Gogo’s next-gen connectivity solution will be delayed a few more months, but the company still expects to be online by the end of the year. And it is forecasting massive install growth to follow.
AVANCE L3
SmartSky grows STC, install base
SmartSky is gaining momentum in its transition from building out a next generation air-to-ground network to activating aircraft. The past month has seen several significant milestones on that path, covering both its Flagship and LITE solutions for the business aviation market.
Slower upgrade pacing hits Gogo’s hardware deliveries
Gogo has, once again, revised its revenue guidance lower for 2023. The company now expects 2023 full year revenue between $390-400 million, down from a forecast $440-455 million forecast at the beginning of the year.
Volato picks SmartSky for HondaJet fleet
Travelers on Volato’s fleet of HondaJet aircraft will soon have access to SmartSky‘s inflight internet services. The two companies agreed to fit more than 20 new jets in the fractional fleet operations with the SmartSky LITE solution, with an option to retrofit existing aircraft in the fleet. SmartSky demonstrated the capability to deliver the high-quality […]
Gogo reports record service revenue, reduces forecast
Chalk up another record revenue quarter for Gogo. But the company expects the next couple years to be rough, with downward revisions on revenue, free cash flow, and other metrics.
More drama for the Jet It connectivity plans
Last week fractional jet operator Jet It announced plans to install Gogo’s AVANCE L3 inflight internet offering on board, upgrading and expanding the service available to its customers. Which was particularly surprising given that the company made a similar announcement with SmartSKy nine months prior.
Gogo signs Jet It for AVANCE L3 deployment
Fractional aircraft operator Jet It will install Gogo’s AVANCE L3 solution across its fleet of light jets. The inflight internet service will fly on Jet It’s HondaJets and Gulfstream G150s, as well as new Embraer Phenom 300 aircraft joining the fleet.
A line-fit shift
The in-flight connectivity industry has something of a history around getting hardware installed at the factory, but not really as a line-fit option. Later this year another aircraft manufacturer will finally transition to a more traditional installation approach, with the blessings of regulators.
PlaneSense goes full fleet with Gogo AVANCE L3 connectivity
The PlaneSense Pilatus fleet will soon be fully online. The company will soon complete its installation of the Gogo AVANCE L3 solution across the PC-12 and PC-24 fleet.
Gogo’s Value Pitch
Riding the wave of business aviation recovery, in-flight connectivity provider Gogo is on a mission to make sure the world knows it is a successful business. And one that believes its stock should be trading at a higher price.