New name, same focus on “innovation and future-proof solutions for customers.” That’s the message from Anuvu, the rebranded Global Eagle as it continues to transition under new ownership.
Content Service Provider
Global Eagle shifts to subscriptions with Iris content services
In-flight entertainment content powerhouse Global Eagle is officially in the content subscription game. The company launched Iris, a cost-effective inflight entertainment (IFE) subscription service for airlines, seeking to change the way content is sourced and managed for on-board consumption.
Uganda Airlines shows off cabin, content plans for A330neo fleet
With delivery of its new A330-800neo aircraft imminent, Uganda Airlines is ready for travelers to learn what the in-flight passenger experience will be like as it launches intercontinental services. The Airspace design elements from Airbus are evident throughout the cabin, as expected for a new delivery. The A zone on board features Stelia‘s Opal business […]
Panasonic Avionics’ Welcome Aboard Collection offers improved cabin safety designs
Passengers and airlines alike have different priorities these days. With those new needs in mind Panasonic Avionics (PAC) reviewed its broad range of offerings, pulling together a focused set of services and products dubbed the Welcome Aboard Collection to help airlines navigate the shifting landscape and reinforce customer confidence.
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.
Global Eagle secures $80 million DIP financing in Chapter 11 bankruptcy filing
Global Eagle will restructure and recapitalize under Chapter 11 of the US Bankruptcy code. Substantially all of the company’s assets are to be acquired for $675 million, reducing total debt by approximately $475 million. The deal also includes $80 million in fresh debtor-in-possession financing to ride out the current downturn.
IFE out as Hong Kong Airlines continues its finances collapse
For Hong Kong Airlines the future is very, very uncertain. Cuts continue it is unlikely they will be enough to keep the carrier afloat too much longer barring a significant cash infusion and restructuring of the business. This week it is the inflight entertainment system that disappeared.