In-flight connectivity and aircraft broadband supplier Gogo Business Aviation has wrapped several key milestones as it continues to develop its 5G air-to-ground (ATG) network and aircraft onboard equipment. Gogo is already testing 5G antennas. “Gogo 5G will be the fourth ATG nationwide network Gogo has designed and built,” said Dave Glenn, SVP/customer operations for Gogo. […]
Intelsat’s Q1 results were released on May 5th and showed some significant improvements y-o-y. For example, total revenues for the quarter-year were $502.7 million ($458.8m in 2020) up by 9.6 per cent y-o-y, and while the company is still working its way through Chapter 11 bankruptcy reconstruction its net loss position also improved to $174.9 […]
In-flight connectivity and entertainment company Gogo is offering an unlimited access flat-fee subscription for its business aviation customers. But the cost might be considered a ‘millionaires only’ at $9,995 per month. Now, providing you own an expensive executive jet which might have cost millions or even tens of millions to buy, then $10,000 a month […]
In-Flight business aviation communications specialists Gogo has refinanced its borrowings. The new borrowings (Term Loan B) will reduce its overall leverage, enhance the company’s liquidity and deliver about $70 million in annual interest payments. Gogo has taken a $725 million 7-year loan along with a 5-year $100 million revolving credit line. As of April 20th, […]
In-Flight entertainment and connectivity provider Gogo Business Aviation which serves the professional and business flight sector has signed up Jet Edge to provide 4G streaming to the private jet charter operator. The joint statement says the long-term partnership will upgrade Jet Edge’s AdvantEdge and Managed super-mid and large cabin fleet to AVANCE L5, Gogo’s most […]
Last year, in-flight communications operator Gogo split itself into two. It sold its airline passenger commercial division to Intelsat for $400 million. It is now refinancing its private aircraft business communications division. Gogo said on April 1st that it had started a convertible debt exchange and the beginning of a refinancing process, marking significant progress […]
In Flight Connectivity (IFC) specialist Gogo says it will not deploy its 5G network this year as originally planned and that availability will slip to 2022. The news emerged during Gogo’s Q4 2020 financial statement. Revenues were $77.6 million for the quarter, up 17 per cent on Q3, but down some 10 per cent on […]
Intelsat has published the first in a blog series designed to debunk myths about satellite communications and how it is planning for its future. Intelsat answers the argument that “Truly exceptional inflight WiFi will always be out of reach”. Intelsat reminds readers that in 2019 – in happier pre-Covid times – US airlines carried more […]
Airbus has confirmed that it has received an order from Intelsat for two satellites. Intelsat had requested permission from its Bankruptcy Court to go ahead with the contract. Intelsat has ordered the paid of Airbus ‘OneSat’ craft which are highly flexible satellites with next-generation software giving Intelsat a variety of technical options including frequency adaptability. […]
Intelsat has ordered up two new satellites to serve its recently acquired Gogo commercial aviation in-flight service. But Intelsat/Gogo faces continued challenges from Viasat which has announced a major airline contract which damage revenues from the existing Gogo service. Viasat says it has won a contract to equip more than 300 Delta Airlines with its […]