CHICAGO, April 4, 2017 /PRNewswire/ -- Gogo (NASDAQ: GOGO), the leading global provider of broadband connectivity products and services for aviation, has been selected by Airbus as a lead supplier for its High Bandwidth Connectivity (HBC) program. The designation officially enables factory line-fit installation of Gogo's 2Ku global satellite solution on Airbus A320 Family, A330, and A380 aircraft after successful offerability process and further system certification.
Being part of Airbus' HBC program means airlines can place future aircraft orders with Airbus and have Gogo's 2Ku technology installed at the factory on all major fleet types. Those aircraft are then delivered with the technology already installed and ready for service on day one.
"We are proud to be selected by Airbus as a supplier for Airbus' high bandwidth connectivity program and look forward to working with them to provide our industry leading 2Ku solution to their customers," says Anand Chari, executive vice president and CTO at Gogo. "The selection is acknowledgement of the traction we've made with 2Ku in the marketplace. It's also validation of the long-term viability of this technology and its ability to serve commercial aviation for the foreseeable future."
Gogo's 2Ku technology is the most future-proof global technology for inflight connectivity and delivers streaming-video speeds to passengers. 2Ku enables a wide range of customizable experiences for Gogo's airline partners. For passengers, it means in-flight Wi-Fi and wireless entertainment; for airlines, it means connecting flight attendants, pilots, crew, and the aircraft itself. Currently, Gogo has more than 1500 aircraft commitments to 2Ku representing 13 commercial airlines. Most of 1500+ aircraft are set to be flying with the technology by the end of 2018.
With more than two decades of experience, Gogo is the leader in in-flight connectivity and wireless entertainment services for commercial and business fleets around the world. Gogo connects aircraft, providing its airlines partners with the world's most powerful network and platform to help optimize their operations. Gogo's superior technologies, best-in-class service, and global reach help planes fly smarter, airlines partners perform better, and their passengers travel happier.
Today, Gogo has partnerships with 17 commercial airlines and has installed in-flight connectivity technology on 3,000 commercial aircraft. More than 4,200 business aircraft are also flying with its solutions, including the world's largest fractional ownership fleets. Gogo also is a factory option at every major business aircraft manufacturer. Gogo has more than 1,000 employees and is headquartered in Chicago, IL, with additional facilities in Broomfield, CO, and various locations overseas. Connect with us at gogoair.com and business.gogoair.com
Cautionary Note Regarding Forward-Looking Statements
Certain disclosures in this press release include "forward-looking statements" that are based on management's beliefs and assumptions and on information currently available to management. Most forward-looking statements contain words that identify them as forward-looking, such as "anticipates," "believes," "continues," "could," "seeks," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "should," "will," "would" or similar expressions and the negatives of those terms that relate to future events. Forward-looking statements involve known and unknown risks, trends and uncertainties, many of which may be beyond our control, that may cause Gogo's actual results, performance or achievements to be materially different from any projected results, performance or achievements expressed or implied by the forward-looking statements. Such risks, trends and uncertainties include those described under the heading "Risk Factors" in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on February 24, 2017. Forward-looking statements represent the beliefs and assumptions of Gogo only as of the date of this press release and Gogo undertakes no obligation to update or revise publicly any such forward-looking statements, whether as a result of new information, future events or otherwise.
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