Avtech Sweden

Market Cap 185.3M

AVTECH is the current world-leader in software solutions for full flight and time-based operations. After years of significant research and commercialization issues, the company has materialized a 5 year contract for the Aventus NowCast product with Southwest Airlines (SWA), proving its commercial viability with one of the largest commercial airlines in the world. The contract with Southwest is and will be paramount to enhance its cash flow in the coming years. The contract is also important in order to extend the product portfolio into new segments and to successfully attain several other related customers in its procurement processes within the segments of low-cost airlines, legacy carriers and cargo airlines.

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