Can Astronics deliver a breakout in its AeroSat division? The company is doubling down on the BizAv segment in hopes of delivering a huge sales win for its antenna systems, thanks to a new partnership and marketing push.
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Thales scores a pair of China Southern wins at Zhuhai Air Show
This year’s Zhuhai Air Show in China delivered little significant commercial aircraft news. Standing out in the event the partnership between Thales and China Southern offered up a pair of new deals. The two companies have a strong relationship dating back nearly 20 years and this week’s moves further those ties.
PaxEx Premium: Global Eagle boosts aero revenue, aircraft backlog
Global Eagle posted strong revenue numbers in Q3, with its content and aviation connectivity segments showing particular strength. The company also announced a couple "take away" deals that see it grabbing business from competitors. Those moves come at a cost, however, especially on the connectivity side. The increased revenue from these deals over the long term is welcome but a short term cash crunch could be bad for business.
PaxEx Premium: Inmarsat boosts GX revenue, cuts costs in Q3
Inmarsat reported a jump in inflight connectivity revenue in Q3, continuing the activation and growth of its GX Aviation solution on aircraft around the world. The numbers suggest additional frames are finally generating revenue, a welcome advance for the company after the first such income was generated just last quarter. Inmarsat also disclosed that at least two recently announced customer wins remain as unsigned, lending credibility to claims that the deals are not yet final. The company also outlined additional details on how it expects the Panasonic partnership to grow.
PaxEx Premium: Looking ahead to Global Eagle’s earnings
Another fleet added to the Gogo AVANCE L3 portfolio
Coming on the heels of yesterday’s strong earnings report for Gogo’s Business Aviation segment the company announced a new deal today for the Gogo AVANCE L3 platform. Fractional jet services operator Airshare will equip its fleet of Embraer Phenom 100 aircraft with the kit, bringing inflight wifi connectivity online for its customers.
Gogo’s strong Q3 offset by global ARPA concerns
Gogo revised its expectations for 2020 and beyond, announcing updated goals as the company continues its drive towards profitability. Alas, details on those revised targets will not be shared with investors. CEO Oakleigh Thorne shared that the new math takes into account "more realistic expectations" of satellite costs and the shift to the airline-directed model. Assuming the new numbers are part of the Q3 '18 numbers they should help the company significantly, though there are indications some parts of the operation could revert to higher costs. The inability for global revenue to keep pace with growth in North America is also concerning given the company's current backlog.
PaxEx Premium: Second-guessing the Garuda/Inmarsat GX deal
Today's announcement of Garuda's deal with Inmarsat to fit its full fleet with Global Xpress for inflight connectivity came as a surprise to many in the industry. Notable among them, the other vendors still expecting the RFP process to begin in earnest. Was this announcement premature??
Who LUVs free movies in flight??
Southwest Airlines dropped a fee this week. The carrier long offered movies on its flights, streamed to a passenger device, for $5. That content is now free. The new pricing took effect today and is rolling out across the fleet throughout the week.
Garuda goes GX for inflight connectivity
Garuda Indonesia is the latest carrier to get online in the sky. The airline announced today that it will fly Inmarsat’s Global Xpress kit on its fleet, starting with the A330s early next year.