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Gogo +3.2% on deal to retrofit Airbus jets with new in-flight tech

Apr. 06, 2016 9:15 AM ETGogo Inc. (GOGO) StockBy: Jason Aycock, SA News Editor1 Comment
  • Gogo (NASDAQ:GOGO) is up 3.2% premarket as it announces a partnership with the Airbus Corporate Jet Centre (OTCPK:EADSY) that will put its 2Ku connectivity technology on new Airbus A350s.
  • The move allows for retrofit installation of new-generation antennas for A350s via a factory-authorized installation. Previously only first-generation gimbaled antennas went on the planes.
  • Delta Air Lines will be first to take advantage of the new arrangement and first to bring domestic 2Ku connectivity, when it takes delivery of such an A350 in 2017.
  • Now read The Lawsuit From American Airlines Is A Scare Tactic »

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