News Releases

News Releases

Gogo Announces Convertible Debt Exchange and Begins Refinancing Process

CHICAGO – Gogo Inc. (NASDAQ: GOGO) (“Gogo”) today announced a convertible debt exchange and the beginning of a refinancing process, marking significant progress in its efforts to complete a comprehensive refinancing. Under the exchange agreement (the “Agreement”), GTCR, a leading private equity firm, will convert all of its $105.7 million principal amount of Gogo... Continued

Gogo Announces Fourth Quarter and Full-Year 2020 Financial Results

Q4 2020 Highlights of Continuing OperationsTotal revenue of $77.6 million, a 17% sequential improvement, reflecting continuing recovery in the business aviation industryNet loss of $16.1 million and Adjusted EBITDA(1) of $19.3 million, each of which includes a $10.1 million full year accrual of employee bonus expenseATG aircraft online grew nearly 4% sequentially from 5,577 to 5,778... Continued

Gogo Inc. to Report Fourth Quarter 2020 Financial Results on March 11, 2021

CHICAGO – Gogo Inc. (NASDAQ: GOGO), the leading global provider of network and broadband connectivity products and services for business aviation, today announced that it will release its financial results for the fourth quarter of 2020 before the market opens on March 11, 2021.  The Company will host a conference call with financial analysts the same day at 8:30 a.m. (ET... Continued

Gogo Announces Board Leadership Transition

CHICAGO – Gogo Inc. (NASDAQ: GOGO) (“Gogo”) today announced that Ronald LeMay has informed the Board of his intention to retire as Chairman and step down from the Board, effective December 31, 2020. Oakleigh Thorne has been elected to succeed Mr. LeMay as Chairman and will continue to serve as Gogo’s President and CEO. Current director Hugh Jones has been elected to... Continued

Gogo to Finish 2020 with Growth in ATG Subscriber Base Despite Pandemic

BROOMFIELD, Colo. – Despite one of the most difficult business environments in aviation history, Gogo (NASDAQ: GOGO) expects to end 2020 with more business aviation air-to-ground (ATG) subscribers than it had when the year began.   Gogo entered 2020 with 5,669 ATG subscribers online and expects to end the year with more than 5,700 subscribers online.   “We have an... Continued

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