Lufthansa Group Picks Viasat For In-Flight Connectivity Upgrades; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Lufthansa Group has chosen Viasat to upgrade in-flight connectivity across over 150 aircraft, aiming to enhance passenger experience. The financial terms of the deal were not disclosed.
January 24, 2024 | 12:08 pm
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POSITIVE IMPACT
Lufthansa Group's partnership with Viasat for in-flight connectivity upgrades may improve customer satisfaction and loyalty, potentially impacting the company's brand value and customer retention positively.
The decision to upgrade in-flight connectivity is likely to be viewed positively by customers, which can lead to increased customer satisfaction and retention. While the financial terms are not disclosed, the investment in customer experience is generally seen as a positive move for airlines.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Viasat's agreement to provide in-flight connectivity solutions to Lufthansa Group could lead to increased revenue and market presence in the aviation sector for Viasat.
Viasat's partnership with Lufthansa Group is a significant business development that could lead to increased revenue from the aviation sector. It also enhances Viasat's market presence and reputation as a provider of in-flight connectivity solutions.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 70