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Stock impact report

AirMedia Announces the Strategic Cooperation with Honeywell

AIRMEDIA GROUP (AMCN) 
Company Research Source: PR Newswire
BEIJING, March 19, 2019 /PRNewswire/ -- AirMedia Group Inc. ("AirMedia" or the "Company") (Nasdaq: AMCN), an operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market, today announced that one of its subsidiaries, Air Esurfing Co. Ltd. ("ARE"), has been selected as the sole distributor of Honeywell's next-generation JetWave TM satellite communications hardware in China, enabling Chinese airlines to have access to an all-in-one solution that provides high-speed, in-flight Wi-Fi service. Honeywell's JetWave TM satellite communications hardware provides high-speed in-flight Wi-Fi service worldwide by seamlessly establishing Ka-band communication links with the Global Xpress Network of the International Maritime Satellite Organization (Inmarsat Aviation) and satellite ChinaSat 16 and ChinaSat 18.Tailored to benefit both passengers and airlines, the cooperation is devoted to increasing the availability of Show less Read more
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