AVTECH: More potential customers will likely pause contract processes
Research Note
2020-03-20
15:19
AVTECH today announced that one of its potential customers, the European charter airline group has paused the contract process for an Aventus Full-flight service agreement. This is somewhat expected news to us. And the recent Corona-virus events are the reason for Redeye’s scenario analysis with its bear, base and bull-cases. Our view on the AVTECH-stock and its mid-term prospects has shifted to bear-mode.
TO
HA
Tomas Otterbeck
Henrik Alveskog
Disclosures and disclaimers