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Market Chatter: Amazon.com's Project Kuiper Being Considered by British Airways Owner IAG for Satellite-Powered Wi-Fi
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Market Chatter: Amazon.com's Project Kuiper Being Considered by British Airways Owner IAG for Satellite-Powered Wi-Fi
Dec 24, 2024 4:34 AM

07:06 AM EST, 12/24/2024 (MT Newswires) -- Amazon.com's ( AMZN ) Project Kuiper is being considered as another option by British Airways owner IAG to equip its fleet with satellite-powered Wi-Fi, Bloomberg reported Tuesday, citing an interview with the airline group's head of innovation, Annalisa Gigante.

Gigante said IAG, which also owns Spain's Iberia and Ireland's Aer Lingus, is currently in discussions with SpaceX's internet-from-space project Starlink regarding deploying satellite-powered Wi-Fi service on its aircraft fleet.

Gigante said the potential issue with a Starlink deal is the complexity of the certification process as European carriers have to go through separate certification processes. At the same time, US airlines can more easily deploy Starlink as it is already certified by the Federal Aviation Administration. A SpaceX spokesperson, however, told Bloomberg in an email that "this is not accurate."

According to the report, Amazon's ( AMZN ) Project Kuiper is slated to launch operational satellites early next year with service by the end of 2025.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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