Air New Zealand Partners With Elon Musk's Starlink To Redefine Domestic Travel With In-Flight Internet
Portfolio Pulse from Benzinga Neuro
Air New Zealand has announced a partnership with Elon Musk's Starlink to provide free, high-speed internet on its domestic flights. The service will be trialed on a domestic plane and an ATR in late 2024, with plans to expand to the entire domestic fleet in 2025 if successful. This move follows significant developments for Starlink, including the availability of its service in kits at Costco Wholesale outlets in the U.S. and the completion of SpaceX's 90th flight for 2023, which involved launching 23 Starlink satellites.

December 13, 2023 | 9:22 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Costco Wholesale is mentioned in the context of selling Starlink service kits, which could indicate a partnership and potential increased foot traffic or sales related to this product.
The mention of Costco Wholesale (COST) in the context of selling Starlink service kits suggests a retail partnership that could attract customers interested in SpaceX's satellite internet services. This could lead to increased sales of the kits and possibly other items during store visits. The positive impact on COST's stock price in the short term is likely due to the association with a high-profile tech offering and the potential for increased customer interest.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50