With the infusion of new cash coming as part of the Intelsat deal Gogo is well-positioned to invest in its updated air-to-ground (ATG) network, branded “Gogo 5G.” And the company has high hopes for increased revenue that network will deliver, both from its Business Aviation customers and from Intelsat. The latter secured a 10-year exclusive contract to resell Gogo’s ATG connectivity to commercial airlines and the (mostly) regional jets flying with the system installed as part of the deal to acquire the Commercial Aviation business.
in-flight connectivity
SkyFive makes major 5G inflight connectivity progress in China
SkyFive is betting big on inflight connectivity in China. The upstart air-to-ground (ATG) network infrastructure provider recently announced a Strategic Technology Partnership with Airbus. The partnership also includes China Mobile as the local mobile telecom provider.
Intelsat emerges as leading contender for Gogo’s Commercial Aviation business
We could learn the fate of Gogo’s Commercial Aviation (CA) business by the end of the month, assuming some details in a recent Intelsat bankruptcy filing play out. The latter filed for approval to increase its Debtor-in-Possession (DIP) funding as part of a transaction it hopes to consummate by 31 August.
Gogo tops 1,000 install milestone for AVANCE L5 biz jet wifi solution
Less than three years after the product first took flight, Gogo’s business aviation division reached the 1,000 units installed milestone on its AVANCE L5 inflight wifi connectivity solution. More than 325,000 flights have operated with the system installed since Q4 2017 when the upgraded ATG wifi system became available.
AirAsia pivots away from its airline roots
“We have successfully pivoted from an airline to an all-in-one digital lifestyle company anchored on travel.” This was the key message delivered by AirAsia Group CEO Tony Fernandes as part of the company’s Q2 financial results that showed a 96% drop in quarterly revenue. Airline-related revenue dropped 98% while non-airline revenue, a much smaller portion of the company’s operations, dipped only 55%.
Global Eagle’s connectivity business shines as content falters
Global Eagle quietly released its Q2 2020 earnings last Friday and the numbers are bad. But, in at least one context, not nearly as bad as they could have been. Somehow the company’s global connectivity business segment managed to eke out a positive margin for the quarter.
Gogo confirms "extensive" discussions to sell commercial airline inflight connectivity business
For more than two years Gogo teased the idea of splitting the company between its Commercial (airline) and Business (private) Aviation segments. The rumblings ebb and flow, but by mid-July the tone of the conversation was undeniable. Now the company confirmed the news. Gogo has retained outside advisors to assist with the formal process to “evaluate our strategic options” for the business.
Seeking a strategic use for Viasat’s $175 million raise
Was Viasat’s recent deal to secure $175mm in new capital just a matter of convenient timing? Or is there a specific plan for the cash? CEO Mark Dankberg got into some of the possibilities today, including potential inflight connectivity opportunities, while clearly leaving the door open for many more options to come.
Virgin Australia to ditch twin-aisle fleet, focus on domestic and regional service
As part of its recapitalization plan Virgin Australia intends to retire its long-haul aircraft. The carrier’s five 777s and six A330s will be removed from service as it invests “in the core Virgin Australia domestic and short-haul international operation.”
Astronics still sees opportunity in BizAv IFC market
Astronics is ready to move beyond the AeroSat antenna challenges of years past. In today’s quarterly earnings call CEO Peter Gundermann exuded confidence in the potential for the company’s latest partnership, with SES and Collins Aerospace, for a tail-mount solution to fly on larger biz jets.