Gogo business aviation revenues down 18% in September quarter

Monday 9 November 2020 | 16:34 CET | News
Gogo reported business aviation revenues for the third quarter down 18 percent to USD 66.5 million, driven by declines in both service and equipment revenue caused by the negative impact of the Covid-19 pandemic. However, total revenue grew 22 percent sequentially from Q2, driven by a 21 percent increase in service revenue and a 25 percent increase in equipment revenue. 

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Categories: Mobile & Wireless
Companies: Gogo
Countries: World
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