Intelsat<\/b> is dropping the name Gogo from the Commercial Aviation division that it retired last year, the company announced July 13. <\/p>\n
Intelsat announced the move to acquire Gogo\u2019s Commercial Aviation division in August 2020, and the $400 million cash deal closed in December 2020 after it was approved by Intelsat\u2019s bankruptcy court and creditors. The satellite operator is still undergoing Chapter 11 reorganization. Gogo<\/b> is still a publicly traded company and is developing a 5G network for business aviation customers. <\/p>\n
John Wade, former Gogo president of Commercial Aviation, continues to lead Intelsat\u2019s Commercial Aviation business division as president. <\/p>\n
\u201cOur company is known for its flexibility and commitment to exceptional customer service, and we\u2019re always innovating new models aimed at helping airlines identify the right distribution strategy to meet their unique needs,\u201d Wade commented. \u201cWe do more than talk a good game; Intelsat\u2019s superior customer experience is backed by meaningful and easy-to-understand SLAs [service level agreements] that commercial airlines can trust to meet their passenger experience needs.\u201d <\/p>\n
The In-Flight Connectivity (IFC) acquisition paid off in Intelsat\u2019s first quarter 2021 financial results, giving the company its first year-over-year double-digit revenue increase in at least eight years.The satellite operator\u2019s Q1 2021 revenues were $502.8 million \u2014 an increase of 10% from the same quarter in the year prior. Commercial Aviation is part of the Network Services division, which delivered $214 million in Q1 revenue. This represents a 43% year-over-year increase for the division and made Network Services Intelsat\u2019s largest and most profitable business unit for the quarter surpassing the Media unit.<\/p>\n","protected":false},"excerpt":{"rendered":"
Intelsat is dropping the name Gogo from the Commercial Aviation division that it retired last year, the company announced July 13. Intelsat announced the move to acquire Gogo\u2019s Commercial Aviation division in August 2020, and the $400 million cash deal closed in December 2020 after it was approved by Intelsat\u2019s bankruptcy court and creditors. The […]<\/p>\n","protected":false},"author":1,"featured_media":46766,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-57137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/57137"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=57137"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/57137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/46766"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=57137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=57137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=57137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}