Gogo: N. American passenger take rate (ex American Airlines) reaches 13%

by Peter B. de Selding

LOGAN, Utah — Aircraft in-flight-connectivity provider Gogo Inc.’s Business Aviation division reported record revenue and profitability for the three months ending June 30. The larger Commercial Aviation business revenue also increased revenue despite de-installations on American Airlines jets and losses in its business outside North America.

Chicago-based Gogo, which is in the middle of a three-year reorganization to improve its financial position, said it continues to view the American Airlines contract termination, which covered 550 aircraft, as an anomaly of timing.

Gogo lost the . . .

To view the entire article, become a subscriber!

You may also like