08/26/2024 | Press release | Distributed by Public on 08/26/2024 05:18
GulfstreamG280 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:
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 $50,000for 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, Arubaand 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.
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Investor Relations Contact: |
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William Davis |
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SOURCE Gogo Business Aviation