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    mobile investing

    Viasat Hits 1,000 Commercial Aircraft Flying with its In-Flight Connectivity System

    Bala Yogesh
    Dec. 10, 2018 09:36AM PST
    Emerging Technology

    Viasat (NASDAQ:VSAT) announced that the company has reached a major commercial aviation milestone as over 1,000 commercial aircraft are flying with its inflight connectivity system. As quoted in the press release: Viasat installed more than 400 of its latest IFC equipment on commercial aircraft in 2018, with more than half of those installs occurring in the …

    Viasat (NASDAQ:VSAT) announced that the company has reached a major commercial aviation milestone as over 1,000 commercial aircraft are flying with its inflight connectivity system.

    As quoted in the press release:

    Viasat installed more than 400 of its latest IFC equipment on commercial aircraft in 2018, with more than half of those installs occurring in the second half of the year. These installations have helped Viasat achieve new levels of service quality, cutting installation time to around 3 days, which is significantly better than the industry standard.

    “Viasat has made tremendous progress and important investments to meet the increased demand for our IFC equipment and service on global commercial aircraft,” said John Daly, vice president, Business Operations, Commercial Aviation, Viasat. “We continue to be hyper-focused on increasing the speed of installation, enabling our airline customers to get aircraft in service faster. In the fourth quarter of calendar year 2018 alone, we performed approximately 50 installs per month, and we expect that number to increase monthly as we drive further operational efficiencies into the installation process.”

    Viasat offers the highest speed satellite-based internet service, and has been recognized by leading third parties as the best in-flight internet service on the global market

    Click here for the full text release.

    nasdaq:vsatinflight connectivitymobile investing
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