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Southwest Airlines Chooses Viasat's High-Speed In-Flight Connectivity for New Aircraft Deliveries

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Viasat (NASDAQ: VSAT) announces that Southwest Airlines has selected its next-generation Ka-band satellite in-flight connectivity (IFC) system for factory installation on new aircraft deliveries starting this fall. This partnership enhances in-flight internet capabilities, enabling customers to stream content, watch live television, and access social media seamlessly. Viasat's technology addresses in-flight connectivity challenges, ensuring consistent high-speed service even during peak demand. With a roadmap for future satellites, Viasat aims to meet the growing demand for data-driven services.

Positive
  • Partnership with Southwest Airlines enhances in-flight connectivity, increasing customer satisfaction.
  • Viasat's technology ensures high-quality, high-speed internet service for passengers.
  • The contract covers factory installation in all new aircraft deliveries, indicating strong future revenue potential.
Negative
  • None.

Advanced Wi-Fi Solution Offers Southwest Customers High-Speed Internet, Streaming Video, Live Television, and More

CARLSBAD, Calif., May 11, 2022 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global communications company, today announced Southwest Airlines Co. selected the Company's next generation Ka-band satellite in-flight connectivity (IFC) system to be factory-installed on all new aircraft deliveries, starting this fall.

By selecting Viasat's industry-leading solution for its new aircraft, Southwest Airlines will provide customers enhanced internet capabilities while onboard, including the ability to stream content and entertainment, watch live television, and access social media platforms and productivity applications on any internet-ready device, gate-to-gate. Streaming-capable Wi-Fi requires a fast and robust data connection — especially to deliver high quality service on all connected devices while in-flight, regardless of how many passengers are using the system.

Viasat technology solves a key challenge in providing high quality connectivity in aviation by addressing variable concentrated demand, such as many aircraft in the same geographical area – at airport hubs or traveling on popular flight routes. The bandwidth advantage and flexibility offered by Viasat's satellite network provides a consistently high quality, high-speed, and content-rich in-flight Wi-Fi experience.

Don Buchman, Viasat's vice president and general manager, Commercial Aviation, added: "We admire Southwest Airlines' deeply customer-centric vision. The overall passenger experience is enhanced by delivering connectivity inflight that is the same as the on the ground experience, from streaming your favorite video content to live television and accessing other internet-based applications during all phases of flight. We look forward to being a part of Southwest's commitment to continually upping the bar."

Capacity Today and In the Future

According to a January 2022 Sandvine Global Internet Phenomena Report, more than two-thirds of today's internet traffic is driven by data-hungry video streaming or social media platforms. Viasat utilizes its current broadband satellite fleet, including ViaSat-1 and Viasat-2, along with its roadmap of satellites - including the revolutionary ViaSat-3 constellation - to meet the ever-increasing demand for data-rich connectivity.

About Viasat

Viasat is a global communications company that believes everyone and everything in the world can be connected. For more than 35 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat's Corporate Blog, or follow the Company on social media at: FacebookInstagramLinkedInTwitter or YouTube.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include among others, statements related to Viasat and Southwest Airlines' relationship; the introduction of Viasat's IFC service on Southwest's new aircraft; the enhanced internet experience passengers and crew can expect; the availability, capabilities and performance of the Viasat in-flight internet equipment; the number of aircraft, location of service, and the timing to connect the new Southwest fleet; the ability to direct capacity to demand; the forward compatibility of Viasat's IFC system; the satellites used to provide the service, and the expected global capacity gains that will be provided by future Viasat satellites. Readers are cautioned that actual results could differ materially and adversely from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: our ability to successfully implement our business plan for our broadband services on our anticipated timeline or at all; risks associated with the construction, launch and operation of the satellite(s) used to supply these services, including the effect of any anomaly, operational failure or degradation in satellite performance; contractual problems; product defects; manufacturing issues or delays; regulatory issues; changes in relationships with, or the financial condition of, key suppliers; technologies not being developed according to anticipated schedules, or that do not perform according to expectations; and other factors affecting the aviation sector generally. In addition, please refer to the risk factors contained in Viasat's SEC filings available at www.sec.gov, including Viasat's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.

Copyright © 2022 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat signal are registered trademarks of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Cision View original content:https://www.prnewswire.com/news-releases/southwest-airlines-chooses-viasats-high-speed-in-flight-connectivity-for-new-aircraft-deliveries-301544672.html

SOURCE Viasat, Inc.

FAQ

What is Viasat's new partnership with Southwest Airlines about?

Viasat has partnered with Southwest Airlines to provide its high-speed in-flight connectivity system on all new aircraft deliveries.

How will Viasat's technology benefit Southwest Airlines customers?

The technology will allow customers to stream content, watch live TV, and use social media during flights, enhancing the overall passenger experience.

When will Viasat's system be installed on Southwest Airlines' aircraft?

The installation of Viasat's IFC system will begin this fall on all new aircraft deliveries to Southwest Airlines.

What kind of internet capabilities will Viasat provide for Southwest Airlines?

Viasat's system will offer high-speed internet connectivity, enabling customers to enjoy streaming video, live television, and various online applications.

What is the stock symbol for Viasat?

The stock symbol for Viasat is VSAT.

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