Hispasat revenue grows but EBITDA falls on satellite delay

by Peter B. de Selding

One down, two to go: For Hispasat CEO Elena Pisonero, the January launch of the long-delayed Hispasat 36W-1 should be the first of three launches to occur in 2017. But schedule delays on the SpaceX Falcon 9 and the International Launch Services Proton vehicles are a possibility. Credit: Elena Pisonero


PARIS — Satellite fleet operator Hispasat on March 24 reported a 4.2 percent increase in revenue for 2016 but a dip in EBITDA margin because of the costs of leasing a satellite to make up for a satellite that was years late in being put into service . . .

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