Deutsche Lufthansa AG Given a €17.00 Price Target by Equinet Institutional
Sep 23 2015
German airline Lufthansa is planning to offer broadband access on their short and medium-haul flights from next year. The telecommunications firms have announced a new strategy to bring "unprecedented passenger connectivity" to Europe's aviation industry.
With regard to the future, Lufthansa is also committing to a flight trial programme for a new hybrid network being developed for Europe. The first aircraft will be fitted with the new technology in early summer 2016.
"The fact that Lufthansa is selecting Inmarsat and Global Xpress for the European fleet and given the option to upgrade and slot in the European Aviation Network over time is an indication that they don't want to simply make a technology decision", says Mondale.
The European Aviation Network will consist of a new Inmarsat S-band satellite which will provide multi-beam pan-European coverage.
Lufthansa Technik will integrate all systems and components into the aircraft thanks to its many years of experience in the field of plane modification. The Passenger Airline Group offers its customers route network of 271 destinations in 107 countries.
The solution involves combining an LTE-based ground network with a satellite network to offer air travellers high-speed in-flight Wi-Fi. This broadband Internet connection via a wireless network had to be suspended in 2006 because the necessary satellites were no longer in operation. The switch is automatically managed by the cabin systems with no disruption of service.
Since 1979, Inmarsat has been providing reliable voice and high-speed data communications to governments, enterprises and other organisations, with a range of services that can be used on land, at sea or in the air. The company is headquartered in Germany and is organised in four operating segments: Passenger Airline Group, Logistics, MRO, and Catering. In 2014, the entire Group flew a total of 106 million passengers.