Brief: AVTECH Sweden Extends Agreement With Southwest Airlines

AVTECH Sweden AB (publ)

04/07/2019 08:51

July 4 (Reuters) - Avtech Sweden AB (publ)  AVTCHb.ST :
    * AVTECH SWEDEN AB COMMUNICATES AN EXTENSION OF THE CURRENT
AGREEMENT WITH SOUTHWEST AIRLINES.
    * CURRENT 5-YEAR AGREEMENT WITH SOUTHWEST AIRLINES HAS BEEN
EXTENDED WITH ONE YEAR.
    * OTHER CONDITIONS IN CONTRACT REMAINS UNCHANGED
    * EXCEPT FOR EXTENSION OF CURRENT CONTRACT, WITH A VALUE
EXCEEDING
USD 1.0 MILLION ON A 12-MONTH BASIS, INCREASE IN REVENUE FROM
COOPERATION WITH SOUTHWEST AIRLINES IS NOT EXPECTED BEFORE END
OF YEAR 2019

Source text for Eikon:  ID:nWkr9TR5k8 
Further company coverage:  AVTCHb.ST 

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