Business
Star Navigation Wins Transport Canada Certification for Airbus A340
Star Navigation Wins Transport Canada Certification for Airbus A340.
About this update from Star Navigation Systems Group Ltd.
[{"type":"text","content":"\n\n\n\n\n50,780,284 shares outstanding\n\nTORONTO, Nov. 8 /CNW/ - Star Navigation Systems Group Ltd. (\"Star\nNavigation\") (TSX.V: SNA and OTC.BB SNAVF), is pleased to announce that\nTransport Canada has approved and certified the submission for the\ninstallation of Star Navigation's ISMS(TM) flagship product, the 'In Flight\nSafety Monitoring System' onboard all Airbus Industrie A340-311, 312, 313\naircraft.\nThe Supplemental Type Certificate 'STC' allows Star Navigation the access\nto directly install its flagship product, the In-Flight Safety Monitoring\nSystem - the ISMS(TM) without third party assistance or intervention on all\nAirbus A340 type aircraft eliminating any previous technical barrier to sales\nentry.\n\"This particular Transport Canada Certification provides Star Navigation\nanother tremendous opportunity. Star Navigation can now directly sell and\ninstall on all new and existing Airbus A340 aircraft world-wide. This\ndramatically expands our global market reach while greatly enhancing sales\nopportunities,\" reports Viraf Kapadia, Chairman and CEO.\nStar Navigation holds Supplemental Type Certificates (STC's) for all\nBoeing 727 and 737 aircraft and now with this most recent win, on all Airbus\nIndustrie A340-311, 312, 313 aircraft.\nStar Navigation is in discussions with multiple airlines worldwide for\nthe sale and installation of its flagship ISMS(TM) product.\n\nAbout Star Navigation...\n\nStar Navigation Systems Group Ltd. (www.star-navigation.com) owns the\nworldwide license to a product without peer, its proprietary, patented \nIn-flight Safety Monitoring System - ISMS(TM), the first system in the world\nto feature in-flight data-analysis, -monitoring and -diagnostics with a \nreal-time connection between aircraft and ground. Its real-time capability of\ntracking performance-trends and predicting incident-occurrence enhances\naviation safety and improves fleet management while reducing costs for the\noperator.\n\nCertain statements contained in this News Release constitute forward-\nlooking statements. When used in this document, the words \"may\", \"would\",\n\"could\", \"will\" and similar expressions, as they relate to Star or its\nmanagement are intended to identify forward-looking statements. Such\nstatements reflect Star's current views with respect to future events and are\nsubject to certain ri...