Brief: Avtech, Volaris Enter Agreement With Expected Value SEK 8-14 Million

AVTECH Sweden AB (publ)

14/03/2023 07:32

March 14 (Reuters) - Avtech Sweden AB (publ)  AVTCHb.ST :
    * AVTECH AND VOLARIS ENTER AGREEMENT FOR CLEARPATH AND
AVENTUS
SERVICES
    * AGREEMENT HAS AN EXPECTED VALUE IN RANGE OF 8 TO 14 MSEK
    * ENTERED INTO A 3-YEAR AGREEMENT COVERING AVTECHS CLEARPATH
AND
AVENTUS WINDS SERVICES, WITH A TARGET START DATE IN MARCH 2023
    * DEAL VALUE DEPENDENT ON NUMBER OF AIRCRAFT AND USD
EXCHANGE
RATE, AND INCLUDES 3-MONTH EVALUATION PERIOD WITH OPTION TO
DISCONTINUE

Source text for Eikon:  ID:nMFNcf2Xhf 
Further company coverage:  AVTCHb.ST 

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