Posted by: nepboy789 April 1, 2014
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@Beautifool,
No he didn't but he and interviewer did talk about importance of having some kind of in-flight GPS connectivity. As far I know there are not that many companies who have certified products to install in most of the commercial aircrafts. If it was widely available and offered by several companies, probably MH370 would already have it. This company is certified to install AFIRS (Automated Flight Information Reporting System) in most of the Boeing and Airbus. Probably you may already know that takes long time (more than a year) to complete the certification process due to the sensitivity of airlines industry so takes long time for other to come in to this business.
My guess is S & R (Search and Rescue) cost of MH370 will be so high (probably close to a half B$ ), it will bring momentum to install AFIRS in most commercial aircrafts which has in-flight GPS and can communicate with tower at any time and if this happens, Flyht will be the #1 company to benefit since there is virtually zero competition. If you know any competitor to this, please do let me know and I will buy their shares too :)
Flyht has already some business with Airbus/Boeing and some major Chinese Airlines so it can survive for now and since its R & D cost is going down, it should do better in coming days. I could be wrong, my analysis could be flawed so I am willing to listen to all of your opinions and discuss openly.
No he didn't but he and interviewer did talk about importance of having some kind of in-flight GPS connectivity. As far I know there are not that many companies who have certified products to install in most of the commercial aircrafts. If it was widely available and offered by several companies, probably MH370 would already have it. This company is certified to install AFIRS (Automated Flight Information Reporting System) in most of the Boeing and Airbus. Probably you may already know that takes long time (more than a year) to complete the certification process due to the sensitivity of airlines industry so takes long time for other to come in to this business.
My guess is S & R (Search and Rescue) cost of MH370 will be so high (probably close to a half B$ ), it will bring momentum to install AFIRS in most commercial aircrafts which has in-flight GPS and can communicate with tower at any time and if this happens, Flyht will be the #1 company to benefit since there is virtually zero competition. If you know any competitor to this, please do let me know and I will buy their shares too :)
Flyht has already some business with Airbus/Boeing and some major Chinese Airlines so it can survive for now and since its R & D cost is going down, it should do better in coming days. I could be wrong, my analysis could be flawed so I am willing to listen to all of your opinions and discuss openly.