AVTECH: The company's tablet app is promising
The Q3-result was in-line with our estimates. AVTECH communicated that the time from interest to a decision is still illogically long. The third quarter did not entail any further new commercial contracts, although the company has at least two airlines testing AVTECH’s products. The most interesting catalyst for the stock the next six months is according to us the commercial proof of concept for AVTECH’s popular tablet app proFLIGHT.