Viasat: Consumer broadband ARPU up 17%; in-flight connectivity revenue could be $3 billion a year by 2028

by Peter B. de Selding

LONDON — Satellite broadband hardware and service provider Viasat Inc. asked investors to picture a world where Viasat’s current 29% share of the in-flight connectivity market in U.S. narrow body aircraft is extended worldwide while the global aircraft fleet doubles and passenger traffic increases by 2.3x.

And the percent of IFC-enabled aircraft rises considerably from today’s 30%.

“It’s a very big addressable market,” Viasat Chief Executive Mark D. Dankberg said. “IFC alone can be a multibillion-dollar annual business during the . . .

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