Gogo Business Aviation and Airshare Announce Multi-Year Agreement to Provide Upgraded Connectivity
Gogo Business Aviation (NASDAQ: GOGO) and Airshare have signed a multi-year inflight connectivity agreement. The deal allows Airshare's aircraft management clients to install Gogo AVANCE, Gogo 5G, and Gogo Galileo, the company's LEO broadband satellite service. Airshare operates a fleet of nearly 150 aircraft, with 65% of its Phenom 300 aircraft already upgraded to Gogo AVANCE. The remaining fleet is planned for upgrade within the next 12 months.
The partnership aims to enhance Wi-Fi performance for both Managed and Fractional fleets. Gogo Galileo can be added to any size aircraft with an AVANCE system using a single fuselage-mounted antenna, available in two options (HDX or FDX) to meet specific customer and aircraft operator needs.
Gogo Business Aviation (NASDAQ: GOGO) e Airshare hanno firmato un accordo di connettività in volo della durata di diversi anni. L'accordo consente ai clienti di gestione degli aerei di Airshare di installare Gogo AVANCE, Gogo 5G e Gogo Galileo, il servizio satellite LEO a banda larga dell'azienda. Airshare gestisce una flotta di quasi 150 aerei, con il 65% dei suoi aerei Phenom 300 già aggiornati a Gogo AVANCE. Il resto della flotta prevede di essere aggiornato entro i prossimi 12 mesi.
La partnership mira a migliorare le prestazioni del Wi-Fi per entrambe le flotte gestite e frazionate. Gogo Galileo può essere aggiunto a qualsiasi dimensione di aereo con un sistema AVANCE utilizzando un'unica antenna montata sul fusoliera, disponibile in due opzioni (HDX o FDX) per soddisfare esigenze specifiche dei clienti e degli operatori aerei.
Gogo Business Aviation (NASDAQ: GOGO) y Airshare han firmado un acuerdo de conectividad a bordo por varios años. El acuerdo permite a los clientes de gestión de aeronaves de Airshare instalar Gogo AVANCE, Gogo 5G y Gogo Galileo, el servicio de satélite de banda ancha LEO de la empresa. Airshare opera una flota de casi 150 aeronaves, con el 65% de sus aeronaves Phenom 300 ya actualizadas a Gogo AVANCE. El resto de la flota está previsto que se actualice en los próximos 12 meses.
La asociación tiene como objetivo mejorar el rendimiento del Wi-Fi tanto para flotas gestionadas como para flotas fraccionadas. Gogo Galileo se puede agregar a cualquier tamaño de aeronave con un sistema AVANCE utilizando una única antena montada en el fuselaje, disponible en dos opciones (HDX o FDX) para satisfacer las necesidades específicas de los clientes y operadores de aeronaves.
Gogo 비즈니스 항공(GOGO, NASDAQ: GOGO)과 Airshare가 여러 해양 비행 연결 계약을 체결했습니다. 이 계약은 Airshare의 항공기 관리 고객이 Gogo AVANCE, Gogo 5G 및 Gogo Galileo를 설치할 수 있게 합니다. 이는 회사의 LEO 위성 광대역 서비스입니다. Airshare는 거의 150대의 항공기를 운영하고 있으며, 65%의 Phenom 300 항공기가 이미 Gogo AVANCE로 업그레이드되었습니다. 나머지 항공기는 향후 12개월 내에 업그레이드될 예정입니다.
이 파트너십은 관리형 및 분산형 플릿 모두에 대한 Wi-Fi 성능을 향상시키는 것을 목표로 합니다. Gogo Galileo는 AVANCE 시스템이 장착된 항공기에 단일 동체 장착 안테나를 사용하여 추가할 수 있으며, 특정 고객과 항공기 운영자의 필요를 충족하기 위해 두 가지 옵션(HDX 또는 FDX)으로 제공됩니다.
Gogo Business Aviation (NASDAQ: GOGO) et Airshare ont signé un accord de connectivité en vol d'une durée de plusieurs années. Cet accord permet aux clients de gestion d'avions d'Airshare d'installer Gogo AVANCE, Gogo 5G et Gogo Galileo, le service de satellite à large bande LEO de l'entreprise. Airshare exploite une flotte de près de 150 avions, avec 65 % de ses avions Phenom 300 déjà mis à niveau vers Gogo AVANCE. La flotte restante est prévue pour être mise à niveau au cours des 12 prochains mois.
Le partenariat vise à améliorer les performances Wi-Fi pour les flottes gérées et fractionnées. Gogo Galileo peut être ajouté à tout type d'avion équipé d'un système AVANCE à l'aide d'une seule antenne montée sur fuselage, disponible en deux options (HDX ou FDX) pour répondre aux besoins spécifiques des clients et des opérateurs d'avions.
Gogo Business Aviation (NASDAQ: GOGO) und Airshare haben einen mehrjährigen Vertrag für die Inflight-Konnektivität unterzeichnet. Die Vereinbarung ermöglicht es den Flugzeugmanagement-Kunden von Airshare, Gogo AVANCE, Gogo 5G und Gogo Galileo, den LEO-Breitband-Satellitendienst des Unternehmens, zu installieren. Airshare betreibt eine Flotte von fast 150 Flugzeugen, wobei 65% der Phenom 300 Flugzeuge bereits auf Gogo AVANCE aufgerüstet sind. Die restliche Flotte soll innerhalb der nächsten 12 Monate aufgerüstet werden.
Die Partnerschaft zielt darauf ab, die Wi-Fi-Leistung sowohl für verwaltete als auch für fractional fleets zu verbessern. Gogo Galileo kann auf jedem Flugzeugtyp mit einem AVANCE-System mithilfe einer einzigen am Rumpf montierten Antenne hinzugefügt werden, die in zwei Optionen (HDX oder FDX) erhältlich ist, um spezifische Kunden- und Fluggesellschaftsbedürfnisse zu erfüllen.
- Multi-year agreement with Airshare, a fast-growing private aviation operator
- Option to install Gogo AVANCE, Gogo 5G, and Gogo Galileo on Airshare's fleet
- 65% of Airshare's Phenom 300 aircraft already upgraded to Gogo AVANCE
- Plans to upgrade remaining Airshare fleet in the next 12 months
- Gogo Galileo compatible with any size aircraft using AVANCE system
- None.
Insights
This partnership marks a significant advancement in inflight connectivity for private aviation. Gogo's AVANCE system, coupled with the upcoming 5G and Galileo LEO services, represents a substantial leap in technology. The ability to upgrade from legacy ATG systems to these new technologies demonstrates Gogo's forward-thinking approach.
The Galileo LEO service is particularly noteworthy. Its ability to provide global coverage with low latency and high speeds, even for smaller aircraft, could be a game-changer in the industry. The option of two antenna types (HDX and FDX) shows Gogo's commitment to tailoring solutions for different aircraft sizes and operator needs.
This deal positions Gogo as a leader in aviation connectivity innovation, potentially setting new industry standards and expectations for inflight internet services.
This agreement signifies a growing demand for high-quality inflight connectivity in the private aviation sector. Airshare's commitment to upgrading its fleet demonstrates the increasing importance of reliable internet services for both business and leisure travelers in this segment.
The multi-year nature of the deal provides stability and predictable revenue for Gogo, while also securing a significant portion of Airshare's growing fleet. With
The option to install future technologies like 5G and Galileo LEO services positions both companies at the forefront of the market, potentially attracting more high-value clients and setting a new standard for competitor offerings.
Agreement Includes Options to Install Gogo AVANCE, Gogo 5G and Gogo Galileo
"We are focused on delivering a best-in-class experience for everyone who flies with us, whether it be for business or leisure," said John Owen, president and CEO of Airshare. "Secure, dependable connectivity has never been more essential for those flying private with us.
"We continuously explore opportunities to enhance Wi-Fi performance for both our Managed and Fractional fleets, and we're excited to be offering these new upgrade options from Gogo," Owen added. "Having worked together for several years we're extremely confident in their technology and customer support."
Airshare operates a nationwide fleet approaching 150 aircraft, ranging from turboprops to ultra long-range jets. Its Fractional Program offers fractional shares and jet cards for the popular Challenger 3500 and Phenom 300 aircraft, both of which are covered by Gogo's extensive Supplemental Type Certificate portfolio.
The agreement continues a long-standing partnership between Gogo and Airshare, in which 65 percent of its Phenom 300 aircraft have already been upgraded to Gogo AVANCE with plans to upgrade the remaining fleet in the next 12 months.
"This partnership is a commitment by Airshare and Gogo to bring an even better experience to our mutual customers in
For Gogo Galileo specifically, any size aircraft with an AVANCE system (L3, L5, SCS) installed can add the new global LEO service with a single fuselage-mounted antenna, available in two options (HDX or FDX) to address the specific needs of the customer and aircraft operator.
With its compact size, the HDX delivers fast, low latency performance across the full breadth of business aviation aircraft worldwide from light jets and turboprops to the largest business jets. The FDX antenna, designed in a larger form factor, offers even greater performance and three times the speeds of the HDX.
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 Airshare
Airshare fits the way you fly. Founded in 2000 and headquartered in
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.
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SOURCE Gogo Business Aviation
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