Gogo authorized share buy-backs up to $50 million this week as part of its commitment to return equity to shareholders.
Gogo 5G
Performance puffery in the ATG world
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.
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 launches AVANCE LX5, a more compact ATG solution
The new Gogo 5G solution is still a year-ish away for aircraft owners, but the company announced availability of AVANCE LX5, an upgrade to the L5 solution that delivers a more compact installation on board.
Gogo 5G takes a year delay on additional chip flaws
The Gogo 5G service will, once again, be delayed. The company announced a design error which must be resolved prior to deployment. Gogo 5G is now expected to go live in mid-2024, pending resolution of the chip flaws.
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 brings next-gen BizAv WiFi to Canada
Gogo is pressing forward with its updated network rollout, now confirming plans to cover Canadian markets with the improved service.
SmartSky boosts patent claims against Gogo
SmartSky’s patent lawsuit against Gogo has grown. By increasing the number of patents at issue, SmartSky gains additional opportunities to win the suit; any one violation is sufficient for it to secure victory.
Gogo’s 5G chips move to manufacturing
Last August Gogo announced a delay in its Gogo 5G network activation, owing to issues in development of the chipset for its on-board modem. Today the company confirms that those issues are resolved.
Does ATG have a future in commercial aviation?
Cellular-based air-to-ground technologies brought inflight internet to thousands of aircraft and millions of passengers, first in North America, then in Europe and beyond. And while the technology continues to grow in some markets, some suppliers are more skeptical of its continued value, at least for commercial airlines.