Commercial satellite operator Intelsat, still operating under Chapter 11 bankruptcy protection, is purchasing a large chunk of inflight connectivity provider Gogo’s business for $400 million.
Gogo CEO Oakleigh Thorne said the coronavirus pandemic is partly behind the company’s cost-saving efforts, since decreased airline traffic has had a knock-on effect on demand for passenger Wi-Fi.
Viasat CEO Mark Dankberg said the company has executed an agreement with Boeing for a third ViaSat-3 satellite, securing the last spacecraft needed for global Ka-band coverage.
Big questions that will hopefully find answers at this year’s conference include: how many satellite manufacturers and launch providers can the market support? Do markets like the Internet of Things and inflight connectivity hold as much promise as satellite operators hope? And, of course, what to satellite operators actually want?
Gogo, an inflight connectivity provider leasing capacity on dozens of satellites, bulldozed its old business plan July 13 amid looming concerns over unprofitability, encroaching debt deadlines, and a potential buyout.
Satellite connectivity provider Global Eagle Entertainment on April 2 detailed three nearly complete international connectivity deals with airlines in Europe and Asia that have the potential to increase its number of connected aircraft by a third.
Satellite connectivity provider Global Eagle Entertainment on March 8 announced $150 million in fresh capital from a private investment firm and the appointment of its second chief executive in 13 months.
Fleet operator ViaSat’s newest satellite could lose around 15 percent of its intended throughput due to an antenna problem discovered after launch.
Satellite connectivity and content provider Global Eagle Entertainment on Jan. 31 handed in the last of its late financial documents to the U.S. Securities and Exchange Commission (SEC), and expects the Nasdaq stock exchange will soon halt its delisting process.
Not so long ago, satellite operators treated inflight connectivity as a niche market — a good way to sell off capacity not already soaked up by more lucrative television broadcast, government and maritime customers.
Gogo says the larger loss it took last quarter, largely for financing airline customers’ 2Ku satellite antenna installations, will pay off meaningfully as those customers start generating revenue.
A decision by the U.S. Federal Communications Commission to allow the use of Thales FlytLive aeronautical terminals opens the market to a fourth competitive reseller in what is currently the largest regional inflight connectivity market.
Aircraft manufacturer Airbus is considering ways to add multiple antennas to planes in order to let different satellite inflight connectivity providers serve the same aircraft simultaneously.