In-flight internet provider Gogo is considering selling its commercial aviation business.
Gogo reported a consolidated revenue of $96.6 million in the second quarter, down 55% from the same quarter last year.In-flight internet company Gogo is considering selling its commercial aviation business as the coronavirus continues to take its toll. "Going forward, we are focused on maintaining the strength of our franchise and realizing the value of [commercial aviation] through a potential sale of the division," Thorne said.
Bye bye Gogo
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Equifax's cloud migration and digital transformation strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
If you're unemployed, Business Insider wants to hear from you - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Thank god, it’s only for US
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider's best investing stories of the week ended August 11 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Qantas is reviving its 12-hour sightseeing flights over Antarctica - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 4 hours to see a snowy landmass. What a giant waste of money and fuel. FlatEarthOrg you seein this $1,199 AUD/$860 USD to look out a small window over a frozen place. photography money expensive antarctica polar australia plane tour aircraft airline business
Source: BusinessInsider - 🏆 729. / 51 Read more »
Pumpkin Island selling for $17M: Photos of private island for sale - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump's WeChat ban in US could hurt Apple's iPhone sales, analyst says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. chenweihua 经济全球化早已经是你中有我，我中有你，禁用微信对苹果手机的损失也是不可估量的！
Source: BusinessInsider - 🏆 729. / 51 Read more »