- AVTECH Business Update
- The Board of AVTECH Sweden AB (publ) communicates the following business update:
Currently, Aventus SIGMA (turbulence warning system) is running in the AVTECH test environment. This new product, which is the result of a technical collaboration between Met Office (UK) and AVTECH, has so far been positively reviewed in the aviation industry. The plan is to have the system fully tested during 3 months together with easyJet, planned to start within 4-6 weeks.
Recently, an agreement was also reached between Met Office (UK), easyJet, Gatwick Airport and AVTECH. The agreement includes, as a first step, that the parties submit a joint application to the SESAR Joint Undertaking to implement a large-scale Aventus-based timing system at Gatwick Airport. A request for EU part-financing of MSEK 10 is part of the application. The project is scheduled for completion in 2018/2019. This is the first time when TBO (Time Based Operation) will be able to be carried out on a large scale with the ability to measure long-term efficiency gains for airlines, airports and involved air traffic controllers. MetOffice (UK) and AVTECH have been asked to run the project .
Lufthansa Cargo has completed half of the agreed test period
Just before the turn of the year, AVTECH successfully implemented Aventus NowCast Full-flight for Lufthansa Cargo. The paid for test continues according to plans. During the late spring, a planned follow-up meeting will be held between Lufthansa Cargo, Met Office (UK) and AVTECH.