2020-09-01 | Gogo sells commercial in-flight internet business to bankrupt satellite provider - The Verge
'Gogo, the in-flight internet provider, has found a buyer for its commercial airline business. '
'Gogo, which is based in Chicago, provides in-flight connectivity to major airlines like Delta, United, and Alaska. '
'The sale represents a huge shift for Gogo, which pioneered in-flight connectivity. '
'Intelsat, the world’s second largest satellite operator by revenue, has agreed to purchase Gogo’s Wi-Fi business for $400 million in cash, the companies announced Tuesday. '
'But it comes as Gogo, like much of the air travel industry, is struggling due to the ongoing coronavirus pandemic. '
[–] derram 0 points 1 point 1 point (+1|-0) ago
https://dontvis.it/https://www.theverge.com/2020/9/1/21410368/gogo-sells-inflight-internet-business-intelsat-bankrupt :
'Gogo, the in-flight internet provider, has found a buyer for its commercial airline business. '
'Gogo, which is based in Chicago, provides in-flight connectivity to major airlines like Delta, United, and Alaska. '
'The sale represents a huge shift for Gogo, which pioneered in-flight connectivity. '
'Intelsat, the world’s second largest satellite operator by revenue, has agreed to purchase Gogo’s Wi-Fi business for $400 million in cash, the companies announced Tuesday. '
'But it comes as Gogo, like much of the air travel industry, is struggling due to the ongoing coronavirus pandemic. '
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