A CEO taking shots at the competition is nothing new. Doing so without data to back up the claims, however, can create more questions rather than boosting the product profile.
earnings call
Viasat doubles down on interoperability to address short, mid-term capacity challenges
Despite the troubles with its first flagship ViaSat-3 satellite, Viasat continues to maintain a positive outlook. Yes, the lack of capacity from the new satellite over the Americas is a problem. But for the next couple years that should only impact its terrestrial connectivity business, not the higher-margin mobility or government business lines.
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.
Gogo pays down debt, reports record quarterly service revenue
Gogo notified debtors of its intention to pay off $100 million of outstanding debt, a move that will help the company reduce its long-term interest expenses.
Gogo sees record revenue, saves on 5G lawsuit costs
Gogo’s legal victory at the end of September allows the company to continue selling its new Gogo 5G network, even as SmartSky believes it will succeed with an appeal to have the injunction reinstated. The ruling also saved the company a few million dollars.
Gogo sees 5G chip issues delaying deployment
Corporate jets are back in the air, and they’re more connected than ever. Gogo’s Q2 results indicates a strong rebound in activity for its corporate jet market, boosting revenues. But the company’s 5G network upgrade will slip a bit more owing to chip shortages.
US airlines delivering less efficient operations
A review of employment numbers and schedules suggests the airlines are up to 20% less efficient than in 2019 on a per-employee basis.
Allegiant goes Extra for legroom on board
Extra leg room is coming to Allegiant. For a price. The carrier will expand its “Allegiant Extra” offering (first trialed in 2019) significantly across the fleet.
Delta disses discount airlines, pursues premium passengers
Can Delta Air Lines continue to deliver outsized revenue gains in its premium cabins? The carrier appears focused on that segment, especially in the long-haul markets, even as domestic LCC competition heats up.
Gogo sees LEO as part of its future
Gogo reported its first quarterly profit in history on record service revenues in Q3 2021. And the company is not slowing down. Executives continue to push the potential for future growth opportunities, both terrestrial and satellite-based, while also still talking down competitive inroads.