FLYHT Aerospace Solutions (TSXV:FLY) recently announced a collaboration with WestJet and the National Oceanic Atmospheric Administration (NOAA) to enhance weather forecasting in North America.
The partnership with WestJet initially aims to provide NOAA with additional humidity, temperature, and wind observations in areas over the Pacific where WestJet operates routes with limited data coverage.
In efforts to support this initiative, WestJet will equip three Boeing 737 MAX and two Boeing 737-800NG aircraft flying Pacific routes with FLYHT’s weather solutions. These installations will include FLYHT-WVSS-II atmospheric water vapour sensors to continuously monitor environmental conditions during flights.
Scheduled to begin early next year, the hardware installations will be funded by appropriations awarded to FLYHT in fiscal year 2023. As a provider of Actionable Intelligence for airlines, FLYHT is headquartered in Calgary and emphasizes transforming operational insights into actionable measures.
WestJet Group, based in Calgary, is operated by WestJet Airlines Ltd., owned by Toronto-based private equity firm Onex Corp. Following the announcement, shares of FLYHT (TSXV:FLY) surged by 18.18% to C$0.13 by the close of Thursday’s trading session.
For further insights and discussions on this topic, investors are encouraged to visit the FLYHT Aerospace Solutions Bullboard forum on Stockhouse.com. It is important to note that the information provided in this article is for informational purposes only and should not be considered as investment advice.
