Advanced Television

Viasat

Breeze Airways selects Viasat for IFC

Utah-based low-cost airline Breeze has chosen Viasat to supply broadband and WiFi connectivity to its fleet of aircraft. Breeze flies year-round routes throughout the US as well as seasonal routes during holiday seasons. Its current fleet comprises Airbus and Embraer aircraft and has just acquired 10 extra Airbus aircraft for delivery by the end of […]

February 22, 2024By Chris Forrester

Space insurance market facing challenges

2023 was not a stellar year for the space insurance market. The second half of the year saw losses totalling $826 million (€764.9m) according to analysts and the year’s total claimed losses will be around $1.2 – $1.3 billion. More than 85 per cent of those losses, including those from Viasat-3 and Inmarsat 6-F2, stemmed […]

February 21, 2024

Viasat serves 1,800 aircraft with SuperBowl

More than 1,800 Viasat-enabled flights around the world took to the skies on February 11th, and passengers on board had the best seats in the house – streaming the SuperBowl LVIII game live to their seats at 35,000 feet in the air. While the total number of passengers might only be measured as a few […]

February 14, 2024By Chris Forrester

Viasat Q3 loss despite revenue up 8%

California-based satellite operator Viasat reported its Q3 numbers after the market closed on February 6th. Chairman and CEO Mark Dankberg said revenues grew 8 per cent to $1.1 billion (€1.02bn) which was up an impressive 73 per cent y-o-y improvement of 2023’s $651 million. However, the company’s net loss rose to $124 million (a loss […]

February 7, 2024By Chris Forrester

Viasat adds 150 Lufthansa aircraft with IFC

German giant airline Lufthansa has selected Viasat’s Inmarsat satellites to equip more than 150 aircraft – across its own Lufthansa and subsidiary SWISS and Austrian Airlines fleets – with the European Aviation Network (EAN) in-flight connectivity (IFC) solution. The more than 150 extra aircraft include Airbus A320s, A320neos and A220s fleet versions. The EAN technology […]

January 26, 2024By Chris Forrester

Viasat demos potential UK aircraft guidance solution

Since Brexit, the UK has been barred from using the European Union’s sophisticated EGNOS aircraft landing and positioning safety system. The European Geostationary Navigation Overlay Service (EGNOS) is Europe’s regional satellite-based augmentation system (SBAS) that is used to improve the performance of global navigation satellite systems (GNSSs), such as GPS and Galileo. It has been […]

January 22, 2024By Chris Forrester

Viasat’s debt ratings adjusted by Fitch

Fitch Ratings has affirmed satellite operator Viasat and its subsidiaries’ Long-Term Issuer Default Ratings (IDRs) at ‘BB-‘ and removed all ratings from Rating Watch Negative (RWN) – which is good news for the company. Fitch has resolved the RWN as it expects Viasat’s debt leverage to decline and sustain within the current EBITDA leverage sensitivities […]

January 19, 2024

Viasat Energy expands agreement with Es’hailSat

Es’hailSat, Qatar Satellite Company, has announced that Viasat Energy Services, a business unit of Viasat, has added multiple transponders on Es’hail-1 satellite located at the 25.5⁰ East hotspot and will avail itself of Teleport Services from Es’hailSat’s 50,000 sqm facility in Doha to provide VSAT services across Middle East and North Africa (MENA) region. Viasat […]

January 8, 2024

Viasat cuts 800 staff; DT IFC deal

Viasat of California, which also now owns London-based Inmarsat, made some bif announcements at its Q2 financial report; one satellite has been cancelled and 800 staff laid off. Viasat stated that its results showcased “resilient growth and momentum” but was making key decisions on capital expenditure that will strengthen the focus on its mobility and […]

November 9, 2023By Chris Forrester

Viasat axes 800 staff

Satellite operator Viasat, which also now owns London-based Inmarsat, is to let 800 staff go as a result of integrating the two business. The lay-offs represent some 10 per cent of Viasat’s workforce. Viasat said the move would save $100 million (€93.9m) in annual costs by 2025. Costs associated with the decision would be about […]

November 3, 2023By Chris Forrester