JetBlue sells LiveTV to the Thales Group for $399 million

JetBlue Airways (New York) announced today it has completed its sale of its wholly-owned subsidiary LiveTV to Thales Group for $399 million in cash. The sale will allow LiveTV to continue the innovation that has set it apart as the leader in inflight entertainment (IFE) and onboard connectivity under Thales ownership. JetBlue will maintain its relationship with LiveTV to continue providing customers with differentiated, industry-leading inflight entertainment and connectivity products.

LiveTV is the leading provider of live IFE and connectivity systems for commercial airlines. In 2013, LiveTV and its partner ViaSat introduced Ka-band satellite-driven onboard connectivity, a game-changing technological advancement.

Meanwhile Bloomberg Businessweek is taking a look at the challenges facing JetBlue (and others) in providing high speed inflight Internet service. Read the full article: CLICK HERE

Copyright Photo: Brian McDonough/ Showing off the LiveTV antennae on top, Airbus A320-232 N821JB (msn 5417) banks before landing at Washington (Reagan National).

JetBlue Airways: AG Slide Show