Calgary Experiences Cloudy Weather with Rain Showers Today

Calgary Experiences Cloudy Weather with Rain Showers Today

Calgary, 13th August 2024–

This Tuesday, residents of Calgary should be prepared for cloudy conditions paired with occasional rain showers. The temperature is expected to rise to a high of 84°F, with winds blowing from the east-northeast at speeds between 5 to 10 mph. Rainfall is a possibility, with a 50% chance of showers predicted throughout the day.

As night approaches, the weather is forecasted to remain cloudy, with a chance of showers continuing into the early evening. The temperature is expected to drop to a low of 68°F, with winds shifting slightly to come from the north-northeast at the same speed of 5 to 10 mph. The likelihood of rain overnight is a bit lower, at around 40%.

FLYHT Aerospace Solutions Ltd. Announces Q2 2024 Results Conference Call

In other news, FLYHT Aerospace Solutions Ltd., a company based in Calgary, has announced that it will host a conference call to discuss its financial results for the second quarter of 2024. The quarter ended on June 30, 2024, and the call is scheduled for Thursday, August 29, 2024 at 7:30 a.m. MT (9:30 a.m. ET). During the call, there will be prepared remarks followed by a question-and-answer session led by Kent Jacobs, President & Interim CEO, and Alana Forbes, CFO.

If you wish to participate in the conference call by phone within Canada and the U.S., you can use the toll-free number 1-844-763-8274. For participants outside of Canada and the U.S., the dial-in number is 1-647-484-8814. Callers are encouraged to dial in five to ten minutes before the scheduled start time.

Questions for the management can be asked during the call by pressing *1 or can be emailed in advance or during the conference to investors@flyht.com. An archive of the conference call will be available on the Investor Relations section of FLYHT’s website shortly after the call concludes.

FLYHT’s Annual and Special Meeting Approves New Incentive Plan

During FLYHT’s Annual and Special Meeting of Shareholders held on June 19, 2024, the shareholders approved a new Omnibus Equity Incentive Compensation Plan. This plan replaces the existing stock option plan and allows for up to 10% of the common shares issued and outstanding to be reserved for issuance. The shares can be issued in the form of stock options, restricted share units (RSUs), deferred share units (DSUs), and performance share units (PSUs).

The plan has received final approval from the TSXV and is now in effect. Detailed information about the Omnibus Incentive Plan is included in the company’s management information circular, which is available on SEDAR.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides airlines with actionable intelligence to transform operational insights into immediate and quantifiable actions. They deliver leading solutions to improve aviation safety, efficiency, and profitability driven by a suite of patented aircraft-certified hardware products. These solutions include an aircraft satcom/interface device for cockpit voice communications and transmission of aircraft data, both in-flight via satellite and post-flight via 5G. They also offer real-time aircraft state and fleet status analysis and preventative maintenance solutions.

The company’s hardware products can be paired with their proprietary relative humidity sensors to deliver real-time airborne weather and humidity data. FLYHT is headquartered in Calgary, Canada, and maintains an AS9100 Quality registration.

For more information, or to contact the company, visit www.flyht.com or reach out to their investor relations contacts provided in this announcement.