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BA - FLYHT Aerospace Solutions Helping China Control Its Weather
The Boeing Company
Intro
FLYHT Aerospace Solutions (FLYLF) (FLY on TSX) is a Canadian company that offers software as a service ("SAAS") solutions for airlines and to a lesser degree to the military. Their products address the three major hurdles that airlines strive to overcome; legislation, weather, and maintenance.
The company is experiencing a huge opportunity in China and potentially can exploit similar conditions in other countries. After the company sells its hardware, it enjoys recurring revenue for the life of the plane. Planes typically stay in service for 30 years. That means 30 years of