STOCK TITAN

Jet It to Expand Gogo AVANCE L3 Fleetwide

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

Gogo Business Aviation has announced the selection of its Gogo AVANCE L3 connectivity solution by Jet It for installation across its fleet of light jets, including HondaJets and Embraer Phenom 300s. This partnership highlights Gogo's longstanding relationship with Jet It, which seeks reliable and affordable inflight connectivity. AVANCE L3 offers scalable solutions for various user needs, including options for performance and pricing. Additionally, it comes equipped with Gogo Vision 360, providing unlimited streaming and digital content access. This announcement reflects Gogo's commitment to enhancing inflight experiences.

Positive
  • Partnership with Jet It for AVANCE L3 connectivity enhances Gogo's market presence.
  • Cost-effective solutions offered with AVANCE L3 cater to diverse customer needs.
  • Gogo Vision 360 enhances inflight entertainment, potentially increasing customer satisfaction.
Negative
  • None.

BROOMFIELD, Colo., Jan. 17, 2023 /PRNewswire/ -- Gogo Business Aviation's (NASDAQ: GOGO) connectivity solution for light jets – Gogo AVANCE L3 – has been selected by Jet It for installation across its fleet of HondaJets, Gulfstream G150s and new Embraer Phenom 300 aircraft.

"After carefully evaluating every inflight connectivity solution, Gogo was the clear winner for the 26 aircraft in our fleet," said Glenn Gonzales, founder and CEO of Jet It. "We've been a longtime customer of Gogo's and the AVANCE L3 has been proven to meet the needs of our customers. The service Gogo provides is reliable and affordable and their customer support meets the demanding schedules our busy coast-to-coast operations require."

Jet It is recognized as one of the most cost-effective fractional aircraft providers in private aviation for business and leisure travelers offering service at half the cost of traditional fractional ownership. The company currently operates Gogo connectivity systems on its HondaJet aircraft and has committed to installing AVANCE L3 on the remainder of the fleet including every new Phenom 300 aircraft.

"We're thrilled to partner with Jet It to bring connectivity and inflight entertainment to its travelers," said Andy Geist, senior vice president of business development for Gogo. "The AVANCE L3 is the ultimate in scalability and flexibility, and is ideal for midsize and light jets, delivering the benefits of the Gogo AVANCE platform in a small, lightweight form factor."

Using AVANCE L3, anyone onboard the aircraft can stay connected to email, send text messages, make voice calls, or access their favorite flight apps such as moving maps, weather and flight information. For customers looking for full internet connectivity, AVANCE L3 can be enabled to connect to the Gogo Biz data network delivering a 3G experience and is ready for upgrade to Gogo's global broadband service.

Three service offerings – Core, Plus, Max – deliver options for performance and number of users, with affordable pricing to match virtually any budget.

AVANCE L3 comes equipped with Gogo Vision 360 which provides unlimited streaming of on-demand movies, TV programming and news, along with leading digital magazine titles and a state-of-the-art 3D moving map. Gogo Vision has a fixed monthly price which eliminates the unpredictability and often high costs associated with inflight streaming.

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 Sept. 30, 2022, Gogo reported 3,079 business aircraft flying with Gogo's AVANCE L5 or L3 system installed, 6,777 aircraft flying with its ATG systems onboard, and 4,484 aircraft with narrowband satellite connectivity installed. Connect with us at business.gogoair.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 reflect our current expectations regarding future events, results or outcomes. 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 effectively evaluate and pursue strategic opportunities.

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 Dec. 31, 2021 as filed with the Securities and Exchange Commission ("SEC") on March 3, 2022, and in our quarterly reports on Form 10-Q as filed with the SEC on May 5, 2022 and August 5,2022, and Nov. 3, 2022.

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:

Dave Mellin                                                   

William Davis

+1 720-840-4788                                             

+1 312-517-5725

dmellin@gogoair.com                                       

wdavis@gogoair.com      

 

Cision View original content:https://www.prnewswire.com/news-releases/jet-it-to-expand-gogo-avance-l3-fleetwide-301723012.html

SOURCE Gogo Business Aviation

FAQ

What is Gogo AVANCE L3?

Gogo AVANCE L3 is a connectivity solution for light jets that enables inflight communication and entertainment services.

Which company has chosen Gogo AVANCE L3 for its fleet?

Jet It has selected Gogo AVANCE L3 for installation across its fleet of HondaJets and Embraer Phenom 300 aircraft.

What advantages does AVANCE L3 offer?

AVANCE L3 offers reliable inflight connectivity, scalability, and options for various performance levels to meet customer needs.

When was the partnership between Gogo and Jet It announced?

The partnership was announced on January 17, 2023.

What features does Gogo Vision 360 include?

Gogo Vision 360 provides unlimited streaming of movies, TV shows, news, and access to digital magazines and a 3D moving map.

Gogo Inc.

NASDAQ:GOGO

GOGO Rankings

GOGO Latest News

GOGO Stock Data

995.88M
66.55M
28.19%
73.28%
15.17%
Telecom Services
Communications Services, Nec
Link
United States of America
BROOMFIELD