Gogo considering a sale of its commercial in-flight internet business - Business Insider

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Gogo is mulling a sale of its commercial in-flight internet business after taking a massive hit during the coronavirus

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.

 

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