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Calgary, Alberta, Canada and Bermuda – May 31, 2022 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) and Coral Jet, a startup airline that will service the Caribbean, United States and Canada, today announced that Coral Jet has placed an initial order to become the launch customer for the AFIRS Edge™. The Edge will be added to Coral Jet’s existing AFIRS™ satcom products, as previously announced on January 11, 2022.

The AFIRS Edge is an aircraft interface device (“AID”), pushing aircraft data to EFB applications, providing airlines with Wireless Quick Access (WQAR) capabilities, all while serving as a gateway on the aircraft for critical real-time information and onboard data storage. With powerful onboard analytics capabilities, the Edge leverages innovative technology to allow complex analytics to be developed and deployed more efficiently than conventional updates. The Edge also serves as a data port for the Actionable Intelligence services such as fuel management, aircraft health monitoring and real-time engine data reporting. These tools will help airlines recover from the pandemic while monitoring and reducing fuel burn and thereby greenhouse gas emissions.

FLYHT’s development of the Edge as well as its suite of Actionable Intelligence tools was developed with repayable funding support from PrairiesCan through its Western Innovation Initiative.

Kent Jacobs, President of FLYHT stated, “We are very excited to have a launch customer for the Edge product line and plan to complete the STC process for the A319/320/321 and the B737NG this year. Our AFIRS Edge is a light weight, powerful avionics product that provides airlines with a wireless QAR (Quick Access Recorder), AID functions, and ACMS capabilities that will help airlines improve their operational efficiency. Completing these two STCs this year will allow us to meet the demand we are seeing in the marketplace. We see this as a significant step forward in the rollout of this product.”

Wes Gardner, Director of Flight Operations of Coral Jet said, “FLYHT products have always been ahead of their time, and we see the Edge product line solving most of our data and pilot communication needs. We look forward to the new products being developed for the Edge to help us run an efficient and environmentally friendly airline.”

This contract is valued at approximately $100,000 USD over the five-year contract term, with potential for increase as Coral Jet’s fleet grows.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides airlines with Actionable Intelligence to transform operational insight into immediate, quantifiable action, and delivers industry leading solutions to improve aviation safety, efficiency, and profitability. This unique capability is driven by a suite of patented aircraft certified hardware products. These include AFIRS™, an aircraft satcom/interface device, which enables cockpit voice communications, real-time aircraft state analysis, and the transmission of aircraft data while inflight. The AFIRS Edge is a state-of-the-art 5G Wireless Quick Access Recorder (WQAR), Aircraft Interface Device (AID), and Aircraft Condition and Monitoring System (ACMS). The Edge can be interfaced with FLYHT’s TAMDAR probe or the FLYHT-WVSS-II relative humidity sensor to deliver airborne weather and humidity data in real-time.

CrossConsense, FLYHT’s wholly owned subsidiary, offers highly skilled services to the commercial aviation industry and provides preventative maintenance solutions. These include Aircraft Fleet View, a native application that gives a real-time view of airline fleet status; AviationDW, a managed data warehouse for enhanced business intelligence; and ACSIS, a visualization and predictive maintenance alerting tool.

FLYHT is headquartered in Calgary, Canada, and is an AS9100 Quality registered company. CrossConsense, located in Frankfurt, Germany, is an ISO9001 certified operation. For more information, visit www.flyht.com.

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. In particular, forward-looking information in this press release includes, but is not limited to, statements with respect to the anticipated/projected revenues and related matters. Although FLYHT believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. FLYHT 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, including, but not limited to projected revenues. 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 conditions; industry conditions, and supply chain delays. 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. FLYHT undertakes 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

aforbes@flyht.com                                          flyht@fnkir.com

investors@flyht.com

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.

After Western Global Airlines, which selected Evionica as a global Weight & Balance software partner in March 2021, now Wizz Air signed up a contract to implement Evionica’s solution for cargo airlines.

 Following the successful introduction of the Passenger Weight & Balance solution in 2020, Wizz Air is now expanding its partnership with Evionica to support cargo operations. The solution – a fully scalable web-based application, open for integrations with external data sources – will support Wizz Air with the load control process of A330F, which is the first wide-body aircraft in its history.

Currently, over 10.000+ Wizz Air flights monthly are processed through Evionica’s Weight & Balance solution.

The solution will be implemented by Wizz Air latest in Q3/2022 and Evionica looks forward to extending its cooperation with cargo airlines, ensuring safe and efficient flights over the network.

More: www.evionica.com

On 30 May, Danish health drones will fly for the first time from Odense University Hospital (OUH) in Svendborg to the island of Ærø. The drones can carry blood and medicine, and the transport time of 40 minutes is much faster than by car and ferry. It ensures proper treatment for the patients faster

Today, if you live on one of Denmark’s smaller islands and have a blood sample taken, the sample must be transported by ferry and car for analysis at the hospital’s laboratory. In future, the distance will be shorter, because now the way has been paved for the blood sample to be sent by drone directly and immediately to the laboratory.

This will become the reality Monday 30 May, when Danish Minister of Transport, Trine Bramsen, stands by in Svendborg to send the first Danish health drone off via a radio connection.

After years of planning and testing, the partnership behind the health drones is ready to demonstrate the first flights across the water. A route of 50 kilometers, taking place at an altitude of 80 meters.

The drone will fly from OUH Svendborg Hospital to Ærø. The first version of the drone can bring blood samples from the small island community to the laboratory. In the longer term, the plan is for medicines and equipment to be transported between hospitals, laboratories, medical centers, nursing homes and home care. In line with the government’s new health care reform, the scheme can be extended to smaller islands or areas that are far from a hospital, thus bringing the health service out to the patient.

– There is no doubt that with the entry of health drones into the health care system, we are entering a new era, says project manager from the University of Southern Denmark (SDU), Kjeld Jensen.

What are the health drones?

The HealthDrone project will integrate drones into the Danish healthcare system. Behind the project is a partnership consisting of OUH, Falck, Holo, Unifly, Scandinavian Avionics and SDU. HealthDrone is in the process of developing and testing drones for transporting blood samples and medicine between Ærø, Svendborg and Odense.

The drones have already completed successful test flights from Ærø to Langeland but will pass a new milestone when the full distance from Svendborg to Ærø is completed. In short: it works!

– It is exceptional in a European context that we fly with the drones without shutting down the airspace. Together with Naviair, Unifly and the Danish Transport Authority, we at SDU have developed a method for tracking helicopters and aircraft so that we can manoeuvre around them. The air traffic control at Naviair can see on their screens when a drone flight is in progress and will act if e.g. a rescue helicopter needs the airspace. We have paved the way for this to be possible, says Kjeld Jensen.

We can be ready tomorrow!

One of the commercial players in the project is the mobility company Holo, which together with Falck is the operator of the flights. According to the CEO of Holo, Christian Bering Pedersen, the company is in principle ready to offer the service immediately.

– With this project, some barriers to drone flying have been removed, which means that we can now offer a transport service via drone for many different purposes. The project has paved the way for freight via drones, says Christian Bering Pedersen, who is also chairman of the steering committee behind the Healthdrone project.

The drones have the potential to ensure faster and better treatment, says Bjarne Dahler-Eriksen, who is medical director at OUH.

– It is a major focus area for us to spare patients – especially the particularly vulnerable – from spending time on transport and waiting time, so that they can instead have samples taken at home or near the home. Today we are dependent on the fixed times for car and ferry transport, but the health drones make it possible to get samples analysed in a much shorter time, so in the future we can ensure correct treatment faster for the benefit of both the health service, but of course first and foremost for patients, he says.

Time is often a crucial factor, and here too drones may play a vital role in the future. Be it in connection with accidents, where rapid access to blood can mean the difference between life and death, but also in connection with infections, where faster responses provide better treatment. Another future option is to deliver medicine directly to the patients so that they do not have to go and pick up expensive special medicine at the hospital.

Facts about HealthDrone
HealthDrone is a three-year innovation project supported by the Innovation Fund. The goal is to develop and test health drones for transport of patient samples, medicine and medical equipment between hospital wards, medical centers, and home care.

After several years of thorough experiments and tests with health drones at the UAS Denmark Testcenter at HCA Airport, at OUH and by flights internally on Ærø, the drones are now ready to do test flights in air corridors between Ærø and Svendborg, and Svendborg and Odense.

Current transports are limited by fixed routes and departures, and ferry services taking 75 minutes between Ærø and Svendborg. Therefore, drone transport will contribute significantly to both a faster and not least a more flexible transport solution.

When the health drones are ready, they will improve logistics in the healthcare sector and thus mean faster and better treatment for the patients. The drones will make it possible to do more examinations at the doctor’s or at home that previously required visits to the hospital.

Project partners: SDU, Falck, Holo, Odense University Hospital, Unifly and Scandinavian Avionics.
Total budget: DKK 30,615,297, of which DKK 14,107,438 from the Innovation Fund.
Project period: 2019 – 30 September 2022

CrossConsense was awarded the research seal “Innovative through research” for the year 2022/2023. We received the seal for the first time two years ago and have been awarded again for continuous efforts in the area of research and development for aviation and space. The seal has been awarded by the “Stifterverband für deutsche Wissenschaft” (Donors Association for German Science).

Stifterverband is a joint initiative started by companies and foundations – the only one in Germany to be devoted entirely to consulting, networking and promoting improvements in the fields of education, science and innovation. It promotes cooperation and interaction between business, science and civil society. In our case we are working in a project together with the Deutsche Zentrum für Luft- und Raumfahrt.

Chennai, INDIA – May 24, 2022 – Global aviation software provider Ramco Systems announced that it will implement its Aviation, Aerospace and Defense software for Brunei Shell Petroleum Co. Sdn. Bhd. (BSP), Brunei’s largest oil and gas company. Ramco’s full suite Aviation, Aerospace and Defense Software will fully integrate and automate aviation operations at BSP.

Ramco’s Aviation Software will offer BSP modules covering Maintenance, Maintenance Inventory for Aviation, Flight Operations, Safety & Quality, CAMO and Technical Records, providing BSP with a next gen digital platform for real-time data visibility across organization and aircraft readiness management. The solution will also provide in-depth analysis on BSP’s complex helicopter operations.

In addition, with its digital enablers like state-of-the-art mobile apps, HUBs and Dashboards, Ramco will help BSP manage its remote operations, enhance process efficiencies, improve productivity and go paperless.

Ramco Aviation, Aerospace & Defense is trusted by 24,000+ users to manage 4,000+ aircraft globally. Accessible on cloud and mobile, Ramco Aviation & Defense Software continues to innovate with ‘Anywhere Apps’, significantly reducing transaction time both during aircraft-on-ground (AOG) conditions and critical aircraft turnarounds. Ramco is changing the paradigm of enterprise software with Artificial Intelligence based solutions, powered by cool new features such as digital task cards, offline capability, chatbots, mail bots, HUBs and cognitive solutions. With 90+ Aviation organizations onboard, Ramco is the solution of choice for top heli-operators, leading defense companies, space launch vehicles, UAS/Drones, eVTOL and multiple MROs around the world.

About Brunei Shell Petroleum Co. Sdn. Bhd.:

Brunei has forged an enduring partnership with Shell since the discovery of the Seria field in 1929, a relationship that reaches back more than nine decades. The company’s core activities include exploring for and producing oil and gas from onshore and offshore fields for domestic use and export to international markets. These operations are supported by highly skilled professionals working in functions ranging from technically minded Petrophysicists and Petroleum Engineers through to more corporate staff in Legal, Contracting and Procurement and even Aviation.

BSP is by far the largest oil and gas producer in Brunei Darussalam. BSP supplies approximately 350,000 barrels of oil and gas equivalent every day It operates an extensive and complex infrastructure on land and offshore. BSP has over 200 offshore structures linked by over 5,000km of pipelines, recovering oil and gas from over 4,500 individual reservoirs produced through more than 800 wells.

BOULDER, COLORADO: Rusada, the global aviation software provider, has today announced the appointment of Larry Strykowski as Director of Business Development.

Strykowski has a wealth of experience in the aviation software industry, having served as Managing Director Technology – MRO and Supply Chain Systems for both Continental Airlines and United Airlines, where he selected and implemented enterprise-wide solutions for Maintenance Planning and Technical Publications, as well as various MRO commercial products. He also planned and initiated the complex consolidation of technical solutions when Continental and United merged in 2010. Strykowski then moved on to become Director of Technology for the Bristow Helicopter Group, where he spent 10 years implementing a host of enterprise solutions.

In his role for Rusada, Strykowski will help drive the company’s growth in North America, using his extensive industry experience to bring the company’s ENVISION software to operators and maintainers across the continent. As part of his remit, he will look to forge new strategic partnerships that facilitate fast and effective software deployment whilst strengthening Rusada’s existing relationships.

Larry Strykowski, Director of Business Development at Rusada said:

“I am incredibly excited to be joining Rusada, a company that has experienced strong and consistent growth over the last few years, despite the challenges of the Covid pandemic. I am very much looking forward to working with our customers here in North America and hope to add many more in the years to come.”

About Rusada
Rusada is a global aviation software provider established in 1987 and headquartered in Switzerland. With operations in the Middle East, Asia, Europe, and the Americas, Rusada supports 100+ major customers with software that manages 2,000 fixed and rotary wing aircraft in over 40 countries.

The company’s ENVISION software is web-based and consists of 10 modules supported by a suite of mobile apps. It efficiently manages the complex functions of airworthiness, maintenance, and flight operations for aircraft operators, maintainers, and manufacturers across the industry.

More information
Rusada
Chris Prior
Marketing Manager
chris.prior@rusada.com
+44 (0) 1295 231619

StorkJet started the first part of the year on a grand scale. The company has been selected as the winner of the European Startup Prize for mobility. The applicants were from 563 companies in 36 countries and all of them had to face very strict criteria. However, despite so many competitors, it was StorkJet, that has been granted the Gold Award and as a result, was selected as the best and most promising company on the market.

European Startup Prize for mobility was created in 2017 by Chairwoman of the European Parliament’s Committee on Transport and Tourism, Boston Consulting Group, and Via I, Karima Dell. From the very beginning, it was directed to sustainable mobility. The winners of the prize are provided with investment opportunities such as a “one-stop-shop” for EU funds and private investors, tailor-made mentoring from Boston Consulting Group, connections, and visibility.

This year was the 4^th edition of the European Startup Prize. The Final Ceremony took place in Paris on the 19^th of May. It was the official event of the French Presidency of the EU, held at the ChangeNow festival, the world’s largest event for the planet. The winners that were invited had the opportunity to give a pitch in front of the entire ecosystem of major companies, EU institutions, VIPs, and investors. It is worth mentioning that there were among others the Prince of Monaco, HSH Prince Albert II, Vice-President for Interinstitutional Relations and Foresight, Maroš Šefčovič, and Vice President at European Investment Bank (EIB), Lilyana Pavlova. StorkJet’s pitch, presented by Piotr Niedziela (VP, Head of Business Development), was about how to reduce aviation footprint on the environment and it was met with great interest. What is more, the whole ceremony was live-streamed by The Brussels Time, so the viewers had the opportunity to vote on the best pitch and therefore the best company. As a result, StorkJet received the best marks from the jury and the viewers, which contributed to the fact that they were announced the winner.

Congratulations to the whole StorkJet team! It is great to see how such companies contribute to sustainable aviation by reducing their footprint on the environment.

Malmö, Sweden; May 24, 2022:  Web Manuals, the world leader in digitalizing manuals for the aviation industry, announces changes to its Board of Directors, including the appointment of Jimmy Bäckström as chairman.

Since joining the Board in 2016, Bäckström has played a significant role in developing the growth strategy for Web Manuals. His experience as chief revenue officer at inriver, a B2B software company in Malmö, will guide the business as it extends its customer base and expands into new markets.

Web Manuals also welcomes two new members to its Board. Katja Dömer, chief marketing operator at inriver, will assist with ongoing market strategies at Web Manuals. Charlotta Falvin, who sits on the board of several fast-growing Swedish technology companies will advise on product upgrades and technological developments.

Having signed more than 40 customers since the start of 2022, and over 450 aviation businesses now using its software, Web Manuals has also announced several internal promotions this year across the US, Europe and APAC region to support with increasing global demand.

Martin Lidgard, CEO and founder says: “Over the past decade, we’ve been fortunate enough to work with experienced strategic advisors from across the aviation and technology industries. Their guidance helped transform Web Manuals from a quirky start-up to the world leader in digital documentation.

“Strengthening our Board of Directors puts us in the best position to achieve our ambitious growth targets and support air operators around the world as they digitalize.”

The announcement comes after the Sam Aston, who led the work of the Board of Directors since 2016, transitions out of his role as chairman.

Malmö, Sweden; 23 May, 2022: Web Manuals, the world leader in digitalizing manuals for the aviation industry, is celebrating 10 years since the company was founded.

Based in Sweden, Web Manuals was created in 2012 to serve aviation professionals and utilize technology to simplify the editing and reviewing of the industry’s vast number of compliance regulations and manuals. The digitized process intends to save operators time and administrative costs while improving compliance and flight safety.  

Web Manuals has grown substantially over the past decade and now has offices in Malmö, San Diego, and Singapore. The organization currently has more than 440 customers around the world covering a wide range of aviation sectors, including cargo, airlines, business jets, flight schools, drones, and UAVs.

Martin Lidgard, CEO and founder at Web Manuals, says: “Web Manuals set out with the mission to use a cloud-based application to provide a simplified and digital process for reviewing aviation manuals, enhancing control, compliance, and agility. I’m proud to say this has become a reality, with so many clients realizing the benefits of our document management platform. I look forward to continuing to grow our customer base and service offering over the next decade.”

Hans-Erik Viklund, head of training at OSM Aviation Academy, a Web Manuals customer since 2012, says; “Web Manuals has simplified all aspects of regulation management and its platform makes updating manuals a hassle-free task. As a pilot myself, I’m aware of the huge number of flight manuals, particularly related to training, so a digitized process that enables us to update the documents efficiently is key to our operations.

“We’ve been with Web Manuals for more than a decade and the company has continuously adapted its interface to make the process simpler and our operations more streamlined. Here’s to another 10 years!”

Single, Proven Solution to Enhance Operation’s Growth Plans

Beloit, WI – MAY 17, 2022 – Aviation software leader Comply365 is pleased to welcome its newest customer, Prescott Support, who will rely on Comply365’s cloud-based document and compliance management system to transform their digital operations. Pilots will access critical operational content, record their compliance, and send important data through electronic forms using Comply365’s mobile platform.

Headquartered in South Carolina, Prescott is an air cargo charter and air freight company specializing in time-critical, high-value, and outsized goods. They transport cargo and passengers to remote, unimproved locations typically not served by traditional air carriers, serving more than 126 locations across 60 countries.

Pilots at Prescott needed a better mobile document viewer with global search capabilities, as well as to track compliance and complete forms that would not just send an email but instead kick off an automated workflow. The carrier also needed offline capabilities as they face connectivity challenges in remote areas across the globe.

Using Comply365’s mobile app, pilots will be able to search across all their manuals at once and be able to add personal annotations, bookmarks, and highlights that will be retained whenever a document is updated.

Flight crew members will be able to send data back to the operations team through forms that will automatically be routed to the appropriate staff and be easily tracked. Prescott will be able to deliver content and personalized notifications based on roles and drive higher rates of compliance with reporting insights.

“I’m happy to welcome Prescott Support to our Comply365 community, which continues to grow users in the air cargo segment as operators seek more efficient operations to meet the global supply chain challenges,” Comply365 CEO Tom Samuel said. “We look forward to providing pilots and flight crew members at Prescott with a wonderful end-user experience that makes their routine and non-routine job tasks easier.”

ABOUT COMPLY365
Comply365 is the leading provider of enterprise SaaS and mobile solutions for content management and document distribution in highly regulated industries including aviation, rail, and energy. Comply365 supports the world’s most mobile and remote workforces with targeted and personalized delivery of job-critical data that enables safe, efficient, and compliant operations. Every day, hundreds of thousands of pilots, flight attendants, maintenance technicians, rail conductors and engineers, and energy workers rely on Comply365 for digital delivery of operational (OEM and company) manuals. Having played an instrumental role in the FAA’s approval of replacing the traditional, paper-based, pilot flight bags with electronic flight bags (EFBs), Comply365 partners with clients to transform their industries.

ABOUT PRESCOTT SUPPORT
Prescott is a U.S.-certificated, Part 135 On-Demand Air Carrier—a global provider of tailored transportation services for passengers and freight, including time-critical, high-value, and out-sized cargo. Our mission is to provide each client with right-sized and responsive air transportation solutions while delivering the highest levels of safety, security, and reliability. We can and will tailor our support to meet your needs precisely. We work closely with U.S. and internationally based Fortune 500 firms, U.S. federal government and state agencies, freight forwarders, and international relief and humanitarian assistance organizations.

FOR MORE INFORMATION CONTACT:
Gina Duwe, Marketing Coordinator
Comply365
gduwe@comply365.com
+1 608-313-1500 Duncan Wolford, VP of Flight Operations
Prescott Support
dwolford@prescottsupport.com
+1 843-828-4400