Inmarsat and Panasonic Avionics Enter Into Landmark Strategic Collaboration for Commercial Aviation
Inmarsat and Panasonic Avionics Enter Into Landmark Strategic Collaboration for Commercial Aviation
PR75318
LONDON and TOKYO, Sept 20. 2018/PRNewswire-AsiaNet/--
--Collaboration agreement brings together two global leaders in in-flight
connectivity
Inmarsat and Panasonic Avionics Corporation (Panasonic) have agreed a
strategic collaboration, for an initial ten-year period, that enables them to
combine their highly complementary market leading services to offer broadband
in-flight connectivity ("IFC") paired with high-value solutions and services to
customers in the commercial aviation industry worldwide.
This collaboration will enable airlines, aircraft manufacturers and
passengers to benefit from the combined expertise of two companies that have
been at the forefront of technology and innovation for nearly four decades.
Under the terms of the agreement, Inmarsat will become Panasonic's
exclusive provider of Ka-band IFC for commercial aviation. Panasonic will now
be able to offer Inmarsat's high-speed, broadband connectivity service, GX
Aviation, powered by Global Xpress, the world's first global Ka-band satellite
network, owned and managed by a single operator. Panasonic will continue to
invest in its own network and, with GX Aviation as a primary offering for new
business, will be perfectly positioned to serve both its current and future
customers.
In addition, Inmarsat will now be able to offer Panasonic's market-leading
portfolio of services and NEXT solutions to Inmarsat's commercial aviation
customers. This includes customer support services available from Panasonic's
Customer Performance Center and Technical Services teams.
The collaboration, which is already being deployed with a mutual customer,
presents a unique opportunity to leverage Inmarsat's proven track record of
high-quality and innovative global mobile connectivity, and Panasonic's
market-leading in-flight entertainment, digital services and connectivity
solutions.
Looking forward, Inmarsat and Panasonic will also collaborate on the
development of a next generation GX Aviation terminal, as well as new
connectivity-enabled services, data analytics and technology to improve overall
end-to-end performance.
By delivering this step-change in aviation services capability, airlines
will have access to new and better solutions that address widely recognized
industry challenges of capacity, coverage and compatibility. This will give
greater quality, consistency of experience and more choice to airlines and
their passengers in the IFC market, which by some estimates could exceed $100
billion by 2035[1].
Rupert Pearce, Chief Executive Officer, Inmarsat, said:
"Our highly complementary collaboration with Panasonic combines the unique
expertise and proven capabilities of both companies to create a market-leading
in-flight connectivity offer for aircraft manufacturers, airlines and their
passengers.
"IFC is a substantial and fast-emerging sector where the quality of
customer experience is paramount. Reliable, high-quality IFC is no longer a
luxury for passengers, but an expectation, and will play a vital role in
securing an airline's competitive position in a market.
"Today's landmark announcement is clear evidence of Inmarsat delivering on
its strategy and strengthens our conviction that, building upon the success of
the global GX network, aviation will be a significant individual growth driver
of our overall business. It also demonstrates Inmarsat's commitment to becoming
the reference IFC network for airlines around the world.
"We look forward to working closely with Panasonic as we develop the
relationship and accelerate our respective innovation roadmaps to ensure we
continue to provide airlines and passengers with the world's leading IFC
experience."
Hideo Nakano, Chief Executive Officer, Panasonic Avionics, said:
"For over 10 years, Panasonic has remained steadfast in its commitment to
the connected aircraft. Still, many airlines have more than one connectivity
partner, and this strategic collaboration ensures that even more airlines have
access to a wide variety of industry-leading digital solutions."
1. 'Sky High Economics: Quantifying the commercial opportunities of
passenger connectivity for the global airline industry', by London School of
Economics and Political Science (LSE), 2017
"By adding GX Aviation into our NEXT Online portfolio, we're recognizing
the need for IFC consistency across multiple fleets, and enabling digital
solutions and services with unified customer support. It's really a win-win for
customers."
"After all, there's nothing quite like watching your favorite sporting
event on the seatback, shopping for products that are relevant to your life and
interests, or using apps that personalize your journey."
"Clearly, this is truly a tremendous opportunity for our industry. We look
forward to working with Inmarsat to provide a wider suite of services and
solutions to the world's airlines."
Notes to Editors
Inmarsat's existing agreements with other strategic partners in the
industry will remain unaffected, while Panasonic will continue to improve and
offer its high-performance global Ku-band satellite network in delivering IFC
services to its aviation customers worldwide.
About Inmarsat
Inmarsat plc is the leading provider of global mobile satellite
communications services. Since 1979, Inmarsat has been providing reliable voice
and high-speed data communications to governments, enterprises and other
organizations, with a range of services that can be used on land, at sea or in
the air. Inmarsat operates around the world, with a presence in the major ports
and centres of commerce on every continent. Inmarsat is listed on the London
Stock Exchange (ISAT.L). For more information, please visit www.inmarsat.com
The Inmarsat press release newsfeed and corporate updates are on
@InmarsatGlobal. [https://twitter.com/InmarsatGlobal ]
GX Aviation
GX Aviation is the world's first and only globally available, high-speed
inflight internet service delivered through a wholly-owned and operated network
of High-Throughput Satellites (HTS). It has won a string of prestigious awards
for offering state-of-the-art, uninterrupted, global inflight connectivity that
enables passengers to browse the internet, stream videos, check social media
and more during flights, with connectivity that is comparable to the mobile
broadband services they may receive on the ground. As the world's leading
mobile satellite communications operator, Inmarsat continues to invest and
further develop its advanced network. The company will be launching three
next-generation very high-throughput (VHTS) satellites, starting next year with
its fifth GX satellite (GX-5). This strategy is focused on layering additional
capacity to the GX global network to meet escalating demand from airline
customers in specific regions
About Panasonic Avionics Corporation
Panasonic Avionics Corporation is the world's leading supplier of inflight
entertainment and communication systems. The company's best-in-class solutions,
supported by professional maintenance services, fully integrate with the cabin
enabling its customers to deliver the ultimate travel experiences with a rich
variety of entertainment choices, resulting in improved quality communication
systems and solutions, reduced time-to-market and lower overall costs.
Established in 1979, Panasonic Avionics Corporation, a U.S. corporation, is
a subsidiary of Panasonic Corporation of North America, the principal North
American subsidiary of Panasonic Corporation. Headquartered in Lake Forest,
California with over 5,000 employees and operations in 80 global locations, it
has delivered over 9,000 IFE systems and 2,000 inflight connectivity solutions
to the world's leading airlines.
For additional information, please visit www.panasonic.aero
For further information
Investors
Rob Gurner
Inmarsat
Investor Relations
rob.gurner@inmarsat.com
0207-728-1518
+44(0)7825-189088
Media
Alison Stokes
Inmarsat Corporate Communications
alison.stokes@inmarsat.com
0207-728-1492
+44(0)7713-306417
Panasonic Avionics Contacts:
Brian Bardwell
Manager, Corporate Communications
Tel: +1-949-462-1742
Brian.Bardwell@panasonic.aero
Charlie Hampton
Tel: +44(0)7884-187297
Charlie@pembrokeandrye.com
Source: Inmarsat
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