Textron Aviation is the First Business
Aviation OEM to Announce Production Use of Gogo Galileo
HDX
LAS
VEGAS, Oct. 22, 2024 /PRNewswire/
-- (NBAA-BACE, booth 1601) – Gogo Business
Aviation (NASDAQ: GOGO) today announced that Textron Aviation will
install Gogo's global Low-Earth-Orbit (LEO) solution, Gogo Galileo
HDX, as a factory option for the Cessna Citation Longitude,
Citation Latitude and Citation Ascend business jet.
Textron Aviation, a Textron Inc. (NYSE:TXT) company, is the
first business aviation OEM to offer Gogo Galileo HDX from the
factory, securing a truly global connectivity solution with
market-leading performance for its operators.
Gogo Galileo is built on Gogo's best-selling AVANCE platform
with a fuselage-mounted HDX antenna, designed to be small enough
for business jets. With AVANCE at the heart of the system, Gogo
Galileo is more affordable and easier to install and operate than
other satellite systems operating today.
"We are honored to work with Textron Aviation to deliver Gogo
Galileo HDX to its customers" said Sergio
Aguirre, president and COO of Gogo. "Designed specifically
for small to super midsize aircraft, the HDX antenna offers
passengers a great inflight Wi-Fi experience."
Gogo Galileo HDX remains on track for expected commercial launch
in the fourth quarter of 2024. Textron Aviation's integration of
the HDX antenna is in work for all three Citations.
About Gogo
Gogo is a leading provider of broadband
connectivity services for the business aviation market. We offer a
customizable suite of smart cabin systems for highly integrated
connectivity, inflight entertainment, and voice solutions. Gogo's
products and services are installed on thousands of business
aircraft of all sizes and mission types from turboprops to the
largest global jets, and are utilized by the largest fractional
ownership operators, charter operators, corporate flight
departments and individuals.
As of June 30, 2024, Gogo reported
7,031 business aircraft flying with its broadband ATG systems
onboard, 4,215 of which are flying with a Gogo AVANCE L5 or L3
system; and 4,247 aircraft with narrowband satellite connectivity
installed. Connect with us at www.gogoair.com.
About Textron Aviation
We inspire the journey of
flight. For more than 95 years, Textron Aviation has empowered our
collective talent across the Beechcraft, Cessna and Hawker brands
to design and deliver the best aviation experience for our
customers. With a range that includes everything from business
jets, turboprops, and high-performance pistons, to special mission,
military trainer and defense products, Textron Aviation has the
most versatile and comprehensive aviation product portfolio in the
world and a workforce that has produced more than half of all
general aviation aircraft worldwide. Customers in more than 170
countries rely on our legendary performance, reliability and
versatility, along with our trusted global customer service
network, for affordable, productive and flexible flight.
Cautionary Note Regarding Forward-Looking
Statements
Certain disclosures in this press release
include forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements include, without limitation, statements
regarding our business outlook, industry, business strategy, plans,
goals and expectations concerning our market position,
international expansion, future technologies, future operations,
margins, profitability, future efficiencies, capital expenditures,
liquidity and capital resources, and other financial and operating
information. When used in this discussion, the words "anticipate,"
"assume," "believe," "budget," "continue," "could," "estimate,"
"expect," "intend," "may," "plan," "potential," "predict,"
"project," "should," "will," "future" and the negative of these or
similar terms and phrases are intended to identify forward-looking
statements in this press release.
Forward-looking statements are based on our current
expectations regarding future events, results or outcomes,
including the launch of Gogo Galileo LEO global broadband service
("Global Broadband"), timing of aircraft certifications for Global
Broadband equipment, and Global Broadband performance. These
expectations may or may not be realized. Although we believe the
expectations reflected in the forward-looking statements are
reasonable, we can give you no assurance these expectations will
prove to have been correct. Some of these expectations may be based
upon assumptions, data or judgments that prove to be incorrect.
Actual events, results and outcomes may differ materially from our
expectations due to a variety of known and unknown risks,
uncertainties and other factors. Although it is not possible to
identify all of these risks and factors, they include, among
others, our ability to develop and deploy Global Broadband; our
ability to deliver the expected performance capabilities of any new
technology, including, without limitation, Global Broadband; and
other events beyond our control that may result in unexpected
adverse operating results.
Additional information concerning these and other factors can
be found under the caption "Risk Factors" in our annual report on
Form 10-K for the year ended December 31,
2023, as filed with the Securities and Exchange Commission
on February 28, 2024 and in
subsequent quarterly reports on Form 10-Q as filed with the
SEC.
Any one of these factors or a combination of these factors
could materially affect our financial condition or future results
of operations and could influence whether any forward-looking
statements contained in this report ultimately prove to be
accurate. Our forward-looking statements are not guarantees of
future performance, and you should not place undue reliance on
them. All forward-looking statements speak only as of the date made
and we undertake no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Media Relations
Contact:
|
Investor Relations
Contact:
|
Caroline
Bosco
|
William
Davis
|
+1
312-517-6127
|
+1
917-519-6994
|
cbosco@gogoair.com
|
wdavis@gogoair.com
|
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SOURCE Gogo Business Aviation