The ongoing state of flux at satellite fleet titan SES makes for intriguing viewing, as continued financial losses reflect a delayed adaptation strategy, but one the company’s recent executive reshuffle is expected to help execute. The changes up top might provide a clue why, despite revenue and profit declines, the first quarter of 2018 was hailed a success and future outlook considered rosy. It was a quarter of damage limitation for SES, setting the scene for a potential recovery back into the black in the second half of the year, according to some satellite industry financial analysts. Yet even carrying an extra 150 channels compared to last year could not rescue SES Video revenue, which slipped 3.6% to €321.5 million…