08 Dec, 2016
Regulatory
MAR
The Board of AVTECH Sweden AB (publ) ("AVTECH" or "the Company") today announces the following Business Update: Further delays regarding the easyJet project Following the previously communicated data collection phase in regards to AVTECH’s commercial contract with easyJet on...
07 Nov, 2016
Regulatory
MAR
AVTECH Sweden AB, with processing and sending advanced information in real-time to the cockpit and aircraft systems as one of its core businesses, today announces that it has entered an agreement with Icelandair ehf, to setup and support their advanced ACARS data transmissions during a limited 3-month...
04 Nov, 2016
Regulatory
MAR
The Etihad Request for Proposal process has ended Starting in November 2014 AVTECH performed a two-month commercial evaluation contract with Etihad. This evaluation proved that Aventus Descent generates fuel savings of in between 13-96 kg of jet fuel per descent over one of AVTECH’s main competitors...
18 Oct, 2016
Regulatory
MAR
The Met Office has been at the forefront of global weather and climate science for 160 years. ”We combine the latest science with ground breaking advances in technology and local understanding to deliver operational advantage to all sectors of the aviation industry - airlines, airports, air traffic...
17 Oct, 2016
Regulatory
MAR
AVTECH Sweden AB (publ) ("AVTECH", the "Company") today announces that it has entered into an agreement with Lufthansa Cargo AG on implementation of AVTECH's Aventus NowCast Full flight service ("Aventus"). The contract covers a 10 months paid trial for Lufthansa Cargo's...
12 Oct, 2016
Regulatory
MAR
EasyJet The data collection phase of the contract with EasyJet was successfully completed one month ago. As soon as the full data set has been received the analysis is expected to take 3 to 4 weeks. If nothing technically unexpected occurs, during the analysis part of the project, the expansion of the...
Cost savings programme The previously announced cost savings programme has been finalized according to plan, resulting in a reduction of the Company’s fixed costs of approximately 40%. The Company’s fixed cost base, not including costs for weather delivery, is now approximately 850 000 SEK/month...
AVTECH Sweden AB (publ) ("AVTECH", "the Company") today announces that the Company recently executed its second millionth Aventus NowCast revenue flight, helping airlines save significant amounts of fuel and in excess of 100 million metrical tonnes of CO2 since large scale roll-out...
AVTECH Sweden AB (publ) ("AVTECH" or "the Company") today announces the following management changes: David Rytter, the former Technical Head within the Aventus NowCast Business Area has entered into a newly created position as Chief Technical Officer for all technical areas within...
The Board of AVTECH Sweden AB (publ) ("AVTECH" and / or "the Company") today announces that the Board of Directors, following discussions initiated by and in full agreement with the company's CEO Christer Staaf, has decided to as of March 1, 2016 change the CEO of Company. Christer...