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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
30 planes signed up for in-flight wifi

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Satellite operator Inmarsat (ISAT) secured a deal with Austrian Airways to deliver its Global Xpress passenger broadband solution.
Among only a few commercial suppliers of satellite connectivity, Inmarsat’s geostationary satellites surround the earth and can fire spot beams to antenna located on planes flying long-haul routes.
Inmarsat’s big move into aviation comes at a cost – it is paying up-front for customers to install the specialist antennae in order to speed adoption. Management expects a one-third increase in group revenue from the project in coming years but analysts are fretting about financing pressure because of Inmarsat’s $3bn of net debt.
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