The contract has a duration of five years, with an undisclosed contract value due to contractual confidentiality and competitive reasons. Implementation will be executed in batches grouped by airport locations, starting late Q3 2014, ending Q4 2014. “The signing of a commercial contract with Southwest...
Effective immediately the Board of AVTECH today announces that it has appointed Jonas Saric as Director for AVTECH’s Business Unit Aventus NowCast and Anders Palm as Director for Consultancy. Jonas has during the last two years been employed with AVTECH as CFO, which is a position he will continue...
The Aventus NowCast™ system leverages Panasonic’s unmatched wind forecasting capabilities to optimize aircraft flights. It transmits information customized for each individual aircraft to the onboard flight management system to improve take offs and landings. Using this innovative solution...
The contract will deliver an enhanced automatic airport capacity analysis capability, which will allow Heathrow Airport to rapidly assess proposed changes to the airport infrastructure. The capability will also enhance the schedule planning process, assist in making the airport more efficient and help...
"We are very happy about the trust that we have received from the small group of financially strong external investors that are participating in the directed share issue. The issue ensures not only funds for increased long-term sales efforts, but it also provides AVTECH with flexibility and improved...
The Board of AVTECH Sweden AB (publ) (”AVTECH” or the ”Company”) has decided, ahead of the upcoming Annual General Meeting (”AGM”) on June 9 2014, to propose to the AGM to resume the quarterly dividends on the Company’s preference shares that were halted in connection...
The previously communicated value to AVTECH of the primary scope of the project is approximately 3,1 MSEK during 14 months, and the estimated maximum value of the awarded options is an additional 2,8 MSEK to the Company during the same time period. There is furthermore a potential for extension and additional...
NATS is a UK based company with a wide range of capabilities in Air Traffic Management, over 40 years’ experience delivering air navigation services in the UK, one of the busiest and most complex airspace in the world, and a range of worldwide contracts for delivering Air Traffic Management Services...
For more information, please contact Christer Staaf, CEO, +46 (0) 8 544 104 80 Jonas Saric, CFO, +46 (0) 8 544 104 80 About AVTECH Sweden AB (publ) AVTECH develops products and services for digital Air Traffic Management (ATM). Its customers include the global aviation industry; e.g. airlines, airports...
”It is with great satisfaction that I conclude that our activities in regards of implementing a long-term financing solution have been successful, well within the time-span that was allowed by the reorganization”, says Lars GV Lindberg, the Chairman of Board of AVTECH. ”The Company’s...
