﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0" xmlns:media="http://search.yahoo.com/mrss/"><channel><title>Cision News</title><link>https://news.cision.com</link><description>Cision is the leading global provider of media research, distribution, monitoring and evaluation services. With over 40 locations throughout the world, Cision provides the insight, expertise and intelligence that improve performance and build reputations.</description><pubDate>Tue, 09 Jun 2026 10:05:09 GMT</pubDate><image><title>Cision News</title><width>146</width><height>60</height><link>https://news.cision.com</link><url>https://news.cision.com/Content/img/news-logo.png</url></image><item><title>Volotea selects ClearPath flight optimization service from AVTECH for improved flight efficiency and reduced emissions</title><link>https://news.cision.com/avtech-sweden-ab/r/volotea-selects-clearpath-flight-optimization-service-from-avtech-for-improved-flight-efficiency-and,c3491934</link><guid isPermaLink="false">cision4166615</guid><description><![CDATA[AVTECH Sweden AB (publ) and Volotea Airlines have today entered into a 3-year agreement for AVTECHs ClearPath service, with a start date of January 1[st], 2022 and an expected total value in the range of 2.2 to 3.2 MSEK dependent on fleet size and EUR exchange rate.
The ClearPath flight optimization service, based on state-of-the-art high-resolution aviation weather forecasting from the Met Office, provides precise and tailored tactical decision support for Voloteas pilots to improve the efficiency of each individual flight. By providing its flight crews with up-to-date guidance on the most]]></description><pubDate>Tue, 25 Jan 2022 13:40:00 GMT</pubDate></item><item><title>Southwest Airlines opts for a continuation of AVTECHs Aventus Enroute Winds service after successful evaluation</title><link>https://news.cision.com/avtech-sweden-ab/r/southwest-airlines-opts-for-a-continuation-of-avtechs-aventus-enroute-winds-service-after-successful,c3487583</link><guid isPermaLink="false">cision4160667</guid><description><![CDATA[Following a trial and evaluation period, Dallas based Southwest Airlines today decided for a continuation of the Aventus Enroute Winds service. Southwest has formally accepted the optional transition to a 17-month commercial service agreement, as included in the previously communicated trial contract.

The agreement has a start date of February 1st, 2022 and an expected value in the range of 16 to 21 MSEK, dependent on USD exchange rate.  This includes both the Aventus Descent and Aventus Enroute winds services, and thereby replaces the preexisting Aventus Descent agreement pricing.]]></description><pubDate>Mon, 17 Jan 2022 17:05:00 GMT</pubDate></item><item><title>AVTECH Sweden AB (publ) Interim Report January – September 2021</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-sweden-ab--publ--interim-report-january---september-2021,c3442053</link><guid isPermaLink="false">cision4101037</guid><description><![CDATA[KEY FIGURES AND EVENTS

                                           2021       2021       2020
MSEK                                  Quarter 3  Quarter 2  Quarter 3
Net turnover                                3.4        2.7        2.7
Operating profit before depreciation       +1.0       +1.0       -0.2
Net profit                                 +0.2       +0.3       -0.6
Net profit per share, SEK                +0.004     +0.006     -0.011
Cash flow                                  +0.7       +1.3       -2.6
Cash and cash equivalents                   9.8        9.1       10.2]]></description><pubDate>Thu, 28 Oct 2021 06:30:00 GMT</pubDate></item><item><title>AVTECH Sweden AB (publ) Interim Report January – June 2021</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-sweden-ab--publ--interim-report-january---june-2021,c3403402</link><guid isPermaLink="false">cision4049128</guid><description><![CDATA[2021       2021       2020
MSEK                                  Quarter 2  Quarter 1  Quarter 2
Net turnover (from sales)                   2.7        2.1        3.3
Operating profit before depreciation       +1.0       -1.2       +0.7
Net profit                                 +0.3       -2.0       +0.3
Net profit per share, SEK                +0.006     -0.035     +0.005
Cash flow                                  +1.3       -4.3       +0.5
Cash and cash equivalents                   9.1        7.8       12.8
Equity                                     24.8       24.5       28.8]]></description><pubDate>Thu, 26 Aug 2021 06:30:00 GMT</pubDate></item><item><title>AVTECH and Southwest Airlines enters agreement for trial evaluation of Aventus Enroute Winds service</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-and-southwest-airlines-enters-agreement-for-trial-evaluation-of-aventus-enroute-winds-service,c3383703</link><guid isPermaLink="false">cision4025854</guid><description><![CDATA[AVTECH Sweden AB (publ) and Southwest Airlines have today entered into an agreement covering a 3-month trial evaluation of the Aventus Enroute Winds service, targeted to start in the fourth quarter of 2021. The agreement includes an optional transition to a 17-month commercial service contract in the first quarter of 2022 with an expected value in between 3.5 and 7 MSEK, dependent on number of flights and USD exchange rate.

The Aventus Enroute Winds service provides, as an addition to the Aventus Descent Winds service already in use, highly accurate and tailored enroute wind information]]></description><pubDate>Fri, 16 Jul 2021 07:00:00 GMT</pubDate></item><item><title>AVTECH announces Aventus Descent Winds service extension for Southwest Airlines</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-announces-aventus-descent-winds-service-extension-for-southwest-airlines,c3375349</link><guid isPermaLink="false">cision4011526</guid><description><![CDATA[AVTECH Sweden AB (publ) announces a one-year contract extension with Southwest Airlines for the Aventus NowCast Descent Winds service. The service agreement is extended until the end of June 2022 with an expected contract value in between 5 and 10 MSEK, dependent on number of flights and USD exchange rate.

The Aventus NowCast Descent winds service today delivers highly accurate and tailored descent wind and temperature information in real-time to all Southwest Airline’s aircraft and routes. This leads to improved aircraft automation while reducing the CO[2] footprint and flight crew]]></description><pubDate>Mon, 28 Jun 2021 15:40:00 GMT</pubDate></item><item><title>AVTECHs ClearPath service draws media attention</title><link>https://news.cision.com/avtech-sweden-ab/r/avtechs-clearpath-service-draws-media-attention,c3362963</link><guid isPermaLink="false">cision3994902</guid><description><![CDATA[AVTECH recently gained attention in both Swedish and foreign media in connection with "Met Office Industry Week" together with project partners Met Office and Norwegian Airlines. Focusing on the use of high-resolution weather forecasts, AVTECH's latest product ClearPath was presented and how it already today helps airlines fly more efficient resulting in a directly reduced environmental impact.

With Norwegian as the launch customer, AVTECH presented how ClearPath benefits from new high-resolution weather forecasts from the Met Office and how ClearPath enables a fuel saving of 1.6% at]]></description><pubDate>Tue, 08 Jun 2021 09:00:00 GMT</pubDate></item><item><title>AVTECH announces a business update</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-announces-a-business-update,c3348097</link><guid isPermaLink="false">cision3975268</guid><description><![CDATA[Finally, the worst of the COVID-19 crisis may be behind us and we are now seeing signs that air traffic development in the future is positive. The conditions, in part thanks to the availability of vaccines, now seem to be good for increased flying over the next six months. AVTECH's revenues have increased slightly in the first few months of the year and we now predict continued increased sales as air traffic recovers.
The North American market already shows traffic figures of between 85-110% of 2019 traffic, while Europe, which is lagging behind with vaccinations, is still at a low level]]></description><pubDate>Mon, 17 May 2021 14:15:00 GMT</pubDate></item><item><title>AVTECH Sweden AB (publ) Interim Report January - March 2021</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-sweden-ab--publ--interim-report-january---march-2021,c3334997</link><guid isPermaLink="false">cision3957827</guid><description><![CDATA[KEY FIGURES AND EVENTS

                                           2021       2020       2020
MSEK                                  Quarter 1  Quarter 4  Quarter 1
Net turnover                                2.1        2.1        4.0
Operating profit before depreciation       -1.2       -1.1       +0.3
Net profit                                 -2.0       -1.6       +0.0
Net profit per share, SEK                -0.035     -0.029     +0.000
Cash flow                                  -4.3       +2.0       -1.0
Cash and cash equivalents                   7.8       12.1       12.3]]></description><pubDate>Wed, 28 Apr 2021 06:30:00 GMT</pubDate></item><item><title>AVTECH SWEDEN AB (PUBL) YEAR-END REPORT JANUARY - DECEMBER 2020</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-sweden-ab--publ--year-end-report-january---december-2020,c3285644</link><guid isPermaLink="false">cision3890204</guid><description><![CDATA[KEY FIGURES AND EVENTS

                                           2020       2020       2019
MSEK                                  Quarter 4  Quarter 3  Quarter 4
Net turnover                                2.1        2.7        3.4
Operating profit before depreciation       -1.1       -0.2       +0.1
Net profit                                 -1.6       -0.6       -0.7
Net profit per share, SEK                -0.029     -0.011     -0.013
Cash flow                                  +2.0       -2.6       +2.8
Cash and cash equivalents                  12.1       10.2       13.3]]></description><pubDate>Fri, 12 Feb 2021 07:30:00 GMT</pubDate></item><item><title>AVTECH's webinar on ClearPath generates great interest</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-s-webinar-on-clearpath-generates-great-interest,c3277909</link><guid isPermaLink="false">cision3880192</guid><description><![CDATA[AVTECH’s Aircraft IT live webinar (https://www.aircraftit.com/webinars/real-time-flight-path-optimizer-solution-demo-and-overview-webinar/?area=ops) on January 28, 2021, focused on the companys ClearPath flight optimization service generated a lot of interest. The webinar was conducted in two separate and well-attended sessions with a total of 158 registered participants from 97 airlines.

The webinar was held with the objective of providing participants an overview of the challenges currently associated with flying an optimal flight profile as well as an understanding of ClearPath and]]></description><pubDate>Tue, 02 Feb 2021 11:30:00 GMT</pubDate></item><item><title>AVTECH Sweden AB (publ) communicates a business update</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-sweden-ab--publ--communicates-a-business-update,c3249272</link><guid isPermaLink="false">cision3843943</guid><description><![CDATA[Marketing effort and new Marketing Manager

With an increasing customer interest in environmentally sound flying and a market situation where airlines can start planning for a restart, now seems the right time for us to significantly increase our market efforts. We see an increased customer interest in our new cruise optimization product, which has already resulted in several airlines queuing for a test. It is now of utmost importance that our offer reaches as many airlines as possible. During the fourth quarter, we have already more than doubled our directs sales efforts towards]]></description><pubDate>Fri, 04 Dec 2020 10:15:00 GMT</pubDate></item><item><title>Change of ownership in AVTECH Sweden AB (publ)</title><link>https://news.cision.com/avtech-sweden-ab/r/change-of-ownership-in-avtech-sweden-ab--publ-,c3236300</link><guid isPermaLink="false">cision3826988</guid><description><![CDATA[Holders of unlisted A-shares in AVTECH acquire A-shares from former board member
Lars Lindberg, former board member of AVTECH Sweden AB (publ), sells his entire holding of A-shares totaling 2,126,683, corresponding to approximately 3.8% of the capital and 16.9% of the votes. The buyers are the other board members of AVTECH, the majority of the other A-shareholders and the company's CEO, David Rytter.

"It is gratifying that so many long-term owners are interested in increasing their ownership in times when we are all under pressure from the pandemic.", says Bo Redeborn, Chairman of the]]></description><pubDate>Thu, 12 Nov 2020 15:00:00 GMT</pubDate></item><item><title>New technology to support a greener aviation recovery</title><link>https://news.cision.com/avtech-sweden-ab/r/new-technology-to-support-a-greener-aviation-recovery,c3231759</link><guid isPermaLink="false">cision3825520</guid><description><![CDATA[AVTECH's Cruise Profile Optimizer saves fuel and lowers CO2 emissions with a guaranteed 1.6% cruise fuel saving.
AVTECH’s latest Cruise Profile Optimizer service provides pilots with tactical information on how to operate each individual flight in the most efficient way. The service has been in operational use in Norwegian since autumn 2019 and has shown an average of 1.6% cruise fuel saving per flight.

While reducing CO2 emissions the service also saves fuel costs for the airline. This makes the service a perfect part of an airline's strategy to recover from the covid-19 crisis and to]]></description><pubDate>Wed, 11 Nov 2020 10:00:00 GMT</pubDate></item><item><title>AVTECH Sweden AB (publ) INTERIM REPORT January - September 2020</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-sweden-ab--publ--interim-report-january---september-2020,c3227968</link><guid isPermaLink="false">cision3816056</guid><description><![CDATA[KEY FIGURES AND EVENTS 

                                      2020       2020       2019
MSEK                                  Quarter 3  Quarter 2  Quarter 3
Net turnover                          2.7        3.3        4.0
Operating profit before depreciation  -0.2       +0.7       +1.5
Net profit                            -0.6       +0.3       +0.6
Net profit per share, SEK             -0.011     +0.005     +0.011
Cash flow                             -2.6       +0.5       +0.1
Cash and cash equivalents             10.2       12.8       13.4
Equity]]></description><pubDate>Fri, 30 Oct 2020 07:30:00 GMT</pubDate></item><item><title>Change of CFO in AVTECH Sweden AB (publ)</title><link>https://news.cision.com/avtech-sweden-ab/r/change-of-cfo-in-avtech-sweden-ab--publ-,c3211660</link><guid isPermaLink="false">cision3792519</guid><description><![CDATA[Britt-Marie Lodenius has after three years as CFO of AVTECH Sweden AB (publ) (the “Company”) decided to move on to new challenges and will in December 2020 leave her position in the company.

Christina Zetterlund has been recruited and appointed as new CFO for the company. She has extensive experience of finance and accounting work in several industries and comes most recently from Bioteria Technologies AB. She will start her position in early December 2020.

“We thank Britt-Marie for her long-standing commitment and effort and congratulate her on her continued career. At the same time,]]></description><pubDate>Wed, 07 Oct 2020 06:30:00 GMT</pubDate></item><item><title>AVTECH enters Aventus Full-flight winds service agreement valued at approximately 1 to 2 million SEK</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-enters-aventus-full-flight-winds-service-agreement-valued-at-approximately-1-to-2-million-sek,c3193569</link><guid isPermaLink="false">cision3767840</guid><description><![CDATA[AVTECH Sweden AB has signed an agreement with TUI Airlines covering the Aventus NowCast Full-Flight Wind Uplink service. The two-year service agreement has an expected value of between 1 and 2 million SEK, depending on fleet utilisation. The service has been deployed as part of a trial which started in 2019 and the service start date is retrospective from December 2019.

Under the agreement AVTECH is providing highly accurate and tailored weather uplinks to TUI’s UK, Belgian, Dutch and Swedish airlines, operating a total of 120 aircraft on both short and long-haul flights. The agreement]]></description><pubDate>Mon, 14 Sep 2020 10:15:00 GMT</pubDate></item><item><title>Lars Lindberg resigns as board member of AVTECH Sweden AB (publ)</title><link>https://news.cision.com/avtech-sweden-ab/r/lars-lindberg-resigns-as-board-member-of-avtech-sweden-ab--publ-,c3191390</link><guid isPermaLink="false">cision3765267</guid><description><![CDATA[Board member Lars Lindberg has at his own request chosen to resign from the board of AVTECH Sweden AB (publ) (the "Company") due to an increased workload in other assignments. Lars Lindberg has had a role in the company for a long time and the Board thanks him for his solid work efforts. Lars resigns with immediate effect.

“It has been a privilege to take part in the development and implementation of the digitization of the air transport system. AVTECH Sweden is well positioned for the optimization of aircraft operations resulting in minimized environmental impact as air traffic starts]]></description><pubDate>Wed, 09 Sep 2020 06:30:00 GMT</pubDate></item><item><title>Nasdaq Stockholm Disciplinary Board imposes a penalty of 4 annual fees on AVTECH Sweden AB (publ) for deficiencies in the following of information disclosure rules</title><link>https://news.cision.com/avtech-sweden-ab/r/nasdaq-stockholm-disciplinary-board-imposes-a-penalty-of-4-annual-fees-on-avtech-sweden-ab--publ--fo,c3185575</link><guid isPermaLink="false">cision3757716</guid><description><![CDATA[AVTECH Sweden AB (publ) (the "Company") has been informed of a decision from the Disciplinary Board of Nasdaq Stockholm that the Company is required to pay a penalty of 4  annual fees  a' SEK 100,000 for not having published information in accordance with the Regulations on two occasions.

The first occasion is the agreement with Norwegian on 11 December 2018 where a minor delay occurred and where the decision to postpone publication was not properly documented. The second occasion is the publication of the notice of the Annual General Meeting on 2 April 2020, where full information on]]></description><pubDate>Mon, 31 Aug 2020 06:30:00 GMT</pubDate></item><item><title>AVTECH SWEDEN AB (publ) INTERIM REPORT JANUARY - JUNE 2020</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-sweden-ab--publ--interim-report-january---june-2020,c3183116</link><guid isPermaLink="false">cision3754571</guid><description><![CDATA[KEY FIGURES AND EVENTS

                                           2020       2020       2019
MSEK                                  Quarter 2  Quarter 1  Quarter 2
Net sales                                   3.3        4.0        3.8
Operating profit before depreciation       +0.7       +0.3       +1.4
Net profit                                 +0.3       +0.0       +0.5
Net profit per share, SEK                +0.005     +0.000     +0.008
Cash flow                                  +0.5       -1.0       -0.8
Cash and cash equivalents                  12.8       12.3       13.3]]></description><pubDate>Fri, 28 Aug 2020 06:50:00 GMT</pubDate></item><item><title>AVTECH announces a one-year contract extension with Southwest Airlines for the Aventus NowCast Descent Winds service, with a contract value between 4.4 MSEK and 9.3 MSEK, dependent on nr. of flights.</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-announces-a-one-year-contract-extension-with-southwest-airlines-for-the-aventus-nowcast-desce,c3142187</link><guid isPermaLink="false">cision3703875</guid><description><![CDATA[AVTECH Sweden AB has extended the current Aventus NowCast Descent service agreement with Southwest Airlines until the end of June 2021. The pricing model has been changed from a fixed price to a per-flight model in support of the airline’s recovery from covid-19 induced reductions to flight schedules.

The expected contract value is between 4.4 and 9.3 MSEK, dependent on the number of flights utilizing the service.

For more information, please contact
Bo Redeborn, Chairman of the board +46 (0) 8 544 104 80
David Rytter, CEO, +46 (0) 8 544 104 80

This information is information]]></description><pubDate>Thu, 25 Jun 2020 15:15:00 GMT</pubDate></item><item><title>AVTECH SWEDEN AB (publ) INTERIM REPORT JANUARY - MARCH 2020</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-sweden-ab--publ--interim-report-january---march-2020,c3100840</link><guid isPermaLink="false">cision3652064</guid><description><![CDATA[KEY FIGURES AND EVENTS

MSEK                                         2020    2019   2019
                                               Q1      Q4     Q1
Net sales                                     4,0     3,8    4,1
Operating profit before depreciation         +0,3    +0,5   +0,9
Net profit                                    0,0    -0,3   +0,1
Net profit per share, SEK                     0,0  -0,005  0,002
Cash flow                                    -1,1    +0,2   -1,0
Cash and cash equivalents                    12,3    13,3   14,1
Equity]]></description><pubDate>Thu, 30 Apr 2020 06:30:00 GMT</pubDate></item><item><title>AVTECH announces an adjustment of 2019 earnings</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-announces-an-adjustment-of-2019-earnings,c3069539</link><guid isPermaLink="false">cision3610268</guid><description><![CDATA[As a result of the revision of the 2019 financial statements previously published results need to be adjusted downwards by SEK 394,356. This is caused by reduced claims in a climb optimization development project. In accordance with a recommendation from our auditors, the receivables are now fully written off in the 2019 financial statements.

For more information, please contact
Bo Redeborn, Chairman of the board +46 (0) 8 544 104 80
David Rytter, CEO, +46 (0) 8 544 104 80
 

This is information that AVTECH Sweden AB (publ) is obliged to make public pursuant to the EU Market Abuse]]></description><pubDate>Thu, 26 Mar 2020 12:00:00 GMT</pubDate></item><item><title>AVTECH provides a business update regarding COVID-19</title><link>https://news.cision.com/avtech-sweden-ab/r/avtech-provides-a-business-update-regarding-covid-19,c3068143</link><guid isPermaLink="false">cision3608840</guid><description><![CDATA[AVTECH's management hereby wishes to provide the following update due to the ongoing global coronavirus (COVID-19) outbreak.
The 2020 fiscal year was expected to be a positive year for AVTECH with several new customers as well as expanded collaboration with existing customers. This picture has now changed drastically with the global spread of the corona virus and the resulting reduced demand for air travel.
Today we have a portfolio of products that are of interest to airlines in times of environmental concerns and cost savings. For this year the portfolio has been strengthened with a]]></description><pubDate>Wed, 25 Mar 2020 10:00:00 GMT</pubDate></item></channel></rss>