Isat24 Jan 2017 11:24
n, UK: 3 November 2016. Inmarsat plc (LSE: ISAT.L), the leading provider of global mobile satellite services, today provided the following unaudited information for the three months ended 30 September 2016.
Operational Highlights
· Group revenue and EBITDA grew by 5.8% and 13.5% respectively, with continued growth in Government, Aviation and Ligado revenues, lower Maritime and Enterprise revenues, and lower operating costs.
· We continue to make good progress in Aviation cabin connectivity with both Global Xpress ('GX') and the European Aviation Network ('EAN'). After the quarter end, IAG, Air New Zealand and another major European airline all confirmed that they would be using Inmarsat GX and / or EAN connectivity services.
· GX continued to gain early market traction with double digit revenues in Government, growing migration of Maritime customers from XpressLink ('XL') to Fleet Xpress ('FX'), installations of FX for new Maritime customers and important new line fit certifications for JetWaveTM, Honeywell's Aviation GX antenna.
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