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Aviation

Inmarsat boosted by aviation

In reporting its Q2 results, Inmarsat said that its Aviation division had shown significant growth as its client airlines emerged from the Covid challenges. Inmarsat also told analysts that its planned sale to Viasat is on track subject to UK and European regulatory approval. The combination of the two giant satellite operators should happen towards […]

August 30, 2022By Chris Forrester

Inmarsat Aviation IFC boon

Inmarsat has had a lean couple of years as a result of Covid. But its Q1 revenues show that its Aviation division is up 45 per cent (from $47.3 million [€44m] same period last year to $68.7m). Government-related business also grew nicely by 9.6 per cent (from $114.5m to $125.5m). Overall, London-based Inmarsat saw revenues […]

May 27, 2022By Chris Forrester