As with most earnings calls Gogo’s latest ran through myriad statistics and reporting metrics. But, unlike most service providers, CEO Oakleigh Thorne chose to celebrate a massive drop in network consumption over the past 4 years. And for good reason.
business aviation
Gulfstream, Inmarsat hit 500 Jet ConneX install milestone
Gulfstream owners seem to love the Inmarsat Jet ConneX (JX) in-flight connectivity system. The companies announced this week more than 500 of the large cabin business jets now carry the JX kit on board.
Honeywell, SmartSky sign distribution deal
SmartSky announced a new distribution partner for its in-flight connectivity services. Honeywell will add the business aviation distribution option to its existing portfolio of IFC offerings.
Flexjet picks Viasat to upgrade BizJet connectivity
Fractional jet ownership leader Flexjet will add Viasat’s in-flight connectivity products to portions of its fleet, bringing high-speed internet service to its owner/passengers.
Airbus, Latécoère bring LiFi IFE to the business jet market
LiFi is coming to the Airbus Corporate Jet product line. The company signed an agreement with Latécoère Interconnection Systems to develop The ACJ Smart LiFi Monitor, a new and unique In-Flight Entertainment (IFE) technology.
Gogo boosts unlimited streaming subscription option
Unlimited monthly data on board is now available on Gogo’s Biz 4G air-to-ground network. The option is one of three new pricing plans added to the company’s portfolio as it continues to see increased demand for higher bandwidth use cases, including streaming video services, from its business jet customers.
Gogo prices new debt, anticipates huge savings
Gogo announced its long-awaited debt refinancing deal this afternoon, a move that should deliver huge savings for the company. The move allows the company to retire a billion dollars of high-interest debt, reducing both the total leverage and the rate paid.
Gogo slips 5G to 2022, sees smooth upgrade path
Officially slipping the Gogo 5G network into 2022 from this year is not great news, but Gogo’s overall finances emerged from 2020 stronger than expected and the next 5 years should complete the transformation.
SmartSky secures additional funding, sets Summer launch plans
SmartSky announced a new timeline for network deployment, plus some additional cash to help it get there.
FTS secures BizAv in-flight connectivity deal in China
As the business aviation industry bounces back the need for in-flight internet services on board is proving to be compelling across the globe. And while China has generally lagged in delivering those connections on its domestic aircraft the country’s largest operator of private jets is finally ready to get online.