Welcome to our dedicated page for Gogo news (Ticker: GOGO), a resource for investors and traders seeking the latest updates and insights on Gogo stock.
Gogo Inc (NASDAQ: GOGO) provides cutting-edge inflight connectivity solutions for business aviation, combining air-to-ground and satellite technologies. This page aggregates official announcements and market-moving developments for stakeholders tracking the company's progress.
Access curated press releases covering quarterly earnings, technology partnerships, and regulatory milestones. Investors will find updates on service expansions, equipment certifications, and strategic initiatives shaping the future of airborne connectivity.
All content is sourced directly from company filings and verified industry publications. Bookmark this page for efficient tracking of GOGO's advancements in smart cabin systems, 5G integration, and aviation broadband leadership.
Gogo Business Aviation (NASDAQ: GOGO) has achieved over 1,000 successful AVANCE system updates through its over-the-air (OTA) feature, significantly cutting software upgrade time by 83%. This remote, hands-free process replaces the older USB kit method, facilitating simultaneous updates for all aircraft in a fleet. The AVANCE platform is designed to allow seamless upgrades to new technologies like Gogo Galileo and Gogo 5G. OTA, introduced with AVANCE software update v4.4, is now the fastest-adopted update in Gogo's history. Accessible through the Gogo DASH app and a Gogo Cloudport, the system enhances operational efficiency for Gogo’s global customer base.
Skyservice Business Aviation has announced the establishment of a Gogo AVANCE Center of Excellence at its Calgary, Toronto, and Montreal locations. Starting today, priority bookings are available for the installation of Gogo AVANCE systems on Bombardier Challenger 300 series aircraft ahead of the 2026 network transition to LTE technology. This move aims to enhance inflight connectivity and experience for both flight crew and passengers. Aircraft owners who upgrade from legacy systems to AVANCE can benefit from improved connectivity and rebates ranging from $25,000 to $50,000. Skyservice, a long-term Gogo partner and authorized dealer, has been approved by both TCCA and FAA for these installations.
Gogo Business Aviation (NASDAQ: GOGO) announced a new partnership with ALAMO Engineering GmbH to develop a European Supplemental Type Certificate (STC) for the Gogo Galileo HDX antenna on Cessna Citation Latitude midsize jets. This STC will cover nearly 400 aircraft globally. The HDX system will offer high-performance inflight Wi-Fi, utilizing Eutelsat OneWeb's Low-Earth-Orbit satellite network. Gogo's Galileo HDX system has already been certified for other aircraft types in Europe, with ALAMO Engineering playing a key role in future developments. Gogo is now accepting orders for the new service and will offer in-person demos at EBACE in Geneva.
Gogo Inc. (NASDAQ: GOGO) announced strong Q1 2024 financial results, with total revenue of $104.3 million, a 6% increase year-over-year, and record service revenue of $81.7 million, up 4%. Net income was $30.5 million, a 49% increase from Q1 2023. The company repurchased shares and announced milestones for the Gogo Galileo launch. The 2024 guidance includes revenue of $410-425 million and Free Cash Flow of $20-40 million. Long-term targets project revenue growth of 15-17% from 2023-2028.
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