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.
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 contactBo Redeborn, Chairman of the board +46 (0) 8 544 104 80David Rytter, CEO, +46 (0) 8 544 104 80 This information is information