Business
Star Navigation Reports Corporate Update - Fall 2006
Star Navigation Reports Corporate Update - Fall 2006.
About this update from Star Navigation Systems Group Ltd.
[{"type":"text","content":"\n\n\n\n\nTSX Venture Exchange Symbol: SNA\n\nTORONTO, Sept. 22 /CNW/ - Mr. Viraf Kapadia, C.E.O. of Star Navigation\nSystems Group Ltd. ('Star\"), developer of Flight Safety and Fleet Monitoring\nSystems, is pleased to announce the following update concerning ongoing sales\ninitiatives at Star.\n\nPAKISTAN INTERNATIONAL AIRLINES\nAs previously announced, Star is presently working with PIA, and will be\ninstalling our patented ISMS(TM) system in an A-310 aircraft as part of a\nTrial Evaluation starting in October. The relevant STC has been issued. PIA\ncurrently has a fleet of 43 aircraft and Star expects to exceed PIA's\nexpectations. Although we have been working with this customer for some time,\ndealing with the necessary government approvals, approving installation\ndetails and setting operational parameters has taken a somewhat longer period\nof time than anticipated. As a part of the total package, Star will be\nproviding PIA with a comprehensive \"End of Flight - Summary Report.\" This\nreport covers multiple parameters respecting the flight and is available to\nPIA within seconds after the end of each flight. ISMS(TM) will simplify PIA's\ncompliance with regulations issued by the Civil Aviation Authority of\nPakistan.\n\nETIHAD\nStar continues to work with Etihad Airways and is in the process of\nconfirming aircraft availability. Installation is subject to an aircraft being\nremoved from service for other scheduled maintenance and regulatory checks,\nand normally takes between 3 and 5 days. Based upon current information, we\nare confident that we will begin installation on an A-340 in November. Etihad\ncurrently has a fleet of 20 aircraft, with several more on order. Star has\nalready obtained an STC for the aircraft and we expect that ISMS(TM) will be\ninstrumental in ensuring that the A-340 aircraft deploys \"Leading Edge\"\ntechnology in order to monitor selected systems and components for many years\nto come.\n\nSPICEJET\nAs a low-cost airline in India, SpiceJet has a fleet of 6 aircraft and\nISMS(TM) has already been installed on a SpiceJet Boeing 737. We continue to\nawait Indian Government Authorization sanctioning the use of Iridium Satellite\ntechnology over its air-space, and based upon recent communications, have been\nassured that it will be forthcoming shortly. Star has selected Iridium as a\ncost effectiv...