CARLSBAD, Calif., Dec. 10, 2018 /PRNewswire/ -- Viasat Inc.
(NASDAQ: VSAT), a global communications company, announced today it
reached a major commercial aviation milestone: it reached 1,000
commercial aircraft flying globally with its in-flight connectivity
(IFC) system.
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. For more
information on Viasat's IFC installation program, read our blog
here.
About Viasat
Viasat is a global
communications company that believes everyone and everything in the
world can be connected. For more than 30
years, Viasat has helped shape how consumers, businesses,
governments and militaries around the world communicate. Today, the
Company is developing the ultimate global communications network to
power high-quality, secure, affordable, fast connections to impact
people's lives anywhere they are—on the ground, in the air or at
sea. To learn more about Viasat, visit: www.viasat.com,
go to Viasat's Corporate Blog, or follow the Company on
social media
at: Facebook, Instagram, LinkedIn, Twitter or 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 include, among
others, statements that refer to the expected increase in the
number of monthly installations, and Viasat's ability to drive
operational efficiencies in its installation program to meet
airline customer demand. Readers are cautioned that actual results
could differ materially from those expressed in any forward-looking
statements. Factors that could cause actual results to differ
include: contractual problems, product defects, manufacturing
issues or delays, technologies not performing in accordance with
expectations, increased competition and other factors affecting the
commercial aviaton 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.
Copyright © 2018 Viasat, Inc. All rights
reserved. Viasat is a registered trademark
of Viasat, Inc. The Viasat logo is a trademark
of Viasat, Inc. All other product or company names
mentioned are used for identification purposes only and may be
trademarks of their respective owners.
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SOURCE Viasat, Inc.