• Fri, Jun. 3, 3:00 PM
    | Fri, Jun. 3, 3:00 PM | 6 Comments
  • Fri, Jun. 3, 12:47 PM
    | Fri, Jun. 3, 12:47 PM
  • Fri, Jun. 3, 11:27 AM
    • ViaSat (NASDAQ:VSAT) is up 3.4% -- and rival in-flight Wi-Fi provider Gogo (NASDAQ:GOGO) down 14.2% -- after a report that ViaSat has won a contract from American Airlines to deploy on a new Boeing 737 MAX fleet.
    • The planes will use ViaSat's Ka-band satellite technology. That means leveraging the company's first two generations of satellites (ViaSat-1 and ViaSat-2) along with 2019 launches of its ViaSat-3 platform.
    • "Our satellite bandwidth enables an 'at home' Internet experience that can serve everyone on the plane – and empowers innovative business models for airlines and their passengers," said ViaSat chief Mark Dankberg.
    | Fri, Jun. 3, 11:27 AM | 30 Comments
  • Fri, Jun. 3, 9:16 AM
    | Fri, Jun. 3, 9:16 AM | 26 Comments
  • Thu, May 26, 3:00 PM
    | Thu, May 26, 3:00 PM | 2 Comments
  • Thu, May 26, 12:45 PM
    | Thu, May 26, 12:45 PM
  • Mon, May 23, 5:44 PM
    • Gogo (GOGO +2.3%) has priced an upsized $525M debt offering tonight, as it makes its junk bond debut in an effort to get cash to advance its next-gen technology rollout.
    • The company is offering that amount in 12% senior secured notes due 2022. It's expected to close on Thursday.
    • As expected, the company will repay its outstanding senior term credit and then use the rest for its rollout.
    • The offering had been ranked several levels below investment grade by S&P and Moody's.
    • Now read Gogo And Airbus Strike A Deal »
    | Mon, May 23, 5:44 PM | 2 Comments
  • Mon, May 23, 10:50 AM
    • Gogo (NASDAQ:GOGO), up 1.6% this morning, has added Jet ConneX to its portfolio of in-flight services offered to business aircraft.
    • Jet ConneX, a Ka-band service from Inmarsat (OTCPK:IMASY -0.6%), promises a single-operator seamless network for global flying, based on next-gen Inmarsat-5s satellites.
    • The offering joins Gogo's others in its Business Aviation lineup, including Gogo Biz, SwiftBroadband, Classic Aero, Swift64, Iridium, terrestrial 3G and Gogo Cloud; and allows for such high-bandwidth appliations as real-time TV streaming along with video calling and conference along with large, high-speed file transfer.
    • Now read Gogo And Airbus Strike A Deal »
    | Mon, May 23, 10:50 AM
  • Wed, May 18, 3:53 PM
    • Gogo (NASDAQ:GOGO) is launching a sale of $500M in debt as part of a rollover.
    • The in-flight connectivity provider will offer $500M privately in senior secured notes due 2022, to be issued by subsidiaries Gogo Intermediate Holdings and Gogo Finance.
    • Proceeds will repay a senior term credit facility, and what's left could be applied to rolling out its next-gen technology.
    • Shares are climbing out of doldrums today, now up 1.5% shortly before the close.
    • Now read Gogo And Airbus Strike A Deal »
    | Wed, May 18, 3:53 PM | 1 Comment
  • Fri, May 6, 10:03 AM
    • Gogo (NASDAQ:GOGO) was up as much as 2.7% in early going but has sacrificed gains, now -1.6% after its Q1 earnings report beat expectations on top and bottom lines following some recent customer wins with Delta and International Airlines Group.
    • Segment profits in North American commercial aviation and business aviation combined rose 29% to $34M. EBITDA of $14.5M was up 76% and beat an expected $13.6M.
    • Service revenue was $118.7M (up 24.4%); and equipment revenue was $23M (up 14.5%). Service revenue by segment: Commercial Aviation-North America, $83.4M (up 15.6%); Commercial Aviation-Rest of World, $4.6M (up 226%); Business Aviation, $30.7M (up 40.8%).
    • In operations, aircraft equivalents during the period rose to 2,512 from a year-ago 2,155. Average monthly service revenue per aircraft equivalent fell to $11,137 from $11,163.
    • Average revenue per session rose to $13.05 from $11.73, and connectivity take rate dipped to 6.5% from a year-ago 7.2%.
    • The company affirmed full-year guidance for total revenue of $575M-$595M and EBITDA of $55M-$65M, both in line with expectations.
    • Press Release
    | Fri, May 6, 10:03 AM | 5 Comments
  • Thu, May 5, 4:00 PM
    • Gogo (GOGO +1.5%) is partnering with International Airlines Group in order to bring its 2Ku in-flight technology to dozens more aircraft.
    • It's the first European airline group to commit to Gogo's next-gen solution.
    • The company will deploy 2Ku on 118 aircraft at British Airways, four Boeing 757s at Aer Lingus (OTC:AIRXY) and up to 15 long-haul craft at Iberia.
    • Most installations are set to be completed by 2019; the first British Airways craft is set for service early next year.
    • Now read Gogo And Airbus Strike A Deal »
    | Thu, May 5, 4:00 PM | 3 Comments
  • Wed, May 4, 2:23 PM
    • Gogo (NASDAQ:GOGO) -- down as much as 6.5% today after it was brought up as a short idea at the Ira Sohn conference -- jumped in recent minutes back into positive ground on news that Delta Air Lines (NYSE:DAL) is adding Gogo's offering to at least 350 aircraft.
    • That brings Delta's commitment to Gogo's 2Ku in-flight Wi-Fi tech to more than 600 mainline aircraft.
    • The installation will offer Delta's customers bandwidth more than 20 times Gogo's ATG technology, Delta says, making for easier video streaming.
    • Now read Gogo And Airbus Strike A Deal »
    | Wed, May 4, 2:23 PM | 19 Comments
  • Wed, May 4, 9:55 AM
    • The company is facing many more competitors, particularly Panasonic and Viasat, says Genevieve Kahr from Ailanthus Capital Management. Gogo's (GOGO -1.5%) market share has fallen to 60% from 94%, and its air-to-ground network is stretched.
    | Wed, May 4, 9:55 AM | 11 Comments
  • Wed, Apr. 6, 9:15 AM
    • 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 »
    | Wed, Apr. 6, 9:15 AM | 1 Comment
  • Mon, Mar. 21, 12:27 PM
    • In-flight connectivity firm Gogo (GOGO +2.7%) and Air Canada have extended their partnership to cover the airline's international fleet.
    • Gogo will install its 2Ku technology on Air Canada's wide-body international craft starting with Boeing 777s this fall, and eventually including Boeing 787s.
    • Air Canada is the only Canadian carrier offering in-flight Wi-Fi across its entire North American narrow-body fleet.
    | Mon, Mar. 21, 12:27 PM | 5 Comments
  • Mon, Mar. 7, 12:44 PM
    • Intelsat (NYSE:I) is up 17.1% today following a deal making in-flight wireless provider Gogo (GOGO -2%) the anchor tenant for the first geosynchronous/low earth orbit shared satellite network, Gogo says.
    • Gogo's promising "pole-to-pole and gate-to-gate" coverage using a combination of Intelsat's Epic GEO satellites and OneWeb's planned LEO setup.
    • As part of a long-term deal, Gogo will buy extra capacity on Intelsat's Ku-band infrastructure starting this year. When the combined network is fully deployed, Gogo says its 2Ku systems will "dynamically route traffic across the fully global 10 Tbps shared network based on coverage, latency, throughput and other performance criteria."
    • Intelsat also won a second contract to offer satellite services to U.S. Central Command, supporting Mideast operations.
    | Mon, Mar. 7, 12:44 PM
Company Description
Gogo, Inc. operates as a holding company with interests in in-flight internet connectivity and wireless in-cabin digital entertainment solutions. Its services include Passenger Connectivity which allows passengers to connect to the internet through various purchase options. Passenger... More
Sector: Technology
Industry: Diversified Communication Services
Country: United States