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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Garmin Ltd    GRMN   CH0114405324

GARMIN LTD

(GRMN)
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Garmin : Save Valuable Time with FltPlan.com Pre-Departure Clearances

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02/11/2019 | 05:50pm EDT

What's the most valuable asset to a pilot? Many would probably tell you time, especially when there's a business interest involved. For most pilots, getting from point A to point B as safely, quickly and efficiently as possible is the main objective. Fortunately, we have a tool that can help. Our built-in Pre-Departure Clearance (PDC) services on FltPlan.com were created to help flight crews and passengers save valuable time, allowing them to get airborne, and ultimately to their destination, faster and more conveniently.

What's the Advantage of PDC?

Our PDC services can add convenience and help reduce time on the ground prior to departure. Instead of the conventional method of calling ATC for departure release, our FAA-approved PDCs are natively integrated into FltPlan.com and eliminate the need to call clearance delivery from the cockpit. These PDC services are currently available at more than 70 airports throughout the United States.

Pre-Departure Clearance within FltPlan.com

How It Works

It's easy - simply submit a flight plan for approval within FltPlan.com, and an approved PDC will appear for an active flight approximately 20-30 minutes before your filed departure time. PDC notifications can be received via email, text or as a pop-up that opens in a separate window when the PDC message is displayed on a pilot's active flight plan list within FltPlan.com.

PDCs include:

  • Your filed route
  • Amendments to your route
  • Your cleared altitude
  • Your transponder code
  • Your departure frequency
  • Any special instructions

No Datalink? No Problem.

PDCs are a great solution for aircraft that aren't equipped with controller-pilot datalink communications (CPDLC). Pilots have access to PDCs on a mobile device running FltPlan.com, or by receiving PDC information via text and email notifications.

PDC services are available with FltPlan.com and a $199 per year subscription, per aircraft. For more information and to sign up for service, visit https://www.fltplan.com/pdcinfo.htm.

Disclaimer

Garmin Ltd. published this content on 11 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 February 2019 22:49:00 UTC

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Financials (USD)
Sales 2019 3 606 M
EBIT 2019 851 M
Net income 2019 748 M
Finance 2019 1 966 M
Yield 2019 2,68%
P/E ratio 2019 22,1x
P/E ratio 2020 21,4x
EV / Sales2019 4,02x
EV / Sales2020 3,75x
Capitalization 16 457 M
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Mean consensus HOLD
Number of Analysts 11
Average target price 82,00  $
Last Close Price 86,57  $
Spread / Highest target 15,5%
Spread / Average Target -5,28%
Spread / Lowest Target -16,8%
EPS Revisions
Managers
NameTitle
Clifton Albert Pemble President, Chief Executive Officer & Director
Min Hwan Kao Executive Chairman
Douglas Gerard Boessen Treasurer, Chief Financial & Accounting Officer
Charles W. Peffer Independent Director
Joseph J. Hartnett Independent Director
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