CHICAGO, June 6, 2017 /PRNewswire/ -- Gogo (NASDAQ: GOGO), the leading global provider of broadband connectivity products and services for aviation, has reached a milestone of 200 installations of 2Ku, the industry's leading inflight connectivity technology.
The company now has installed the technology on many major fleet types including Airbus' A319, A321, A330 and A340 aircraft; and Boeing's 737-800 and 747-400 aircraft. For the first time, passengers flying in all regions of the world are now experiencing high-speed inflight internet.
"We are still on pace to hit our goal of between 550 and 650 2Ku equipped aircraft by the end of this year," says John Wade, EVP and Chief Operating Officer. "I'm also extremely excited to say that we have managed to get our install times down to less than 2 days, by far the best in the industry. Less downtime for the aircraft is hugely important for our airline partners."
Gogo's 2Ku technology is a proprietary dual antenna system developed to bring global streaming-class internet to aircraft. 2Ku is now flying and outperforming all other global connectivity solutions and delivers speeds of 15 Mbps to each passenger device, covering 98 percent of all flight hours around the world with 98 percent system availability.
With an open architecture that leverages current and future Ku satellites, 2Ku offers unrivaled adaptability to keep airlines connected now and in the future. Performance of the technology will be boosted by a new modem currently being installed on aircraft. The proprietary features of the new modem significantly increase throughput and reliability to and from the aircraft, allowing significantly more than the current 15 Mbps to each passenger device.
Gogo currently has 14 airlines representing more than 1600 aircraft awards for the 2Ku technology.
With more than two decades of experience, Gogo is the leader in inflight 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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