Australia's Wiseway Group hits 1-week high on aircraft leasing deal with U.S. firm

Wiseway

09/08/2022 03:23

** Shares of Wiseway Group Ltd  WWG.AX  jump as much as
11.1% to A$0.10, their highest since Aug. 1 
    ** Freight logistics co says it has secured an aircraft
leasing agreement with U.S.-based GA Telesis  urn:newsml:reuters.com:*:nFWN2ZK7B7
    ** Under the deal, co will be provided a Boeing 737-800 SF
and will be given 96 months' access until August 2030
    ** The aircraft will be made available by the end of August
    ** About 148,400 shares change hands, nearly 1.4 times more
than the 30-day average of 109,733 shares 
    ** Stock had fallen 62.1% this year, as of last close

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))