PaxEx.Aero

The Business of Passenger Experience

GX Aviation

PaxEx Premium: Inmarsat set to go private, change very little

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Inmarsat's financial future appears secured. A consortium of investors is poised to invest $3.4bn in the company, taking it private. The price tag represents a 45% premium from the trading rate on the day prior to speculation about the deal becoming public and 27% to the price when the official offer was published. Inmarsat's Board of Directors unanimously recommends the deal and committed their respective shares to vote in favor. The investment group is operating under the name Triton Bidco and is backed by Apax Funds, Warburg Pincus Funds, the Canada Pension Plan and the Ontario Teachers' Pension Plan.

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Air Senegal, SITAONAIR launch GX inflight connectivity in Africa

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High speed inflight wifi is now flying over Africa as Air Senegal’s A330neo enters service. The solution is powered by SITAONAIR and Inmarsat’s GX Aviation network.

Inmarsat, British Airways launch EAN connectivity in Europe

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“Finally.” That’s the sentiment as the European Aviation Network (EAN) enters service for Inmarsat and British Airways. The soft launch this week is expected to lead to more than a hundred aircraft in service by mid-year.

Qatar Airways upgrades economy class seating, amenities

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More legroom and upgraded IFE/C systems highlight the new Qatar Airways economy class experience, premiering on the new A321neo fleet later this year. The seat design may attract some complaints, however, based on similar, previous efforts by others.

PaxEx Premium: Inmarsat’s IFC revenues continue inconsistent growth

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Another quarterly earnings report from Inmarsat and another bullish report on inflight connectivity revenue. The group reported IFC revenues more than doubled to $101.3m for the full year. As revenue and install count continues to grow Inmarsat is optimistic, though the underlying numbers suggest the potential remains unrealized.

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Jet Airways restructures; is WiFi on the way?

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Can Jet Airways climb out of its financial funk to become the first Indian airline offering inflight wifi connectivity on board? Global Eagle is ready to execute, assuming the airline finds its fiscal footing.

PaxEx Premium: Mahata joins the IFC financing fray

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Is there a secret to better financing of inflight connectivity solutions? Indonesia's Mahata Aero Technology (MAT) is the latest to take that plunge, with an arrangement to cover the costs for Garuda and Citilink. The deal relies on partnerships with suppliers Lufthansa Systems, Lufthansa Technik and Inmarsat, along with what MAT Executive Director Iwan Setiawan describes as "a unique business model" that is proving successful in its preliminary state.

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Garuda, Inmarsat ink contract on GX inflight wifi

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Indonesian national carrier Garuda is expanding its inflight wifi commitment with Inmarsat’s GX Aviation solution. The move follows the selection earlier this year by Citilink, an LCC carrier in the Garuda Group, to install the same kit. The signed contract also quashes any hopes Global Eagle still had of resuscitating its deal with the carrier.

Quick Connect: Citilink goes live on Inmarsat GX

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Call it one of the fastest inflight wifi deployment project in history. Inmarsat announced today that its GX Aviation product is live for customers on Citilink Indonesia. The project, spearheaded by Indonesian telecoms provider Mahata Aero Teknologi (MAT), took just six months from the signing of a contract to activation on the first aircraft.

Lounge access, booze and crew bases: Cuts galore at Norwegian

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Cost-cutting at Norwegian kicked in to high gear this month. The carrier is trimming expenses in several areas as it seeks to shore up its books. The cuts affect passengers and crew alike, demonstrating just how critical and broad the efforts are. The carrier hopes that the moves will improve profitability and reduce the cost […]