{"id":45058,"date":"2025-01-24T13:44:30","date_gmt":"2025-01-24T13:44:30","guid":{"rendered":"https:\/\/peraltafinancing.com\/aerospace\/firan-technology-group-corporation-ftg-announces-civil-aviation-administration-of-china%ef%bc%88caac%ef%bc%89has-approved-ftg-aerospace-tianjin-as-an-approved-mai\/"},"modified":"2025-01-24T13:44:30","modified_gmt":"2025-01-24T13:44:30","slug":"firan-technology-group-corporation-ftg-announces-civil-aviation-administration-of-china%ef%bc%88caac%ef%bc%89has-approved-ftg-aerospace-tianjin-as-an-approved-mai","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=45058","title":{"rendered":"FIRAN TECHNOLOGY GROUP CORPORATION (\u201cFTG\u201d) ANNOUNCES CIVIL AVIATION ADMINISTRATION OF CHINA\uff08\u201cCAAC\u201d\uff09HAS APPROVED FTG AEROSPACE TIANJIN AS AN APPROVED MAINTENANCE ORGANIZATION (AMO)."},"content":{"rendered":"


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TORONTO, ONTARIO (January 7, 2025) \u2013 Firan Technology Group Corporation (TSX: FTG) (OTCQX: FTGFF) (\u201cFTG\u201d or the \u201cCorporation\u201d), a leading provider of electronic products and avionic sub-systems for the aerospace and defense markets, has received approval from Civil Aviation Administration of China to be an Approved Maintenance Organization (AMO). Under this approval, FTG Aerospace Tianjin is approved for the maintenance of aeronautical products,
specifically for instruments or display devices. With this approval, FTG can now maintain or repair its display products and provide airworthiness tags for repaired products.<\/p>\n

\u201cThis is an important accomplishment for FTG as it enables us to now fully support our customers through the complete lifecycle of our products, including on the C919 aircraft in China\u201d, stated Brad Bourne, President and CEO, FTG Corporation. \u201cWe have a strategy to increase our activity in the large aftermarket segment of the Aerospace industry and this certification is a key milestone in accomplishing our objective\u201d, he added.<\/p>\n

ABOUT FIRAN TECHNOLOGY GROUP CORPORATION<\/p>\n

FTG is an aerospace and defense electronics product and subsystem supplier to customers around the globe. FTG has two operating units:<\/p>\n

FTG Circuits manufactures high-tech, high-reliability printed circuit boards. Our customers are leaders in the aviation, defense, and high-tech industries. FTG Circuits has operations in Toronto, Ontario, Chatsworth, California, Fredericksburg, Virginia, Minnetonka, Minnesota, Haverhill, Massachusetts, and a joint venture in Tianjin, China.<\/p>\n

FTG Aerospace designs, certifies, manufactures and provides in-service support for illuminated cockpit products and electronic assemblies for original equipment manufacturers and operators of aerospace and defense equipment. FTG Aerospace has operations in Toronto, Ontario, Calgary, Alberta, Chatsworth, California and Tianjin, China.<\/p>\n

The Corporation\u2019s shares are traded on the Toronto Stock Exchange under the symbol FTG, and on the OTCQX Exchange under the symbol FTGFF.<\/p>\n

FORWARD-LOOKING STATEMENTS<\/p>\n

This news release contains certain forward-looking statements. These forward-looking statements are related to, but not limited to, expectations regarding the potential benefits and synergies of the Transaction for FTG, delisting of the FLYHT Shares from the TSX Venture Exchange and FTG\u2019s intention to cause FLYHT to cease to be a reporting issuer. Forward-looking information typically contains words such as \u201canticipate\u201d, \u201cbelieve\u201d, \u201cexpect\u201d, \u201cplan\u201d or similar words suggesting future outcomes. Such statements are based on the current expectations of management of the Corporation and inherently involve numerous risks and uncertainties, known and unknown, including economic factors and the Corporation\u2019s industry, generally. The preceding list is not exhaustive of all possible factors. Such forward-looking statements are not guarantees of future performance and actual events and results could differ materially from those expressed or implied by forward-looking statements made by the Corporation. The reader is cautioned to consider these and other factors carefully when making decisions with respect to the Corporation and not place undue reliance on forward-looking statements. Other than\u00a0as may be required by law, FTG disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.<\/p>\n

For further information please contact:<\/strong><\/p>\n

Bradley C. Bourne, President and CEO
Firan Technology Group Corporation
Tel: (416) 299-4000 x314
bradbourne@ftgcorp.com<\/p>\n

Jamie Crichton, Vice President and CFO
Firan Technology Group Corporation
Tel: (416) 299-4000 x264
jamiecrichton@ftgcorp.com<\/p>\n

Additional information can be found at the Corporation\u2019s website www.ftgcorp.com<\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"

TORONTO, ONTARIO (January 7, 2025) \u2013 Firan Technology Group Corporation (TSX: FTG) (OTCQX: FTGFF) (\u201cFTG\u201d or the \u201cCorporation\u201d), a leading provider of electronic products and avionic sub-systems for the aerospace and defense markets, has received approval from Civil Aviation Administration of China to be an Approved Maintenance Organization (AMO). Under this approval, FTG Aerospace Tianjin […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12024],"tags":[13820,13497,27604,5829,22344,5167,27602,17697,13617,13616,17195,3463,1649,7745,3912,27603],"dealstore":[],"offerexpiration":[],"class_list":["post-45058","post","type-post","status-publish","format-standard","hentry","category-aerospace","tag-administration","tag-aerospace","tag-amo","tag-announces","tag-approved","tag-aviation","tag-chinacaachas","tag-civil","tag-corporation","tag-firan","tag-ftg","tag-group","tag-maintenance","tag-organization","tag-technology","tag-tianjin"],"yoast_head":"\nFIRAN TECHNOLOGY GROUP CORPORATION (\u201cFTG\u201d) ANNOUNCES CIVIL AVIATION ADMINISTRATION OF CHINA\uff08\u201cCAAC\u201d\uff09HAS APPROVED FTG AEROSPACE TIANJIN AS AN APPROVED MAINTENANCE ORGANIZATION (AMO). - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=45058\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FIRAN TECHNOLOGY GROUP CORPORATION (\u201cFTG\u201d) ANNOUNCES CIVIL AVIATION ADMINISTRATION OF CHINA\uff08\u201cCAAC\u201d\uff09HAS APPROVED FTG AEROSPACE TIANJIN AS AN APPROVED MAINTENANCE ORGANIZATION (AMO). - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"TORONTO, ONTARIO (January 7, 2025) \u2013 Firan Technology Group Corporation (TSX: FTG) (OTCQX: FTGFF) (\u201cFTG\u201d or the \u201cCorporation\u201d), a leading provider of electronic products and avionic sub-systems for the aerospace and defense markets, has received approval from Civil Aviation Administration of China to be an Approved Maintenance Organization (AMO). 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