AVTECH Sweden AB (publ) Interim Report January – March 2022

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KEY FIGURES AND EVENTS 202220212021MSEKQuarter 1Quarter 4Quarter 1Net turnover4.53.62.1Operating profit before depreciation+1.6+0.9-1.2Net profit+0.7+0.1-2.0Net profit per share, SEK+0.012+0.001-0.035Cash flow-0.5+0.4-4.3Cash and cash equivalents9.710.27.8Equity25.825.124.5Equity…

AVTECH Sweden AB (publ) Year-End Report January – December 2021

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KEY FIGURES AND EVENTS 202120212020MSEKQuarter 4Quarter 3Quarter 4Net turnover3.63.42.1Operating profit before depreciation+0.9+1.0-1,1Net profit+0.1+0.2-1.6Net profit per share, SEK+0.001+0.004-0.029Cash flow+0.4+0.7+2.0Cash and cash equivalents10.29.812.1Equity25.125.026.5Equity…

AVTECH Sweden AB: Volotea selects ClearPath flight optimization service from AVTECH for improved flight efficiency and reduced emissions

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AVTECH Sweden AB (publ) and Volotea Airlines have today entered into a 3-year agreement for AVTECHs ClearPath service, with a start date of January 1[st], 2022 and an expected total value in the range of 2.2 to 3.2 MSEK dependent on fleet size…

AVTECH Sweden AB: Southwest Airlines opts for a continuation of AVTECHs Aventus Enroute Winds service after successful evaluation

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Following a trial and evaluation period, Dallas based Southwest Airlines today decided for a continuation of the Aventus Enroute Winds service. Southwest has formally accepted the optional transition to a 17-month commercial service agreement,…

AVTECH Sweden AB (publ) Interim Report January – September 2021

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       KEY FIGURES AND EVENTS 2021 2021 2020 MSEK Quarter 3 Quarter 2 Quarter 3 Net turnover 3.4 2.7 2.7 Operating profit before depreciation +1.0 +1.0 -0.2 Net…

AVTECH Sweden AB (publ) Interim Report January – June 2021

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2021 2021 2020 MSEK Quarter 2 Quarter 1 Quarter 2 Net turnover (from sales) 2.7 2.1 3.3 Operating profit before depreciation +1.0 -1.2 +0.7 Net profit +0.3 -2.0 +0.3 Net…

AVTECH and Southwest Airlines enters agreement for trial evaluation of Aventus Enroute Winds service

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AVTECH Sweden AB (publ) and Southwest Airlines have today entered into an agreement covering a 3-month trial evaluation of the Aventus Enroute Winds service, targeted to start in the fourth quarter of 2021. The agreement includes an optional…

AVTECH announces Aventus Descent Winds service extension for Southwest Airlines

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AVTECH Sweden AB (publ) announces a one-year contract extension with Southwest Airlines for the Aventus NowCast Descent Winds service. The service agreement is extended until the end of June 2022 with an expected contract value in between 5…

AVTECHs ClearPath service draws media attention

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AVTECH recently gained attention in both Swedish and foreign media in connection with "Met Office Industry Week" together with project partners Met Office and Norwegian Airlines. Focusing on the use of high-resolution weather forecasts,…

AVTECH announces a business update

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Finally, the worst of the COVID-19 crisis may be behind us and we are now seeing signs that air traffic development in the future is positive. The conditions, in part thanks to the availability of vaccines, now seem to be good for increased…