Connected Aircraft Demand Larger than Passenger Demand?
Photo Credit: United Continental Holdings[/caption]
[Space News] Airline broadband providers Gogo, Global Eagle Entertainment (GEE), and ViaSat participated in a debate organized Dec. 7 by the Macquarie Group investment bank, discussing whether today’s aeronautical connectivity business, currently valued at less than $1 billion but estimated to grow past $30 billion in 20 years, will be hugely more valuable in the coming years as bandwidth demand by airlines for their own purposes dwarfs demand by passengers.
"'We view this as a $30 billion industry,' said Michael Small, chief executive of Chicago-based Gogo, whose U.S.-based air-to-ground business is now expanding to include Ku-band satellites with Gogo’s new 2Ku aeronautical satellite antenna, and going global with satellite capacity worldwide. 'The industry is not yet at the $1 billion mark, so there is huge growth.' Gogo expects to report nearly $500 million in revenue in 2015, up from $37 million six years ago."
Read the full article here.
About ThinKom
ThinKom Solutions, Inc., is a leading provider of innovative, ultra-low-profile broadband antenna solutions for commercial and business aviation applications, delivering fast, resilient, and reliable connectivity “from every orbit to every seat.” The ThinAir® product line delivers compact, affordable Ku- and Ka-band options suitable for installation on planes ranging from business jets to super-jumbos. ThinAir antennas consume less power while delivering high spectral efficiency, reducing recurring satellite costs. Packaged in a low-drag design to save fuel and reduce emissions, ThinAir’s proven, proprietary, patented solutions are trusted by leading inflight connectivity providers and airline customers around the globe.