JetBlue and Thales finalise LiveTV purchase

Thales Group (Thales) has completed the acquisition of JetBlue Airways’ (JetBlue) in-flight entertainment (IFE) subsidiary LiveTV in a cash deal claimed to be $399 million.

LiveTV has more than 500 employees and projected revenues for 2014 at over US$150 million. In 2013, LiveTV partnered with ViaSat to introduce Ka-band satellite-driven on-board connectivity.

"Under the leadership of Thales Group, we look forward to LiveTV continuing to deliver the innovative on-board connectivity and entertainment experience that our customers have come to expect," commented Robin Hayes, President, JetBlue Airways.

"Our evolving product and service portfolio will enable airlines, on any fleet-size, aircraft type or route structure, to offer their passengers a highly robust connected experience before, during and after flight," said Thales CEO USA, Alan Pellegrini. "The capabilities we now have strengthen our foundation as both a leading in-flight entertainment and connectivity systems manufacturer and connectivity service provider."

JetBlue will maintain its relationship with LiveTV to continue providing customers with IFE and connectivity products.

You may be interested in...

« Back to News