Global Eagle contends with Boeing 737 MAX, India’s Jet Airways issues, explains maritime deals

by Peter B. de Selding

PARIS — The grounding of the Boeing 737 MAX aircraft worldwide and the financial distress of India’s Jet Airways are two issues that aero- and maritime connectivity and content provider Global Eagle Entertainment (GEE) would not have predicted at the beginning of the year.

GEE said neither is likely to prevent the company, which by mid-2019 will have laid off 25% of its work force and shut down eight facilities, from reaching cash-flow break-even by the end of this year.

become a subscriber!

You may also like