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Broadband

Gogo lowers EBITDA guidance, mulls company split in new strategic plan

Friday 13 July 2018 | 09:32 CET | News
Gogo said it has started a new business plan with the aim of improving the company's operational and financial performance. The move comes as the company reiterated its revenue guidance for 2018, but significantly lowered its adjusted EBITDA forecast. Gogo said it is also considering whether it should split the company into BA (business aviation) and CA (commercial aviation). No decision has yet been made on the matter. 

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Categories: Internet / Broadcast & Satellite
Companies: Gogo
Countries: World
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