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Saturday, 10 March 2018

City AM

• Inmarsat shares fall as it cuts dividend to propel take off of in-flight Wi-FiInmarsat said this morning it had cuts its dividend to 20 cents a share in order to propel investment in its aviation division, after earnings dipped in the fourth quarter.

Aviation Industry

• The airline industry's glass ceilingToday is National Women’s Day. I’m not typically one of those who lauds achievements purely based on the gender of those who achieved, but a vexing question remains: why are there still so few women running airlines? read more
• All-women crew operates first Ethiopian Airlines Buenos Aires flightEthiopian Airlines launched 5X-weekly Addis Ababa-Buenos Aires Ezeiza services, March. 8. The flight is being operated with a Boeing 787-8 and makes a stop in Sao Paolo Guraulhos, Brazil. read more
• Airbus forecasts Indian expansion to be ahead of global curveEuropean OEM Airbus expects that airline traffic in India will grow by 8.1% per year over the next 20 years, almost double the global average of 4.4%. read more
• Aviation sector 37% growth lifts Inmarsat 2017 revenuesGlobal mobile satellite communications provider Inmarsat reported $1.4 billion in total group revenue for 2017, up 5.4% from 2016, largely on the strength of 36.7% growth in Inmarsat’s aviation sector, which includes in-flight connectivity (IFC), business/general aviation (BGA) and safety/operational services (SOS) revenue. The aviation sector reported $195 million in total revenue for the year. read more