The AVANCE LX5 system has the hardware and software needed to leverage the full power of the Gogo 5G network. (Photo: Gogo)
As reflected in its Q2 2023 earnings report, Gogo experienced a 6% spike in total revenue for the quarter. Despite an uptick in service suspensions, the company has demonstrated resilience and adaptability amidst global challenges.
Gogo’s technological investments, encompassing the 5G broadband service and the upcoming Gogo Galileo global broadband service, promise to yield substantial growth by 2025. Although maintenance bottlenecks have momentarily impeded progress, with numerous business jets awaiting servicing, CEO Oakleigh Thorne perceives these challenges as temporary.
During the earnings call, Thorne remarked on their disappointment at the second delay of the key chip central to Gogo’s 5G network. “The root cause of the latest delay was traced to defective software on a common chip installed on the same circuit board as the 5G chip, though not the actual 5G chip. The vendor is still working on a fix,” according to Jim Moore of the Aircraft Owners and Pilots Association (AOPA).
Gogo’s CEO mentioned on last year’s second-quarter earnings call that the expected fourth-quarter launch of their next-generation 5G in-flight connectivity service could be delayed until mid-2023. This was a result of testing associated with a computer chip that one of their key suppliers was developing.
Gogo Business Aviation recently introduced AVANCE LX5. The system has the hardware and software needed to leverage the full power of the Gogo 5G network, which is expected to deliver average speeds of about 25 Mbps and peak speeds of 75 to 80 Mbps.
According to Sergio Aguirre, Gogo’s president and COO, the new 5G AVANCE LX5 system encapsulates Gogo’s culture of continuous improvement. “LX5 expands our AVANCE product portfolio with a single box option for customers, making the installation of Gogo 5G even easier,” he said. This product, designed with the same form factor as the L5, optimizes the full potential of the Gogo 5G network, ensuring peak performance. The AVANCE LX5 system also provides a seamless transition for AVANCE L5 owners, eliminating the previous need for dual LRUs during an upgrade. This streamlining reduces cost and complexity.
Set to retail at approximately $141,500 MSRP, the AVANCE LX5 promises strong ATG coverage. The forthcoming Gogo Galileo, slated for a 2024 launch, will further solidify Gogo’s dominance in global connectivity solutions.
“AVANCE L5 is powered by the Gogo Biz 4G network delivering powerful connectivity and streaming capabilities,” according to the company. “With the same form factor as the newly released AVANCE LX5 solution, AVANCE L5 is also your quickest and easiest path to Gogo 5G at launch.”