STOCK TITAN

Gogo and Skyservice Business Aviation Developing Extensive 5G STC Portfolio

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Gogo Business Aviation (NASDAQ: GOGO) has partnered with Skyservice Business Aviation to develop Supplemental Type Certificates (STCs) for Gogo 5G on six aircraft models. The STCs, issued by Transport Canada Civil Aviation (TCCA) and the Federal Aviation Administration (FAA), will enhance air-to-ground inflight entertainment and connectivity for North American operators. Gogo's 5G network includes over 159 sites, with 9 in Canada.

Skyservice is developing STCs for the Gulfstream G280, Embraer Legacy 450/500, Cessna Citation CJ3/3+, Bombardier Challenger 300/350, Bombardier Challenger 604/605, and Cessna Citation X. The 5G upgrade requires installation of an AVANCE L5 and two MB13 phased-array antennas. Gogo is offering savings of up to $50,000 for operators upgrading to AVANCE and provisioning for 5G.

Gogo Business Aviation (NASDAQ: GOGO) ha collaborato con Skyservice Business Aviation per sviluppare Certificati di Tipo Supplementari (STC) per Gogo 5G su sei modelli di aeromobili. Gli STC, emessi dalla Transport Canada Civil Aviation (TCCA) e dalla Federal Aviation Administration (FAA), miglioreranno l'intrattenimento in volo e la connettività aria-terra per gli operatori nordamericani. La rete 5G di Gogo include oltre 159 siti, di cui 9 in Canada.

Skyservice sta sviluppando STC per il Gulfstream G280, Embraer Legacy 450/500, Cessna Citation CJ3/3+, Bombardier Challenger 300/350, Bombardier Challenger 604/605 e Cessna Citation X. L'aggiornamento a 5G richiede l'installazione di un AVANCE L5 e due antenne phased-array MB13. Gogo offre risparmi fino a $50.000 per gli operatori che effettuano l'upgrade a AVANCE e si preparano per il 5G.

Gogo Business Aviation (NASDAQ: GOGO) se ha asociado con Skyservice Business Aviation para desarrollar Certificados Suplementarios de Tipo (STC) para Gogo 5G en seis modelos de aeronaves. Los STC, emitidos por Transport Canada Civil Aviation (TCCA) y la Federal Aviation Administration (FAA), mejorarán el entretenimiento en vuelo y la conectividad aire-tierra para los operadores de América del Norte. La red 5G de Gogo incluye más de 159 sitios, con 9 en Canadá.

Skyservice está desarrollando STC para el Gulfstream G280, Embraer Legacy 450/500, Cessna Citation CJ3/3+, Bombardier Challenger 300/350, Bombardier Challenger 604/605 y Cessna Citation X. La actualización a 5G requiere la instalación de un AVANCE L5 y dos antenas de matriz fase MB13. Gogo ofrece ahorros de hasta $50,000 para los operadores que actualicen a AVANCE y se preparen para 5G.

Gogo 비즈니스 항공(NASDAQ: GOGO)은 Skyservice 비즈니스 항공과 협력하여 여섯 가지 항공기 모델에 대해 Gogo 5G를 위한 보조형 인증서(STC)를 개발했습니다. Transport Canada Civil Aviation (TCCA)와 Federal Aviation Administration (FAA)에서 발급한 STC는 북미 운영자에 대한 비행 중 오락 및 공중-지상 연결성을 향상시킬 것입니다. Gogo의 5G 네트워크는 캐나다에 9개를 포함하여 159개 이상의 사이트를 보유하고 있습니다.

Skyservice는 Gulfstream G280, Embraer Legacy 450/500, Cessna Citation CJ3/3+, Bombardier Challenger 300/350, Bombardier Challenger 604/605, 그리고 Cessna Citation X에 대한 STC를 개발하고 있습니다. 5G 업그레이드에는 AVANCE L5와 두 개의 MB13 위상 배열 안테나 설치가 필요합니다. Gogo는 AVANCE로 업그레이드하고 5G를 준비하는 운영자에게 최대 $50,000의 절약 혜택을 제공합니다.

Gogo Business Aviation (NASDAQ: GOGO) a établi un partenariat avec Skyservice Business Aviation pour développer des certificats de type supplémentaires (STC) pour Gogo 5G sur six modèles d'avions. Les STC, délivrés par Transport Canada Civil Aviation (TCCA) et la Federal Aviation Administration (FAA), amélioreront le divertissement en vol et la connectivité air-sol pour les opérateurs nord-américains. Le réseau 5G de Gogo comprend plus de 159 sites, dont 9 au Canada.

Skyservice développe des STC pour le Gulfstream G280, l'Embraer Legacy 450/500, le Cessna Citation CJ3/3+, le Bombardier Challenger 300/350, le Bombardier Challenger 604/605 et le Cessna Citation X. La mise à niveau vers le 5G nécessite l'installation d'un AVANCE L5 et de deux antennes à réseau phasé MB13. Gogo offre des économies allant jusqu'à 50 000 $ pour les opérateurs qui passent à AVANCE et se préparent pour le 5G.

Gogo Business Aviation (NASDAQ: GOGO) hat sich mit Skyservice Business Aviation zusammengeschlossen, um Ergänzende Typenzertifikate (STC) für Gogo 5G auf sechs Flugzeugmodellen zu entwickeln. Die STCs, die von Transport Canada Civil Aviation (TCCA) und der Federal Aviation Administration (FAA) ausgestellt werden, verbessern die Inflight-Unterhaltung und die Verbindung zwischen Luft und Boden für nordamerikanische Betreiber. Das 5G-Netz von Gogo umfasst über 159 Standorte, darunter 9 in Kanada.

Skyservice entwickelt STCs für den Gulfstream G280, Embraer Legacy 450/500, Cessna Citation CJ3/3+, Bombardier Challenger 300/350, Bombardier Challenger 604/605 und Cessna Citation X. Das 5G-Upgrade erfordert die Installation eines AVANCE L5 und zwei MB13 Phased-Array-Antennen. Gogo bietet Ersparnisse von bis zu $50.000 für Betreiber, die auf AVANCE aufrüsten und sich auf 5G vorbereiten.

Positive
  • Partnership with Skyservice to develop STCs for Gogo 5G on six aircraft models
  • Expansion of 5G network with over 159 sites, including 9 in Canada
  • Offering savings of up to $50,000 for operators upgrading to AVANCE and provisioning for 5G
  • Development of extensive 5G STC portfolio for various aircraft models
Negative
  • 5G service not available until second quarter of 2025
  • Network transition to LTE technology delayed until early 2026

Insights

Gogo's partnership with Skyservice to develop STCs for 5G connectivity on various aircraft models is a strategic move to expand their market reach. The TCCA and FAA certifications for six aircraft types will significantly broaden Gogo's potential customer base. This collaboration demonstrates Gogo's commitment to enhancing in-flight connectivity and staying ahead in the competitive aviation technology sector.

The planned transition to LTE technology in 2026 indicates Gogo's forward-thinking approach, ensuring their services remain cutting-edge. However, this transition might pose challenges for aircraft with legacy systems, potentially necessitating upgrades. The $50,000 incentive for early adopters is a smart tactic to drive adoption and offset potential resistance to change.

This partnership signifies a positive market expansion for Gogo, particularly in the Canadian market with 9 out of 159 5G sites located there. The collaboration with Skyservice, a prominent player in North American business aviation, could lead to increased market penetration and customer acquisition.

The development of STCs for various aircraft models suggests a targeted approach to different market segments within business aviation. This diversification strategy could help Gogo capture a larger market share and potentially increase its revenue streams. The planned LTE transition in 2026 also positions Gogo to maintain its competitive edge in the long term, though it may require significant investment and could impact short-term financials.

Gulfstream G280 and Embraer Legacy 450/500 TCCA STC Issued; Securing FAA Validations for Three Additional Aircraft Models

BROOMFIELD, Colo., Aug. 26, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced a partnership with Skyservice Business Aviation ("Skyservice"), a North American leader in business aviation, to develop Supplemental Type Certificates (STC) from Transport Canada Civil Aviation (TCCA) and the Federal Aviation Administration (FAA) for Gogo 5G on six aircraft models.

Gogo 5G will provide North American operators with enhanced air-to-ground (ATG) inflight entertainment and connectivity (IFEC), bolstered by a network of more than 159 sites, 9 of which are located in Canada, as Gogo continues to expand its 5G Canadian coverage.

"Our global clients rely on us to provide world-class in-air communication solutions," said Benjamin Murray, president and CEO, Skyservice. "We are thrilled to partner with Gogo in order to expand the availability of fast, cutting-edge, and dependable 5G service options to a broader range of aircraft."

The STCs Skyservice has in development for Gogo 5G will cover the following in-service aircraft:

  • Gulfstream G280 (TCCA STC issued, FAA validation pending)
  • Embraer Legacy 450/500 (TCCA STC issued, FAA validation pending)
  • Cessna Citation CJ3/3+ (TCCA STC issued, FAA validation pending)
  • Bombardier Challenger 300/350 (TCCA STC issued, FAA validation received)
  • Bombardier Challenger 604/605 (TCCA STC issued, FAA validation received)
  • Cessna Citation X (TCCA STC to begin shortly)

The extensive 5G STC portfolio in development by Skyservice, a Gogo authorized dealer, will be available to these aircraft operators with installation of an AVANCE L5 and two MB13 phased-array antennas, and when available in the second quarter of 2025, the L5 will be easily swapped with AVANCE LX5 (5G Line Replaceable Unit).

"The Skyservice team is a long-standing and valued partner of Gogo, and a significant collaborator in bringing the future of air-to-ground IFEC to our shared customers," said David Salvador, vice president of aftermarket sales for Gogo. "Their continued investment in Gogo 5G certification further expands our 5G STC portfolio and is exciting news for operators of those aircraft desiring a great inflight connectivity experience."

Gogo continues to take 5G orders and is offering significant savings of up to $50,000 for operators interested in upgrading to AVANCE and provisioning for Gogo 5G.

Additionally, as part of Gogo's network transition to LTE technology, anticipated in early 2026, Skyservice is offering scheduled slots for upgrading from legacy ATG systems (ATG 1000, 2000, 4000, 5000) to AVANCE as part of a dedicated space upgrade program. Contact Skyservice for your connectivity needs.

About Gogo 
Gogo is the world's largest provider of broadband connectivity services for the business aviation market. We offer a customizable suite of smart cabin systems for highly integrated connectivity, inflight entertainment, and voice solutions. Gogo's products and services are installed on thousands of business aircraft of all sizes and mission types from turboprops to the largest global jets, and are utilized by the largest fractional ownership operators, charter operators, corporate flight departments and individuals.

As of June 30, 2024, Gogo reported 7,031 business aircraft flying with its broadband ATG systems onboard, 4,215 of which are flying with a Gogo AVANCE L5 or L3 system; and 4,247 aircraft with narrowband satellite connectivity installed. Connect with us at www.gogoair.com.

About Skyservice MRO
As a comprehensive global shop for all business and commercial aircraft MRO services, Skyservice is committed to quality, service excellence, and transparent on-time project delivery. Skyservice is an approved aircraft maintenance organization of TCCA, FAA, EASA, BDCA, HK-CAD, 2-REG, Aruba and CAAS. Services include scheduled maintenance, avionics and upgrades, AOG services, aircraft parts & supplies, teardown and recycling, NDT, PPI and an assortment of STCs on leading OEM brand aircraft.

About Skyservice™
Skyservice is a North American leader in business aviation dedicated to innovation, responsible operations, safety, and service excellence. Approaching 40 years of distinction, Skyservice is at the forefront of the business aviation industry with best-in-class facilities across North America. Our skilled maintenance teams, award-winning fixed base operator facilities, first-class aircraft management, private jet charter services, aircraft sales and acquisition teams combine to deliver an exception experience to our valued customers. To learn more, visit https://www.skyservice.com/.  

Cautionary Note Regarding Forward-Looking Statements 

Certain disclosures in this press release include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding our business outlook, industry, business strategy, plans, goals and expectations concerning our market position, international expansion, future technologies, future operations, margins, profitability, future efficiencies, capital expenditures, liquidity and capital resources, and other financial and operating information. When used in this discussion, the words "anticipate," "assume," "believe," "budget," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "will," "future" and the negative of these or similar terms and phrases are intended to identify forward-looking statements in this press release.

Forward-looking statements are based on our current expectations regarding future events, results or outcomes, including the launch of Gogo Galileo LEO global broadband service ("Global Broadband") and Gogo 5G. These expectations may or may not be realized. Although we believe the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. Some of these expectations may be based upon assumptions, data or judgments that prove to be incorrect. Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors. Although it is not possible to identify all of these risks and factors, they include, among others, our ability to develop and deploy Global Broadband and Gogo 5G; our ability to deliver the expected performance capabilities of any new technology, including, without limitation, Global Broadband and Gogo 5G; and other events beyond our control that may result in unexpected adverse operating results.

Additional information concerning these and other factors can be found under the caption "Risk Factors" in our annual report on Form 10-K for the year ended December 31, 2023, as filed with the Securities and Exchange Commission on February 28, 2024 and in subsequent quarterly reports on Form 10-Q as filed with the SEC.

Any one of these factors or a combination of these factors could materially affect our financial condition or future results of operations and could influence whether any forward-looking statements contained in this report ultimately prove to be accurate. Our forward-looking statements are not guarantees of future performance, and you should not place undue reliance on them. All forward-looking statements speak only as of the date made and we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Media Relations Contact:


Investor Relations Contact:

Caroline Bosco  


William Davis

+1 312-517-6127


+1 917-519-6994

cbosco@gogoair.com


wdavis@gogoair.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/gogo-and-skyservice-business-aviation-developing-extensive-5g-stc-portfolio-302229835.html

SOURCE Gogo Business Aviation

FAQ

What aircraft models will be covered by Skyservice's STCs for Gogo 5G?

Skyservice is developing STCs for Gogo 5G on six aircraft models: Gulfstream G280, Embraer Legacy 450/500, Cessna Citation CJ3/3+, Bombardier Challenger 300/350, Bombardier Challenger 604/605, and Cessna Citation X.

When will Gogo's 5G service be available for GOGO stock investors?

Gogo's 5G service is expected to be available in the second quarter of 2025, when the AVANCE L5 can be swapped with the AVANCE LX5 (5G Line Replaceable Unit).

What savings is Gogo (GOGO) offering for 5G upgrades?

Gogo is offering savings of up to $50,000 for operators interested in upgrading to AVANCE and provisioning for Gogo 5G.

How many 5G sites does Gogo (GOGO) have in its network?

Gogo's 5G network includes over 159 sites, with 9 of these sites located in Canada.

Gogo Inc.

NASDAQ:GOGO

GOGO Rankings

GOGO Latest News

GOGO Stock Data

932.65M
125.78M
28.18%
73.86%
12.17%
Telecom Services
Communications Services, Nec
Link
United States of America
BROOMFIELD