My Favorite Q&A was :
And then, with the recent jet deal and your plans to ramp up installation capacity, at this point are you fully funded to install all 1200 of the planes that are in the 2Ku backlog?
Yes, we are.
You still shorting ? Funny Guy??
Just what I thought earlier
-According to what Gogo released on Business Outlook 2016 on their 8k, 13/15d
On the lower end of revenue of $575m and upper end capex of $135M
should see (1.02) for year
On upper end revenue $595M and lower end capex of $110M
should see (.50) for year
All other things being even push from previous year of course
Don't know if they increased capex based on new thinkom order or there were provisions for that
2ku Modified for Netflix, not using new 400mbs modem or HTS sats either(later this year), already achieving over 50mbshttp://concourse.gogoair.com/inside-gogo/2ku-fastestinflight/gogo-2ku-technology-engineered-provide-even-bandwidth
Hey calmholder44 , bad blood between the 2 for long time. Gogo tried to convince them a single ku solution economics would not work for their airline, they wouldn't listen, but obviously they wished they had
Yeah , it is frustrating, but, they plssed and moaned, but they bought the bonds did they not? over a half a billion$$ in a single afternoon is saying they believe
metz - skift:"The Aeromexico news likely bodes well for American and Delta customers, as both carriers have committed to adding 2KU. Delta is putting it on more than 600 aircraft, and installations have already begun, with more than 35 aircraft set to have it by year-end."
They are using 25mbs , with almost another 50 on tap. Hope netflix uses all 25, and then airline , amazon, man on the moon - don't care who buys, just keep using and buying.
It is a start.
The new 400mbs modem is already getting 200mbs in lab in Chicago (no FAA approval to mount yet…) on a single transponder wide beam ku covering NA, and far off the EIRB to boot. Can't wait to see what a high density small spot beam of ku HTS will bring.
metz - "Gogo said the turnabout stemmed from a proposal it received from a "major" airline customer -- also known as American Airlines -- that could have materially changed the company's financial outlook. Since the negotiations were continuing, Gogo couldn't reliably tell investors what this meant for its future. "
Hey metz, it was go go's lead council that posted on it , that day. anyway , thought they would take opportunity to see if lower rate, as AAL was more solid. BTW aeromexico teamed up with Netflix on 2ku
calmholder44 - Have to see what re-negotation brings. Original one, apparently the brokers said they were being outbid by underwriters themselves :MS,JPM,BoA. I think whatever reduction in interest rate, they will compensate by increase in amount to keep around the 60-64M in interest payment
well stated, some analysts agree, they put a hedge in to drive down prices
It is AAL's fault to not let Gogo proceed with STC process about a year ago , after numerous attempts by Gogo to get started, to get facts straight
uhh BlowJay I aint there anymore. I got a real job and life moron. VIASAT made the decision to make the 2ku antenna very easy , you stupid eff'ing ignoramus. I am not about to explain any of the principles to a person that is not only of limited perspicacity , but a nasty individual overall. The FACT that you have NO CLUE why this system is not only efficient but was an easy decision precipitated by Viasat , truly shows your ignorance. Oh yeah Moron, the split on sat, was d/t install time. This was known for months from AAL if you ever did your own ef'ing DD. Gogo backlog =1200 Visat =0 . If you actually did your DD your would have found the reasons back in March. Yet ,another thing I will not disclose to you. Although I am not happy with decision , i was not stunned , cause i do my homework
Still unimpressed , REALLY ?? REALLY is that is the best you can do?? Cannot refute a word I said and you lack the ability to even try to dispute ANY of the tech dork. At least you were smart enough to keep your mouth shut on the tech. 100 Jets do matter , but by the time via sat ever gets the 3 program going, Gogo will have all the major ints tied up. Once again Visat will break their vertical integration program just like they did before , and ask gogo ONCE again to pander their airwaves. OOPS maybe not, huh , OneWeb gonna take care of that one, then SPaceX and Samsung, so long V-3 . BTW I am currently in Amsterdam and do not feel the need to respond to your abusive posts,
Simple folks, don't listen to all that other B.S. on contracts. Gogo got caught red-handed. They wanted to see what price per bit and install the comp was offering. AAL used this as leverage. There was no way they were getting out of contract. Small and all after the fact postings contained the exact language: In their "REASONABLE JUDGMENT" if they find a much better tech. Duh??? ever heard of " Failure to Exercise Reasonable Judgement" , hmmmm sound familiar. Smalll and Smagley rule!
Hey Bubba , before you sequester yourself for another weekend , and TRY and come out swinging Monday , I seriously suggest you take Gauss ,Maxwell and Hertz in your backpack, as a minimum. I can remediate on request at a later time. I READ only half your posts cause YOU know #$%$ about VSAT terminal comms You lost money on Gogo , stop harassment.