I agree IPTK could be special. The business model doesn't require large amounts of capital to expand. Expenses will be very low so margins will be very high. 600,000,000 passengers a year on the low cost carriers. Say they average .05 per passenger for the texting/email/browsing. That's $30 million.
The wild card is the destination bookings. Lets saying you're flying on one of the LCCs and looking at their app. There will be discounted bookings offered for cars, hotels, attractions, restaurants etc. Let's say IPTK gets 5% of any booking and the average booking is $100. Let's say 1% of the passengers do a booking. That's another $30 million.
At this point IPTK doesn't have to do anything, although I hope they have a lot of the little modems made. Only 1 modem per aircraft though. The ground system is "where they want it." Installation takes 5 hours. No certification required; ready to use once installed, and no additional expense for its use.
Of course my revenue estimates could be way high. They could be low too $$$$
My posts are my opinion. Do not be influenced by anything you read on any message board website unless you can confirm it.
