Eutelsat has big new plans for selling retail broadband services across Europe. The company will acquire Bigblu Broadband (excluding its Nordics operations) for 38 million GBP. The deal brings approximately 50,000 customers into the network.
IFEC
Gogo to trim headcount as recovery optimism weakens
Gogo is eliminating 143 fulltime positions, predominantly from the Company’s Commercial Aviation business. The move aims to “align the scale of its organization with current demand for aviation connectivity services” as the current industry downturn continues to impact its revenue, especially in the commercial aviation segment.
Eutelsat, Intelsat team up to sell QUANTUM capacity in MENA
When Eutelsat’s QUANTUM enters service in 2021 it will have two companies working to sell its capacity. A new deal with Intelsat announced today allows both companies to sell the satellite’s Ku-band capacity to customers.
Connectivity: Splitsville
‘Tis the season for restructuring in the aviation world. And for one supplier a deal years in the making may finally be on the horizon.
Panasonic Avionics appoints Joe Bentley as CTO
Panasonic Avionics has a new Chief Technology Officer. The company announced that Joe Bentley will fill the role vacated by David Bartlett in January. Bentley’s career at PAC begins today.
American Airlines takes control with new WiFi portal launch
American Airlines completed its inflight connectivity systems upgrade last year and now is taking that more difficult step, harmonizing the login portal for its passengers. An updated, unified interface deploys on the Viasat and Gogo-fitted aircraft this month.
Long live the Queen: The Weekly Wrap
Some 747 farewells transitioning into possible electric aircraft growth. Plus an interview about the upcoming FTE/APEX Virtual Expo and lots more!
Viasat raises $175 million in share sale
Viasat’s liquidity got a strong boost this week the company placed $175 million in shares through private transactions. The deal bolsters Viasat’s cash balance while not assuming additional debt, an important longer term factor for the company’s success.
Deutsche Telekom expands free GX Aviation wifi offering on Lufthansa Group flights
Inmarsat, Deutsche Telekom, and the Lufthansa Group are extending their complimentary inflight wifi access plan. First launched in July 2019, the companies increased the number of covered customers in April 2020 and intend to keep the program alive at least through December 2021.
Global Eagle refocuses on long-term outlook
There is an air of optimism, of relief emanating from the C-Suite at Global Eagle this week. And, to be sure, a realization that massive amounts of work remain for the company to truly succeed, but a conversation with CEO Josh Marks and President Per Noren suggests massive optimism now that the company’s interest payment burdens halve thanks to an agreement to convert debt to equity through the Chapter 11 bankruptcy filing made on Wednesday.