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Intelsat buys Gogo commercial aviation ops for USD 400 mln in cash

2020-09-01 09:02:00| Telecompaper Headlines

(Telecompaper) Satellite operator�Intelsat�has signed a definitive agreement to buy the commercial aviation business of�Gogo�for USD�400 million�in cash, subject to the usual adjustments. Gogo said it started looking for buyers earlier this month, after reporting a 55 percent drop in revenues for the second quarter.�

Tags: commercial cash usd aviation

 

Gogo looks to sell commercial aviation Wi-Fi business as Q2 sales fall 55%

2020-08-10 16:16:00| Telecompaper Headlines

(Telecompaper) Gogo said its revenues fell 55 percent year-on-year to USD 97 million in the second quarter, after the sharp slowdown in air travel during the coronavirus pandemic dampened its sales of in-flight connectivity. While the business aviation market shows some signs of recovery, the company has started to look at selling its commercial aviation business.�

Tags: business sales sell commercial

 
 

GoGo squeeZ Commits to 100% Recyclable Packaging

2020-02-06 09:00:00| Waste Age

The brand plans to unveil 100 percent recyclable packaging in the market by 2022.

Tags: packaging commits gogo recyclable

 

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