CARLSBAD, Calif., June 3, 2016 /PRNewswire/ -- American Airlines
(NASDAQ: AAL) has selected ViaSat Inc. (NASDAQ: VSAT), a
global broadband services and technology company, to outfit its new
Boeing 737 MAX fleet with ViaSat's in-flight internet service. The
ViaSat in-flight internet service has been recognized with multiple
industry awards for delivering the best performing, highest-quality
and fastest in-flight internet experience. The service encourages
higher passenger engagement per plane by offering an 'at home'
internet experience when in-flight – with the ability to stream
movies, videos, television and music, as well as surf the web,
upload pictures to social media, email large files and more.
The new American planes will tap into the power of ViaSat's
advanced high capacity Ka-band satellite system, which will include
ViaSat-1, ViaSat-2 and ViaSat-3 satellite platforms, and has more
capacity in orbit than any other in-flight Wi-Fi provider. American
will leverage ViaSat's first two generation satellite platforms,
which together provide more capacity than all of the commercial
satellites over North America
combined. When the first ViaSat-3 class satellite platform launches
in 2019, it will more than double the capacity again. With its
capacity-rich satellite platforms, ViaSat is able to deliver the
fastest, highest quality in-flight internet service to each
connected device on a plane.
"Our satellite bandwidth enables an 'at home' internet
experience that can serve everyone on the plane – and empowers
innovative business models for airlines and their passengers," said
Mark Dankberg, ViaSat chairman and
CEO. "We are delighted and honored to have the opportunity to work
with American Airlines and help fulfill their goal of delivering
the best in-flight Wi-Fi experience throughout their fleet. We
believe we are now approaching the end of an era where passengers
have paid very high prices for very slow connections. Our agreement
highlights a significant initial step for American to deliver an
onboard Wi-Fi experience every passenger will want to use."
As an internet service provider, ViaSat already serves nearly
700,000 residential and business users with high-speed,
high-quality satellite internet. The ViaSat network is also the key
to supporting thousands of simultaneously connected aircraft, each
with dozens to hundreds of connected devices.
Availability
First Boeing 737 MAX aircraft with the ViaSat in-flight internet
system are scheduled to go into service in September 2017.
About ViaSat
ViaSat, Inc. (NASDAQ: VSAT) keeps the world connected.
As a global broadband services and technology
company, ViaSat ensures consumers, businesses,
governments and military personnel have communications access -
anywhere - whether on the ground or in-flight. The Company's
innovations in designing highest-capacity satellites and secure
ground infrastructure and terminal technologies coupled with its
international network of managed Wi-Fi hotspots
enable ViaSat to deliver a best available network that
extends the reach and accessibility of broadband internet service,
globally. For more information
visit ViaSat at: www.viasat.com, or follow the
Company on social media:
Facebook, Twitter, LinkedIn and YouTube.
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, among others, statements that refer to the speed,
performance and quality of ViaSat's internet service; the roll-out
and uptake of products and services by, and services offered by,
American Airlines; satellite construction and launch activities,
including the expected launch date and capacity gains of ViaSat-2;
the performance and benefits of the ViaSat-1, ViaSat-2 and ViaSat-3
class satellites and any future satellite we may construct or
acquire; and the expected capacity, service, coverage, service
speeds, availability and other features of the satellites, and the
timing, cost, economics and other benefits associated therewith.
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: the ability to realize the anticipated benefits of the
ViaSat-1, ViaSat-2 and ViaSat-3 class satellites and any future
satellite we may construct or acquire; unexpected expenses or
delays related to satellite projects, the ability to successfully
implement ViaSat's business plan for broadband services on the
anticipated timeline or at all; risks associated with the
construction, launch and operation of satellites, including the
effect of any anomaly, operational failure or degradation in
satellite performance; ability to successfully develop, introduce
and sell new technologies, products and services; audits by the
U.S. government; changes in the global business environment and
economic conditions; reduced demand for products and services as a
result of continued constraints on capital spending by customers;
changes in relationships with, or the financial condition of, key
customers or suppliers; reliance on a limited number of third
parties to manufacture and supply ViaSat's products; increased
competition; introduction of new technologies and other factors
affecting the communications and defense industries generally; the
effect of adverse regulatory changes on ViaSat's ability to sell
products and services; ViaSat's level of indebtedness and ability
to comply with applicable debt covenants; ViaSat's involvement in
litigation, including intellectual property claims and litigation
to protect proprietary technology; and ViaSat's dependence on a
limited number of key employees. 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.
Copyright © 2016 ViaSat, Inc. All rights reserved. All other
product or company names mentioned are used for identification
purposes only and may be trademarks of their respective
owners. ViaSat is a registered trademark of ViaSat,
Inc.
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SOURCE ViaSat Inc.