Avtech: Extends Southwest contract worth SEK38m-52m - Redeye
AVTECH has announced an extension of its Southwest agreement, which holds a value of SEK38m-52m over the duration of the contract or SEK13m-17m per year, contingent upon the USD/SEK exchange rate. Based on our calculations, the new contract is estimated to be approximately 12%-17% higher in value compared to the previous agreement. Consequently, we have adjusted our estimates accordingly.
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