DAL - Gogo Viasat drop after report Delta Air Lines testing Starlink internet service

Gogo (NASDAQ:GOGO) fell 1.7% and Viasat (NASDAQ:VSAT) dropped 1.2% in after hours trading after a report that Delta Air Lines (DAL) has conducted some tests with Elon Musk's Starlink satellite service. Delta Air Lines (DAL) has had talks with SpaceX's (SPACE) broadband unit Starlink and conducted exploratory tests of its technology, according to a WSJ report, which cited an interview with Delta CEO Ed Bastian. The report comes as Musk is trying to make Starlink a legitimate competitor to incumbent players including Viasat (VSAT) and Gogo (GOGO) for Wi-Fi on jetliners. In October Musk tweeted about bringing his company's Starlink service to commercial planes. Responding to a question on Twitter, Musk said, "Yes, we are talking to airlines about installing Starlink. Please let them know if you want it on your airliner." In early October Morgan Stanley cut its rating on (GOGO) to underweight from equal-weight on its view that the market is not pricing in the competitive risk in

For further details see:

Gogo, Viasat drop after report Delta Air Lines testing Starlink internet service