Gogo (NASDAQ: GOGO), a leading global aero-communications service provider, announced today that it has signed a definitive agreement with Aeromexico, Mexico's global airline, to provide in-flight Internet and wireless in-flight entertainment service on at least 58 Embraer and Boeing 737 aircraft operated by Aeromexico. Gogo previously announced, in December 2013, that it had agreed on the principal terms and conditions with Aeromexico related to the service. As part of the definitive agreement, at least 20 of Aeromexico's 737 aircraft will receive Gogo's next generation in-flight connectivity solution – 2Ku. Aeromexico is the first airline to commit to 2Ku.
"We couldn't be more excited to work with Aeromexico to bring Gogo connectivity and Gogo's wireless in-flight entertainment solution - Gogo Vision - to Mexico and beyond," said Gogo's president and CEO, Michael Small. "Aeromexico's commitment to 2Ku is evidence of the advantages that 2Ku brings to the market – especially for aircraft that operate in tropical regions around the world."
The advantages of 2Ku are significant. Gogo believes that 2Ku is the fastest solution available in the marketplace and expects it to deliver peak speeds of more than 70 Mbps to the aircraft at launch and more than 100 Mbps to the aircraft when next generation satellites become available. The 2Ku antenna is two times more spectrally efficient than other antennas in the commercial aviation market, which makes it capable of providing more bandwidth at less cost.
2Ku's performance benefits will be even more dramatic in the tropical regions of the globe where the performance of other satellite solutions degrade significantly due to restrictions associated with operating at high skew angles.
Gogo expects both its connectivity service and Gogo Vision to be available to Aeromexico passengers beginning in the fourth quarter of 2015.
"As the airline that connects Mexico and Mexico with the world, we look forward to being the first Mexican carrier and the first in Latin America to offer our passengers in-flight Wi-Fi via Gogo, the leader in this space," said Aeromexico's CEO, Andres Conesa. "The decision to deploy 2Ku is a natural fit for many of our 737 aircraft and it assures that our passengers will have the latest technology available at launch."
Cautionary Note Regarding Forward-Looking Statements
Certain disclosures in this press release include "forward-looking statements" that are based on management's beliefs and assumptions and on information currently available to management. Most forward-looking statements contain words that identify them as forward-looking, such as "anticipates," "believes," "continues," "could," "seeks," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "should," "will," "would" or similar expressions and the negatives of those terms that relate to future events. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Gogo's actual results, performance or achievements to be materially different from any projected results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements represent the beliefs and assumptions of Gogo only as of the date of this press release and Gogo undertakes no obligation to update or revise publicly any such forward-looking statements, whether as a result of new information, future events or otherwise.
Gogo is a leading global aero communications service provider. Using Gogo's exclusive products and services, passengers with Wi-Fi enabled devices can get online on more than 2,000 Gogo equipped commercial aircraft. In-flight connectivity partners include Aeromexico, American Airlines, Air Canada, AirTran Airways, Alaska Airlines, Delta Air Lines, Japan Airlines, United Airlines, US Airways and Virgin America. In-flight entertainment partners include Aeromexico, American Airlines, Delta Air Lines, Japan Airlines, Scoot and US Airways. In addition to its commercial airline business, Gogo has more than 6,200 business aircraft outfitted with its communications services.
Back on the ground, Gogo's 700+ employees in Itasca, IL, Broomfield, CO and various locations overseas are working to continually redefine flying as a productive, socially connected, and all-around more satisfying experience. Connect with Gogo at concourse.gogoair.com, on Facebook at www.facebook.com/gogo, on Twitter at www.twitter.com/gogo and on Linkedin at www.linkedin.com/company/gogo.
About Grupo Aeromexico
Grupo Aeromexico, S.A.B. de C.V. is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. Aeromexico, the largest airline in Mexico, operates more than 600 daily flights from its main hub in Terminal 2 at the Mexico City International Airport. Its destinations network features more than 80 cities on three continents, including 47 destinations in Mexico, 17 in the United States, 11 in Latin America, three in Europe, two in Asia and one in Canada.
The Group's fleet of 115 aircraft is comprised of Boeing 787, 777, 767 and 737 jet airliners and next generation Embraer 145, 170, 175 and 190 models. In 2012, the airline announced the most significant investment strategy in aviation history in Mexico, to purchase 100 Boeing aircraft including 90 MAX B737 jet airliners and 10 B787-9 Dreamliners.
As a founding member of the SkyTeam airline alliance, Aeromexico offers customers 1,000 destinations in 178 countries served by the 19 SkyTeam airline partners rewarding passengers with benefits including access to 530 premium airport lounges around the world. Aeromexico also offers travel on its codeshare partner flights with Alaska Airlines, Avianca, LAN, TACA and TAM with extensive connectivity in countries like the United States, Brazil, Canada, Chile, Colombia and Peru. www.skyteam.com.
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