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.
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Airbus, OneWeb team for biz jet connectivity boost
Airbus Corporate Jets plans to offer a new inflight internet option, delivered over OneWeb’s LEO constellation, for its line of business jet installations. Eventually. With as yet undisclosed hardware.
Gogo adds AirSprint as first Canadian 5G fleet customer
The Gogo 5G network is set to take flight north of the border. The company announced that AirSprint Private Aviation will fit its business jet fleet with the updated systems, including options to add satellite connectivity on some aircraft.
Gogo authorizes $50 million share buy-back
Gogo authorized share buy-backs up to $50 million this week as part of its commitment to return equity to shareholders.
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.
Rolling delays hit inflight connectivity over China
When it comes to inflight connectivity growth opportunity China is hard to ignore. It is a massive market, but one with almost no short-haul aircraft carrying Wi-Fi hardware on board. And despite repeated promises that the online world is finally ready to imminently take flight, at least one supplier is finally backing off the hype and recognizing significant additional delays in getting its systems off the ground.
Hughes signs on as OneWeb partner, launches new IFC options for airlines
Hughes Network Systems is not new to the inflight internet world. But the company is getting more aggressive in its pitch to airlines. Hughes is now a global distribution partner of OneWeb’s LEO constellation services. The deal was announced this week at Aircraft Interiors Expo 2023.