Brief: Avtech Sweden Says Southwest Airlines Opts For A Continuation Of AVTECHs Aventus Enroute Winds Service After Successful Evaluation

AVTECH Sweden AB (publ)

17/01/2022 17:17

Jan 17 (Reuters) - Avtech Sweden AB (publ)  AVTCHb.ST :
    * SOUTHWEST AIRLINES OPTS FOR A CONTINUATION OF AVTECHS
AVENTUS
ENROUTE WINDS SERVICE AFTER SUCCESSFUL EVALUATION
    * AVTECH SWEDEN AB (PUBL)  AVTCHb.ST  - SOUTHWEST HAS
FORMALLY
ACCEPTED OPTIONAL TRANSITION TO A 17-MONTH COMMERCIAL SERVICE
AGREEMENT 
    * AVTECH SWEDEN AB - AGREEMENT HAS A START DATE OF FEBRUARY
1ST,
2022 AND AN EXPECTED VALUE IN RANGE OF 16 TO 21 MSEK, DEPENDENT
ON USD EXCHANGE RATE 
    * AVTECH SWEDEN AB- INCLUDES BOTH AVENTUS DESCENT AND
AVENTUS
ENROUTE WINDS SERVICES, AND THEREBY REPLACES PREEXISTING AVENTUS
DESCENT AGREEMENT PRICING 
    * AVTECH SWEDEN AB (PUBL)  AVTCHb.ST  - SERVICE IS ALREADY
DEPLOYED AND IN USE BY ALL SOUTHWEST'S AIRCRAFT 

Source text for Eikon:  ID:nWkr49lSqs 
Further company coverage:  AVTCHb.ST 

 ((Reuters.Briefs@thomsonreuters.com;))