Looking at the volatility of airline results, this is pretty much in line.
The logistics business was the problem child in the company and express is the pearl.
You can expect much more consolidation to take place. Eliminating a competitor should be good for the pricing environment of the entire industry, and Intelsat can run their satellites more efficiently than before.
This doesn't come as a big surprise to me, as the company has said the Indian market is one of its focus points.
Eliminating a competitor should be good for the pricing environment of the entire industry, and Intelsat can run their satellites more efficiently than before. You can expect much more consolidation to take place.
