EasyJet exploring Starlink Wi-Fi deal, but economics not right yet [Yahoo! Finance]
EASYJET PLC S/ADR (ESYJY)
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Source: Yahoo! Finance
do not ?stack up for the British budget airline at the moment, ?Chief Executive Kenton Jarvis said on Thursday. The comments come after a social-media spat between Musk and Ryanair boss Michael O'Leary this month over the cost of ?fitting Starlink's Wi-Fi ?service. O'Leary has said the fuel drag from Wi-Fi antennae on top of planes ?could cost about $200 million per year, and that few budget travellers would be prepared to pay for the service. "At ?the moment ... where we are with our talks ?with Starlink, the economics aren't quite working for us," Jarvis told journalists in a post-earnings call, though he added that the product was a "really good one", with fast streaming speeds. Jarvis said easyJet was ?also talking to other providers ?in what he called a "rapidly ?changing market". The airline would keep conversations going with Starlink and other providers and ?continue to ?monitor the offerings and prices, he said. "When the time is right, we'll pick the right service,
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