1. Nature of Business	6 Months Ended
Apr. 30, 2022
Notes
1. Nature of Business	`1.`Nature of Business PASSUR® Aerospace, Inc. (“PASSUR” or the “Company”), a New York corporation founded in 1967, is a business intelligence company, providing predictive analytics and decision support technology for the aviation industry primarily to improve the operational performance and cash flow of airlines, airports, fixed based operators (FBOs) and air navigation service providers (ANSPs). The Company provides a cloud-based platform, ARiVA™, that manages and optimizes operations for our customers. PASSUR delivers digital solutions to global aviation operations, meeting the needs of global air travel as well as supporting the recovery of the aviation industry from the COVID-19 crisis. The structure and execution of operations within the aviation industry have fundamentally changed as a result of this crisis due to the significant change in the economics required to support current conditions, return to normal operations and profitability, and assist in mitigating health risks. PASSUR continues to apply artificial intelligence powered by machine learning to aviation data, addressing the industry’s most costly challenges, including the management and optimization of airspace, airport assets, aircraft, and day of flight operations. The Company provides its solutions to airlines and airports in the United States, as well as an airline in Latin America. The global market presents an opportunity to network more customers in a broader market. Solutions offered by PASSUR help to ensure flight completion. They cover the entire flight life cycle, from gate to gate, and result in reductions in overall costs and carbon emissions, while maximizing revenue opportunities, improving operational efficiency, and enhancing the passenger experience. The Company is a supplier and partner to the air transportation industry. While many of the Company’s customers are experiencing increases in air travel volume, spending to invest in programs to promote operational efficiencies and productivity usually lag such increases. As a result, the Company experienced downturns in its revenues year-to-date in fiscal 2022 and for the fiscal year 2021. The Company continues to believe that its products and professional service engagements are critical to the efficient operation of the air transportation market. See Part II, Item 1A, “Risk Factors”, in this Quarterly Report on Form 10-Q.

1. Nature of Business

6 Months Ended

Apr. 30, 2022

1.Nature of Business

PASSUR® Aerospace, Inc. (“PASSUR” or the “Company”), a New York corporation founded in 1967, is a business intelligence company, providing predictive analytics and decision support technology for the aviation industry primarily to improve the operational performance and cash flow of airlines, airports, fixed based operators (FBOs) and air navigation service providers (ANSPs). The Company provides a cloud-based platform, ARiVA™, that manages and optimizes operations for our customers.

PASSUR delivers digital solutions to global aviation operations, meeting the needs of global air travel as well as supporting the recovery of the aviation industry from the COVID-19 crisis. The structure and execution of operations within the aviation industry have fundamentally changed as a result of this crisis due to the significant change in the economics required to support current conditions, return to normal operations and profitability, and assist in mitigating health risks.

PASSUR continues to apply artificial intelligence powered by machine learning to aviation data, addressing the industry’s most costly challenges, including the management and optimization of airspace, airport assets, aircraft, and day of flight operations.

The Company provides its solutions to airlines and airports in the United States, as well as an airline in Latin America. The global market presents an opportunity to network more customers in a broader market. Solutions offered by PASSUR help to ensure flight completion. They cover the entire flight life cycle, from gate to gate, and result in reductions in overall costs and carbon emissions, while maximizing revenue opportunities, improving operational efficiency, and enhancing the passenger experience.

The Company is a supplier and partner to the air transportation industry. While many of the Company’s customers are experiencing increases in air travel volume, spending to invest in programs to promote operational efficiencies and productivity usually lag such increases. As a result, the Company experienced downturns in its revenues year-to-date in fiscal 2022 and for the fiscal year 2021. The Company continues to believe that its products and professional service engagements are critical to the efficient operation of the air transportation market. See Part II, Item 1A, “Risk Factors”, in this Quarterly Report on Form 10-Q.