Viasat Expands In-Flight Connectivity Partnership with Aeromexico for Boeing 787 Dreamliner Fleet

Viasat is retrofitting Aeromexico's Boeing 787 fleet with advanced in-flight Wi-Fi to enhance passenger connectivity and experience.

Quiver AI Summary

Viasat Inc. announced the expansion of its partnership with Aeromexico as the airline selects Viasat’s advanced in-flight Wi-Fi solution for its Boeing 787 Dreamliner fleet, comprising 17 aircraft. The retrofit will start with the B787-8s, followed by the B787-9s, with the upgraded aircraft expected to enter service later in 2025. This collaboration, which builds on Viasat's provision of connectivity since 2018, aims to enhance passenger experience by delivering high-speed internet access for activities such as video streaming and browsing. Aeromexico is also leveraging Viasat's Ads platform to offer ad-supported complimentary connectivity. Both companies emphasize their commitment to providing exceptional in-flight experiences and are aligned in their vision for future connectivity advancements.

Potential Positives

• Viasat is expanding its partnership with Aeromexico to provide advanced in-flight Wi-Fi solutions for their Boeing 787 Dreamliner fleet, demonstrating growth in business relationships.
• The upgrade will enhance passenger experience with high-speed internet access, including streaming capabilities, which can attract more customers to Aeromexico flights.
• Viasat's involvement in the installation of in-flight connectivity across 17 aircraft highlights its leadership in the aviation connectivity market.
• The partnership includes the use of the Viasat Ads platform, allowing Aeromexico to offer free, ad-supported connectivity sessions, potentially increasing passenger satisfaction and engagement.

Potential Negatives

• Viasat's reliance on Aeromexico for in-flight connectivity services may raise concerns about its dependency on a single airline partner for significant revenue, potentially increasing financial risk if the partnership falters.
• The press release emphasizes several risks associated with forward-looking statements, including technological and operational uncertainties, which may lead to skepticism about Viasat's future performance and ability to meet its commitments.
• There is no indication of the expected timeline for complete installation across all aircraft, leaving stakeholders uncertain about the pace of rollout and potential delays impacting customer satisfaction.

FAQ

What is Viasat's latest partnership announcement?

Viasat announced the expansion of its partnership with Aeromexico to retrofit its Boeing 787 Dreamliner fleet with advanced in-flight Wi-Fi.

When will Aeromexico's Boeing 787 aircraft be retrofitted?

The retrofit of Aeromexico's Boeing 787-8s will begin first, with installation on the 787-9s following closely behind.

What new services will Viasat provide to Aeromexico passengers?

Passengers will enjoy streaming video, browsing, real-time messaging, and free ad-supported connectivity sessions on specific aircraft.

How will this upgrade benefit Aeromexico passengers?

This upgrade aims to enhance the onboard experience, making connectivity seamless and improving passenger satisfaction during flights.

What cities will benefit from Viasat's in-flight service on Aeromexico?

Routes include popular destinations such as Paris, Madrid, Amsterdam, Rome, London, Buenos Aires, and Santiago de Chile.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$VSAT Congressional Stock Trading

Members of Congress have traded $VSAT stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $VSAT stock by members of Congress over the last 6 months:

• REPRESENTATIVE DEBBIE WASSERMAN SCHULTZ purchased up to $15,000 on 10/23.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$VSAT Insider Trading Activity

$VSAT insiders have traded $VSAT stock on the open market 6 times in the past 6 months. Of those trades, 2 have been purchases and 4 have been sales.

Here’s a breakdown of recent trading of $VSAT stock by insiders over the last 6 months:

• TEACHERS PENSION PLAN BOARD ONTARIO sold 3,750,000 shares for an estimated $33,750,000
• INVESTMENT BOARD PRIVATE HOLDINGS (4) INC. CPP sold 3,750,000 shares for an estimated $33,750,000
• LUXTOPHOLDING SARL TRITON sold 3,750,000 shares for an estimated $33,750,000
• RICHARD A BALDRIDGE has made 2 purchases buying 55,000 shares for an estimated $820,000 and 0 sales.
• MARK J MILLER (EVP, Chief Technical Officer) sold 3,564 shares for an estimated $32,824

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$VSAT Hedge Fund Activity

We have seen 139 institutional investors add shares of $VSAT stock to their portfolio, and 119 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• FPR PARTNERS LLC removed 1,523,535 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $18,191,007
• TWO SIGMA INVESTMENTS, LP added 958,706 shares (+538.7%) to their portfolio in Q4 2024, for an estimated $8,158,588
• TENZING GLOBAL MANAGEMENT, LLC added 842,500 shares (+inf%) to their portfolio in Q4 2024, for an estimated $7,169,675
• STATE STREET CORP added 833,445 shares (+18.7%) to their portfolio in Q4 2024, for an estimated $7,092,616
• BANK OF AMERICA CORP /DE/ added 818,301 shares (+149.6%) to their portfolio in Q4 2024, for an estimated $6,963,741
• POINT72 ASSET MANAGEMENT, L.P. added 716,530 shares (+551.2%) to their portfolio in Q4 2024, for an estimated $6,097,670
• NEUBERGER BERMAN GROUP LLC added 700,533 shares (+16.1%) to their portfolio in Q4 2024, for an estimated $5,961,535

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Full Release

CARLSBAD, Calif., Feb. 20, 2025 (GLOBE NEWSWIRE) --

Viasat Inc.

(NASDAQ: VSAT), a global leader in satellite communications, today announced that it is expanding its long-standing relationship with Aeromexico. Mexico’s global airline has selected to retrofit its Boeing 787 Dreamliner fleet with Viasat’s most advanced in-flight Wi-Fi solution. The fleet comprises 17 total aircraft, including eight B787-8s and nine B787-9s.

The Boeing 787-8s will be equipped first, with installation for the 787-9s quickly following. The first of these new Viasat-equipped aircraft is set to enter service later in 2025.

Viasat has provided in-flight connectivity on certain Aeromexico aircraft

since 2018

. The carrier’s decision to upgrade the Dreamliner in-flight Wi-Fi with Viasat's connectivity system highlights its ongoing commitment to providing passengers and crew with an exceptional onboard experience, including streaming video, browsing, and real-time messaging throughout the flight. Additionally, Aeromexico is using the

Viasat Ads

platform to offer its passengers free, ad-supported connectivity sessions (with streaming speeds capability).

"We're honored to extend our partnership with Aeromexico," said Don Buchman, SVP and GM, Commercial Aviation at Viasat. “It’s our mission to bring a consistently high-quality and content-rich in-flight Wi-Fi experience to passengers around the world, and we’re looking forward to delivering this onboard additional Aeromexico aircraft.”

“Providing the best in-flight experience is one of our top priorities,” said Andrés Castañeda, Chief of Digital & Customer Experience Officer & EVP of Aeromexico. “We work hard to elevate each passenger's journey to an extraordinary experience and we know that connectivity is essential. Viasat is a trusted provider for Aeromexico, and with a resilient, multi-orbit satellite roadmap, we look forward to continuing to work together to bring high-quality in-flight Wi-Fi to our customers long into the future.”

To enhance its passenger experience goals, including NPS scores and loyalty, Aeromexico will continue to take advantage of Viasat’s high-capacity, Ka-band satellite network to provide a high-speed online experience on routes served by the Dreamliner fleet, including to cities such as Paris, Madrid, Amsterdam, Rome, London, Buenos Aires, Santiago de Chile, among others.

Viasat is focused on serving the aviation market by combining high throughput satellite capacity with the ability to flex that capacity so that it can continuously meet demand where and when it is most concentrated.

For more information about Viasat’s in-flight connectivity solutions, please visit the Company’s Commercial Aviation page at

vsat.co/commercial-aviation

About Viasat



Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people’s lives anywhere they are—on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at


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Copyright © 2025 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered trademarks in the U.S. and in other countries of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Viasat, Inc. Contacts:



Scott Goryl, External Communications, Corporate & Aviation,

Scott.Goryl@viasat.com



Lisa Curran/Peter Lopez, Investor Relations,

IR@viasat.com

Forward-Looking Statements



This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include among others, statements related to Viasat and Aeromexico’s relationship; the introduction of Viasat’s IFC services on Aeromexico’s Boeing 787 Dreamliner aircraft; the enhanced internet experience passengers and crew can expect; the availability, capabilities and performance of the Viasat in-flight internet equipment, and the ability to direct capacity to demand. Readers are cautioned that actual results could differ materially and adversely from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: our ability to successfully implement our business plan for our broadband services on our anticipated timeline or at all; risks associated with the construction, launch and operation of the satellite(s) used to supply these services, including the effect of any anomaly, operational failure or degradation in satellite performance; contractual problems; product defects; manufacturing issues or delays; regulatory issues; changes in relationships with, or the financial condition of, key suppliers; technologies not being developed according to anticipated schedules, or that do not perform according to expectations; and other factors affecting the aviation sector generally. In addition, please refer to the risk factors contained in Viasat's SEC filings available at www.sec.gov, including Viasat's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.