AVTECH Sweden AB OMXSTO:AVT_B:

  • SAID ON FRIDAY LATAM AIRLINES S.A. IS TEMPORARILY PAUSING THE USE OF CLEARPATH FOR ITS SHORT-HAUL FLEET FOR ABOUT ONE TO TWO MONTHS

  • THIS IS EXPECTED TO REDUCE AVTECH'S REVENUES BY ABOUT SEK 0.6–1.2 MLN DURING THE PERIOD

  • PAUSE RELATED TO THE AIRLINE'S EVALUATION AND BENCHMARKING OF SEVERAL OPTIMIZATION SOLUTIONS

  • LATAM'S LONG-HAUL FLEET IS NOT AFFECTED AND WILL CONTINUE USING CLEARPATH AS BEFORE

Source text for Workspace:

Further company coverage: [AVTCHb.ST]