We are short shares of ViaSat Inc. Please click here to read full disclosures.
ViaSat’s aviation business is a source of market interest and bullishness. Much like shareholder enthusiasm for ViaSat’s residential broadband business, we believe much of this optimism is misplaced.
Until ViaSat-3 Asia is in service (likely beyond 2022), ViaSat lacks global coverage. This is a non-starter for many international airlines. If and when all three ViaSat-3 satellites are…