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aircraft.","url":"https://stock-news.laohu8.com/highlight/detail?id=2518878860","media":"GlobeNewswire","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518878860?lang=en_us&edition=fundamental","pubTime":"2025-03-11 04:15","pubTimestamp":1741637700,"startTime":"0","endTime":"0","summary":"Gogo confirms PMA for Gogo Galileo HDX   Gogo confirms PMA for Gogo Galileo HDX  Broomfield, CO., March  10, 2025  (GLOBE NEWSWIRE) -- Gogo(NASDAQ: GOGO) has received PMA (Parts Manufacturer Approval)","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/03/10/3040162/0/en/Gogo-confirms-PMA-for-Gogo-Galileo-HDX-triggering-STC-generation-for-more-than-thirty-aircraft.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GOGO","BK4107","STC","BK4132","LEO"],"gpt_icon":0},{"id":"2517986120","title":"Gogo Inc. (GOGO): A Bull Case Theory","url":"https://stock-news.laohu8.com/highlight/detail?id=2517986120","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517986120?lang=en_us&edition=fundamental","pubTime":"2025-03-05 04:38","pubTimestamp":1741120737,"startTime":"0","endTime":"0","summary":"We came across abullish thesison Gogo Inc.  on Substack by Pound the Rock Investing. In this article, we will summarize the bulls’ thesis on GOGO. Gogo Inc. 's share was trading at $7.03 as of March 3rd. GOGO’s trailing and forward P/E were 16.35 and 11.92 respectively according to Yahoo Finance.Gogo  is an exceptionally high-quality business facing near-term challenges but possessing strong long-term fundamentals. The stock has suffered due to management’s repeated delays in rolling out 5G capabilities, eroding investor confidence, and competitive fears surrounding SpaceX’s Starlink low earth orbit  connectivity. Each Starlink-related press release has triggered a selloff in Gogo, exacerbated by its failure to launch Galileo, its LEO product in partnership with OneWeb. Despite these setbacks, Gogo’s dominance in business aviation remains unchallenged, making its core business an extraordinary asset.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/gogo-inc-gogo-bull-case-203857151.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["GOGO","LEO","BK4132"],"gpt_icon":0},{"id":"2513729472","title":"Gogo Inc  expected to post earnings of 3 cents a share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2513729472","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513729472?lang=en_us&edition=fundamental","pubTime":"2025-02-24 21:34","pubTimestamp":1740404049,"startTime":"0","endTime":"0","summary":"Gogo Inc  expected to post earnings of3cents a share - Earnings Preview Gogo Inc GOGO.OQ GOGO.O is expected to show a fall in quarterly revenue when it reports  results on February 26 (estimated) for ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250224:nL5N3PF17Q:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GOGO"],"gpt_icon":0},{"id":"2512192594","title":"Gogo Business Aviation   Satcom Direct renews supplier pact with Luxaviation","url":"https://stock-news.laohu8.com/highlight/detail?id=2512192594","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512192594?lang=en_us&edition=fundamental","pubTime":"2025-02-19 04:50","pubTimestamp":1739911820,"startTime":"0","endTime":"0","summary":"Gogo (GOGO) Business Aviation Satcom Direct has signed a second three-year preferred supplier agreement with Luxaviation Group. The new deal includ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/gogo-business-aviation-satcom-direct-renews-supplier-pact-with-luxaviation?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/gogo-business-aviation-satcom-direct-renews-supplier-pact-with-luxaviation?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4132","GOGO"],"gpt_icon":0},{"id":"2512194348","title":"Gogo|Satcom Direct Renews Three-Year Preferred Supplier Agreement With Luxaviation Group for Global Connectivity Solutions","url":"https://stock-news.laohu8.com/highlight/detail?id=2512194348","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512194348?lang=en_us&edition=fundamental","pubTime":"2025-02-19 04:45","pubTimestamp":1739911508,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250218:nTUA8DNNGD:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4132","GOGO"],"gpt_icon":0},{"id":"2512107194","title":"Gogo|Satcom Direct renews three-year preferred supplier agreement with Luxaviation Group for global connectivity solutions","url":"https://stock-news.laohu8.com/highlight/detail?id=2512107194","media":"GlobeNewswire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512107194?lang=en_us&edition=fundamental","pubTime":"2025-02-19 04:45","pubTimestamp":1739911500,"startTime":"0","endTime":"0","summary":"The new deal provides even greater connectivity flexibility and resilience for Luxaviation","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/02/18/3028272/0/en/Gogo-Satcom-Direct-renews-three-year-preferred-supplier-agreement-with-Luxaviation-Group-for-global-connectivity-solutions.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4132","GOGO"],"gpt_icon":0},{"id":"2511752103","title":"Insider Stock Buying Reaches US$2.77m On Gogo","url":"https://stock-news.laohu8.com/highlight/detail?id=2511752103","media":"Simply Wall St.","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511752103?lang=en_us&edition=fundamental","pubTime":"2025-02-13 23:15","pubTimestamp":1739459720,"startTime":"0","endTime":"0","summary":"Quite a few insiders have dramatically grown their holdings in Gogo Inc.  over the past 12 months. An insider's optimism about the company's prospects is a positive sign.While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.The Last 12 Months Of Insider Transactions At Gogo. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transact","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/insider-stock-buying-reaches-us-151520166.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["GOGO","BK4132"],"gpt_icon":0},{"id":"2509778769","title":"BRIEF-Gogo Business, Aviation, Satcom Direct, Airbus Signs MOU On Internet Delivery","url":"https://stock-news.laohu8.com/highlight/detail?id=2509778769","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509778769?lang=en_us&edition=fundamental","pubTime":"2025-02-07 14:25","pubTimestamp":1738909540,"startTime":"0","endTime":"0","summary":"BRIEF-Gogo Business, Aviation, Satcom Direct, Airbus Signs MOU On Internet DeliveryFeb 7  - Gogo Inc. GOGO.O:GOGO BUSINESS AVIATION, SATCOM DIRECT FINALISED MEMORANDUM OF UNDERSTANDING  WITH AIRBUSMOU TO CONFIRM AIM TO LEVERAGE GOGO SATELLITE CONNECTIVITY SOLUTIONS TO DELIVER BROADBAND INTERNET TO AIRBUS ACJ OPERATORS  Source text for Workspace: nGNX37v3Bt Further company coverage: AIR.PA GOGO.O  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250207:nL8N3OY0CE:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4132","GOGO"],"gpt_icon":0},{"id":"2509789059","title":"Gogo finalizes MoU with Airbus to develop connectivity experiences for ACJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2509789059","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509789059?lang=en_us&edition=fundamental","pubTime":"2025-02-07 04:55","pubTimestamp":1738875332,"startTime":"0","endTime":"0","summary":"Gogo (GOGO) announced the finalizing of a multifaceted memorandum of understanding with Airbus (EADSY). The MoU confirms the two organizations’ aim...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/gogo-finalizes-mou-with-airbus-to-develop-connectivity-experiences-for-acj?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/gogo-finalizes-mou-with-airbus-to-develop-connectivity-experiences-for-acj?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4187","GOGO","BK4132","EADSY"],"gpt_icon":0},{"id":"2509789627","title":"Gogo|Satcom Direct and Airbus to develop end-to-end cabin connectivity experiences for operators of Airbus Corporate Jets (“ACJ”)","url":"https://stock-news.laohu8.com/highlight/detail?id=2509789627","media":"GlobeNewswire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509789627?lang=en_us&edition=fundamental","pubTime":"2025-02-07 04:44","pubTimestamp":1738874640,"startTime":"0","endTime":"0","summary":"Gogo|Satcom Direct and Airbus to develop end-to-end cabin connectivity experiences for operators of Airbus Corporate Jets . Airbus’ ACJ Connect Link customers to benefit from ATG and Gogo Galileo Half Duplex  and Full Duplex  terminals","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/02/06/3022392/0/en/Gogo-Satcom-Direct-and-Airbus-to-develop-end-to-end-cabin-connectivity-experiences-for-operators-of-Airbus-Corporate-Jets-ACJ.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1267930227.SGD","GOGO","LU0310800965.SGD","LU0128525689.USD","LU0251142724.SGD","LU0251131958.USD","LU0742534661.SGD","LU0048573561.USD","BK4585","BK4533","LU1571399168.USD","BK4132","BK4588","FDX","BK4131","LU0052756011.USD"],"gpt_icon":0},{"id":"2509467586","title":"Recent 7.5% pullback isn't enough to hurt long-term Gogo (NASDAQ:GOGO) shareholders, they're still up 60% over 5 years","url":"https://stock-news.laohu8.com/highlight/detail?id=2509467586","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509467586?lang=en_us&edition=fundamental","pubTime":"2025-02-04 19:58","pubTimestamp":1738670324,"startTime":"0","endTime":"0","summary":"If you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see...","market":"hk","thumbnail":"https://images.simplywall.st/asset/industry/9031000-choice1-main-header/1585186715767","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/9031000-choice1-main-header/1585186715767"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/telecom/nasdaq-gogo/gogo/news/recent-75-pullback-isnt-enough-to-hurt-long-term-gogo-nasdaq","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["NVIW.SI","USAW.SI","QLD","USJW.SI","BK4112","IE00B64PRP62.GBP","NQmain","SQQQ","QID","IE00BGHQF748.EUR","NDAQ","LU2210150020.SGD","BK4132","IE00BKPKM429.USD","LU2095319765.USD","IE00B3QW5Z07.USD","GOGO","TSYW.SI","PSQ","BK4585","LU2210149790.SGD","BK4588",".IXIC","TQQQ","MNQmain"],"gpt_icon":1},{"id":"2493679363","title":"Insider Stock Buying Reaches US$2.77m On Gogo","url":"https://stock-news.laohu8.com/highlight/detail?id=2493679363","media":"Simply Wall St.","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493679363?lang=en_us&edition=fundamental","pubTime":"2024-12-23 19:44","pubTimestamp":1734954292,"startTime":"0","endTime":"0","summary":"Multiple insiders secured a larger position in Gogo Inc. ( NASDAQ:GOGO ) shares over the last 12 months. This is...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/9031000-choice1-main-header/1585186715767","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/9031000-choice1-main-header/1585186715767"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/telecom/nasdaq-gogo/gogo/news/insider-stock-buying-reaches-us277m-on-gogo","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK4132","GOGO"],"gpt_icon":0},{"id":"2492992808","title":"SmartSky files antitrust lawsuit against Gogo seeking damages exceeding $1B","url":"https://stock-news.laohu8.com/highlight/detail?id=2492992808","media":"TIPRANKS","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492992808?lang=en_us&edition=fundamental","pubTime":"2024-12-18 03:40","pubTimestamp":1734464417,"startTime":"0","endTime":"0","summary":"SmartSky Networks filed a comprehensive antitrust lawsuit against Gogo (GOGO), and Gogo Business Aviation in the U.S. District Court for the Wester...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/smartsky-files-antitrust-lawsuit-against-gogo-seeking-damages-exceeding-1b?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/smartsky-files-antitrust-lawsuit-against-gogo-seeking-damages-exceeding-1b?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["GOGO","BK4132"],"gpt_icon":0},{"id":"2489541459","title":"Gogo completes acquisition of Satcom Direct","url":"https://stock-news.laohu8.com/highlight/detail?id=2489541459","media":"TipRanks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489541459?lang=en_us&edition=fundamental","pubTime":"2024-12-05 20:05","pubTimestamp":1733400309,"startTime":"0","endTime":"0","summary":"Unlock your investing potential with TipRanks Premium - Now At 40% OFF!Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. Gogo Announces Leadership Changes and New CEO Appointment. Gogo Inc. Reports Q3 Financial Performance and Strategic Moves. Gogo Galileo HDX antenna passes FAA-mandated DO-160 qualification testing. GOGO Earnings Report this Week: Is It a Buy, Ahead of Earnings?","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/qbTU1Ix1lavhD2UQ1J3JtQ--~B/aD0xOTI7dz0xOTI7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/tipranks_452/08bea47a7e86825b7ac05101e9e2ca99","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/qbTU1Ix1lavhD2UQ1J3JtQ--~B/aD0xOTI7dz0xOTI7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/tipranks_452/08bea47a7e86825b7ac05101e9e2ca99"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/gogo-completes-acquisition-satcom-direct-120509616.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/gogo-completes-acquisition-satcom-direct-120509616.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Gogo completes acquisition of Satcom Direct","news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["GOGO","BK4132"],"gpt_icon":0},{"id":"2488719155","title":"Sector Update: Tech Stocks Advance Premarket Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2488719155","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488719155?lang=en_us&edition=fundamental","pubTime":"2024-12-04 22:05","pubTimestamp":1733321105,"startTime":"0","endTime":"0","summary":"Technology shares were advancing premarket Wednesday as the Technology Select Sector SPDR Fund  was 1.4% higher and the SPDR S&P Semiconductor ETF  was up 1.6% recently.Himax Technologies  shares were up over 3% after the company said its board approved a buyback program to repurchase up to $20 million in American depositary shares.NXP Semiconductors  and Vanguard International Semiconductor's joint venture, VisionPower Semiconductor Manufacturing, on Wednesday broke ground on its 300-millimeter wafer manufacturing facility in Tampines, Singapore. NXP Semiconductors shares were up over 1% pre-bell.Gogo  shares advanced by over 1% after the company said it has completed its acquisition of Satcom Direct for $375 million in cash and five million shares of Gogo stock.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU1861219969.SGD","LU1992135472.HKD","LU2272731782.SGD","LU2247934214.USD","BK4141","BK4526","LU2133065610.SGD","GOGO","LU0175139822.USD","LU2272731600.USD","BK4512","LU2360107325.USD","BK4132","IE00BZ199S13.USD","LU0289960550.SGD","NXPI","LU0348723411.USD","XSD","BK4585","XLK","BK4561","LU1861214812.USD","BK4588","HIMX","LU1992135399.USD","LU1046421795.USD","LU1823568750.SGD","LU1718418525.SGD"],"gpt_icon":0},{"id":"2488198905","title":"Gogo Completes Satcom Direct Acquisition, Appoints new Executive Leadership Team","url":"https://stock-news.laohu8.com/highlight/detail?id=2488198905","media":"MT Newswires Live","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488198905?lang=en_us&edition=fundamental","pubTime":"2024-12-04 20:53","pubTimestamp":1733316839,"startTime":"0","endTime":"0","summary":"Gogo  said Wednesday that it has completed its acquisition of Satcom Direct for $375 million in cash and five million shares of Gogo stock.The deal, which is funded by $250 million in debt and $150 million in cash from Gogo's balance sheet, may include an additional $225 million based on performance milestones over the next four years.The transaction is immediately accretive and expected to result in annual recurring cost savings of $18 million, with total run-rate cost synergies ranging from $25 million to $30 million over two years.Additionally, Gogo said Chris Moore, previously president of Satcom Direct, has been appointed as Gogo's new chief executive officer, succeeding Oakleigh Thorne who is transitioning to executive chair of the company's board.Gogo said it has also appointed Zachary Cotner, former chief financial officer of Satcom Direct, to the same role to succeed Jessi Betjemann. Mike Begler, Gogo's senior vice president of production operations, has been promoted to chief","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["TISI","BK4120","BK4132","GOGO"],"gpt_icon":0}],"pageSize":16,"totalPage":8,"pageCount":3,"totalSize":113}]}}