Getting to line-fit status with an aircraft manufacturer is a tremendous accomplishment for any company. This week one IFEC supplier is celebrating that milestone on the A321neo line in Hamburg.
A pair of executive moves atop satellite connectivity providers could alter the landscape a bit. Both Inmarsat and Intelsat saw changes this week, with one departure and one new arrival.
Wireless Systems Solutions issued a statement late Monday disputing the charges levied by SmartSky in a federal lawsuit. Calling the filing retaliatory, WSS’s Laslo Gross spoke with PaxEx.Aero about the claims and what he expects in the next steps of the case.
One of SmartSky’s suppliers is accused of stealing the inflight connectivity company’s intellectual property and trying to sell it as an independent ATG network rather than delivering the contracted goods to the company. This one is gonna get messy, folks.
With the infusion of new cash coming as part of the Intelsat deal Gogo is well-positioned to invest in its updated air-to-ground (ATG) network, branded “Gogo 5G.” And the company has high hopes for increased revenue that network will deliver, both from its Business Aviation customers and from Intelsat. The latter secured a 10-year exclusive contract to resell Gogo’s ATG connectivity to commercial airlines and the (mostly) regional jets flying with the system installed as part of the deal to acquire the Commercial Aviation business.
Intelsat will purchase the Commercial Aviation business from Gogo for a “headline” price of $400 million. Intelsat’s attorney’s announced the deal as part of a hearing at the US Bankruptcy Court this afternoon.
SkyFive is betting big on inflight connectivity in China. The upstart air-to-ground (ATG) network infrastructure provider recently announced a Strategic Technology Partnership with Airbus. The partnership also includes China Mobile as the local mobile telecom provider.
We could learn the fate of Gogo’s Commercial Aviation (CA) business by the end of the month, assuming some details in a recent Intelsat bankruptcy filing play out. The latter filed for approval to increase its Debtor-in-Possession (DIP) funding as part of a transaction it hopes to consummate by 31 August.
The 2020 bonus plans at Gogo will look a bit different than in prior years. A handful of executives are in line for a big score thanks to the planned sale of the Commercial Aviation segment, while regular employees now have a new target to realize their annual reward.
For more than two years Gogo teased the idea of splitting the company between its Commercial (airline) and Business (private) Aviation segments. The rumblings ebb and flow, but by mid-July the tone of the conversation was undeniable. Now the company confirmed the news. Gogo has retained outside advisors to assist with the formal process to “evaluate our strategic options” for the business.