Enter Air signs $51 mln deal with Itaka
20:11
WSE-listed charter air carrier Enter Air signed a $51 million contract with tour operator Itaka for the next year’s summer and winter seasons. The deal is valid through April 30, 2019 and is higher than the previous one by some $2 million.
The company notes that the value of the contract is estimated as the value of benefits is influenced by a number of variables, including the cancellation scheme for individual flights provided for in the contract and variable cost components.
So far this year, Enter Air signed an $81.4 million deal with TUI Poland and $46.3 million contracts with Rainbow Tours.