Article URL: https://www.corporatejetinvestor.com/news/starlink-price-rise-reckless-says-correnti/ Comments URL: https://news.ycombinator.com/item?id=48923217 Points: 90 # Comments…

SpaceX’s recent doubling of the costs for Starlink “lacks any reasonable ethical process” and could be considered “reckless”, according to NJ Correnti, founder and CEO, NICHOLAS AIR. In an email to customers last week, Starlink advised its unlimited aviation plan would rise from $10,000 per month to $20,000 with the equipment price increasing from $145,000 to $200,000. It also plans to add regional boundaries to service plans that limit coverage to a chosen continent, all effective from August 7th. “I am shocked, for lack of better words,” Correnti, who was in the process of installing Starlink across NICHOLAS AIR’s entire fleet, tells CJI. “How can any service or product provider advise its customer base that it is doubling prices with little to no advance notice? “In most industries, that approach would be viewed as commercially reckless. It feels very much like the old ‘bait and switch’ tactic.” Aircraft broker Denise Wilson says the rise made for an awkward moment with a client. “On the day of closing on a Challenger 350 that I was acquiring for my client specifically because it had Starlink installed (a client request), I had to explain that the monthly cost I had quoted as $10,000 was now going to be $20,000. Literally no warning which made for an uncomfortable situation for all involved,” she commented on the CJI LinkedIn page.