Consolidation finally arrived to the in-flight connectivity world, and it arrived in a massive way. Viasat agreed to buy Inmarsat in a deal valued at $7.3 billion. Subject to typical regulatory and closing conditions, the companies hope to close the transaction in the second half of 2022.
Gogo reported its first quarterly profit in history on record service revenues in Q3 2021. And the company is not slowing down. Executives continue to push the potential for future growth opportunities, both terrestrial and satellite-based, while also still talking down competitive inroads.
Gogo announced plans to develop STCs for more than 30 aircraft types as part of its 5G rollout. The deal will see Duncan Aviation provide engineering and certification services for a broad range of business jets.
Aegean Airlines is the next customer for Inmarsat's European Aviation Network. The Greek airline installed the hybrid satellite/terrestrial in-flight connectivity solution on at least four aircraft so far, with one known to be active.