How much blood do you have in your pockets? You’re bleeding out all this time.
Not necessarily the attitude you expect to hear from a vendor describing the industry he’s trying to compete in, but that’s the view David Bruner, VP of Global Communications Services for Panasonic Avionics shared during a frank discussion at the recent Aircraft Interiors Expo in Hamburg, Germany. He sees a shake-up for the industry on the horizon. And he was not the only one talking up that line at the conference.
Was the sale of LiveTV to Thales the first domino to fall? And which will come next?? Some interesting thoughts to consider in a market where customers are nearly impossible to satisfy and technology progresses far slower than just about anyone would like.
Read the full story: Consolidation seen as inevitable for inflight connectivity industry
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They are going out of business???
Not much info aside from a quote with the word blood in it twice.
What’s the point your making?
No one is going out of business. Yet. But no one is profitable at this, either.
Read the full story for more of the conclusions, just like it says. 🙂