AVTECH: Highest per aircraft revenue yet - Redeye
Redeye comments on AVTECH's latest customer addition. AVTECH signed an agreement for ClearPath with the airline Volaris. Volaris has a fleet of about 120 aircrafts, growing at a CAGR of 20% since 2006. The agreement is worth SEK8m-SEK14m over three years. The revenue per aircraft is the higest among AVTECH's customer so far at SEK0.03 per aircraft. We view the agreement as favorable and expect the shares to close in on our base case.
Länk till analysen i sin helhet: https://www.redeye.se/research/889301/avtech-highest-per-aircraft-revenue-yet?utm_source=finwire&utm_medium=RSS