Global Eagle books impairment charge, offers hints on European customer and hopes on India

by Peter B. de Selding

PARIS — In-flight and maritime-connectivity provider Global Eagle Entertainment (GEE) on April 2 reported a widened operating loss in 2017 after taking non-cash impairment charges related to the decline in its stock but told investors that 2018 would be a turnaround year.

Highlights of the company’s April 2 investor call and its annual report to the U.S. Securities and Exchange Commission (SEC):

— GEE expects to receive Indian government approval for in-flight wifi over Indian airspace for India’s Jet Airways later this year. The . . .

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