Brampton, Ontario–(Newsfile Corp. – January 21, 2021) – Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (“Star” or the “Company”) is pleased to announce the following Corporate update as of January 21, 2021. Star is diligently working and achieving major milestones towards the aggressive Action Plan 2021 in coordination with all the stakeholders on one page.
The Company is progressively working on 4 major priorities:
Star is effectively raising the bars in all the major areas and departments.
Marketing & Sales
Manufacturing and Operations – to deliver timely solutions to Airlines and Air operators
Human Resources – The Company is hiring aviation industry experts to support our expansion.
Web/Social media – Star has overhauled the Company website and have a larger social media presence.
Amir Bhatti, Chief Executive Officer stated, “Star is diligently reorganizing and restructuring the key areas of the Company to achieve its Corporate short and long-time objectives. The whole of management and staff is geared up and working hard to bring Star back to its deserved potential with their state-of-the-art technologies and services for the Airline/Aviation Industry in compliance with their regulatory prerequisites and requirements. We are accomplishing this without spending exorbitant capital on equipment or to carry on any retrofit of their equipment along with ICAO, EASA or other Airworthiness authentication for mandatory compliance. The Airline industry will still be profitable with what Star offers in terms of Engine Condition Monitoring, Flight Operations Quality Assurance [FOQA] analysis and Fuel Management savings.”
Certain statements contained in this Release constitute forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “expected”, “intend” and similar expressions, as they relate to Star or its management or board are intended to identify forward-looking statements. Such statements reflect Star’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions.
The risks posed by the COVID-19 pandemic are real and substantial but cannot be defined or measured in any meaningful way at this time. Mr. Viraf Kapadia’s outstanding litigation and the process initiated by Mr. Kapadia under the Bankruptcy and Insolvency Act are risks to Star.
Many other factors could cause Star’s actual performance or achievements to vary from those described herein.
Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Star does not assume any obligation to update these forward-looking statements, except as required by law.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/72536
Star Navigation facilitates GADSS’s Standards and Recommended Practices (SARPs) that airlines and aircraft operators utilize for aircraft / fleet tracking in normal conditions as well as in distress.