Astronics is ready to move beyond the AeroSat antenna challenges of years past. In today’s quarterly earnings call CEO Peter Gundermann exuded confidence in the potential for the company’s latest partnership, with SES and Collins Aerospace, for a tail-mount solution to fly on larger biz jets.
Intelsat
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.
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.
KLM kicked offline by Intelsat 29e outage
When the Intelsat 29e satellite failed last month anchor tenant Panasonic Avionics indicated that it had mitigated the loss of capacity for all customers. One airline is now suggesting the mitigation efforts were insufficient.
PaxEx Premium: Mitigating the loss of Intelsat 29e for inflight connectivity
Last week's anomaly on the Intelsat 29e satellite took the Ku-band system temporarily offline. Further details now suggest that a recovery is increasingly unlikely. While that has a short-term impact on the inflight connectivity market a deeper review suggests that the overall exposure could be mitigated relatively quickly.
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Intelsat 29e failure hits Panasonic Avionics inflight wifi capacity
This content was available to PaxEx Premium subscribers first. Sign up now to get early access to the IFEC news that matters most. What happens when gigabits of capacity goes offline? Passengers and inflight connectivity providers alike are about to find out. Intelsat 29e, the first of the Epic Ku-band High Throughput Satellites, suffered a […]
Epic Troubles: Satellite failure slashes inflight wifi capacity
What happens when gigabits of capacity goes offline? Passengers and inflight connectivity providers alike are about to find out. Intelsat 29e, the first of the Epic Ku-band High Throughput Satellites, suffered a fuel leak on 7 April 2019, followed by a second issue on 9 April. The satellite is in "safe mode" meaning all customer-facing services are disabled as the operator seeks to address the problems. This represents a significant hit to Ku-band capacity over the Americas and the North Atlantic Ocean.
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Astronics seeks BizAv connectivity boost
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.