the contract’s value.