PRESS RELEASE

from FLYHT Aerospace Solutions Ltd. (isin : CA30252U3038)

FLYHT Schedules Second Quarter 2024 Conference Call

CALGARY, AB / ACCESSWIRE / August 12, 2024 / FLYHT Aerospace Solutions Ltd. (TSXV:FLY)(OTCQX:FLYLF) (the "Company" or "FLYHT") today announced that it will host a conference call to discuss the results for the second quarter of 2024, the period ended June 30, 2024, on Thursday, August 29, 2024 at 7:30 a.m. MT (9:30 a.m. ET). The conference call will include prepared remarks followed by a question-and-answer session with Kent Jacobs, President & Interim CEO and Alana Forbes, CFO.

To access the conference call by phone within Canada and the U.S., the toll-free number is 1-844-763-8274. Outside Canada and the U.S., dial 1-647-484-8814. Callers should dial in five to ten minutes prior to the scheduled start time. Management will accept questions by telephone and e-mail. Individuals wishing to ask a question during the call can do so by pressing *1. Questions can be emailed in advance or during the conference call to investors@flyht.com.

An archive of the conference call will be posted on the Investor Relations section of FLYHT's website as soon as it is available from the conference call provider.

In addition, at FLYHT's Annual & Special Meeting of Shareholders held on June 19, 2024, shareholders of the Company approved the 2024 Omnibus Equity Incentive Compensation Plan (the "Omnibus Incentive Plan") to replace the existing stock option plan. The Omnibus Incentive Plan is a "rolling up to 10% and fixed up to 10%" share-based compensation plan pursuant to which up to an aggregate of 10% of the Common Shares issued and outstanding may be reserved for issuance under it and any other security-based compensation plans of the Corporation, in the form of stock options, restricted share units ("RSUs"), deferred share units ("DSUs") and performance share units ("PSUs"). A copy of the Omnibus Incentive Plan and further details are included in the Company's management information circular regarding the meeting dated May 29, 2024, and available on SEDAR at www.sedarplus.com. The Omnibus Incentive Plan has received the final approval of the TSXV and has subsequently been implemented.

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, AFIRS™. Solutions include an aircraft satcom/interface device that enables cockpit voice communications, transmission of aircraft data both while inflight via satellite and post-flight via 5G, real-time aircraft state and fleet status analysis, and preventative maintenance solutions. FLYHT's hardware products can also be interfaced with FLYHT's proprietary relative humidity sensors to deliver airborne weather and humidity data in real-time.

FLYHT is headquartered in Calgary, Canada, and is an AS9100 Quality registered company. For more information, visit www.flyht.com.

Contact Information:

FLYHT Aerospace Solutions Ltd.
Alana Forbes
Chief Financial Officer
403.291.7437
investors@flyht.com

FNK IR LLC
Matt Chesler, CFA
Investor Relations
646.809.2183
mchesler@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.

SOURCE: FLYHT Aerospace Solutions Ltd.



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