Gogo Inc. (NASDAQ: GOGO) runs in leading trade as it declared that new hourly pricing plans for turboprop and light jet operators, making connectivity affordable as well as predictable for airframes of all types. Starting at $39 per hour new service plans provide convenience of in-flight connectivity along predictable pricing no overage fees and no surprises.
Gogo Inc. moving up 0.46% to traded at $10.89. The firm has price volatility of 4.08% for a week and 4.61% for a month. With new plans, there is no need to purchase blocks of hours and no minimum monthly fee. After paying for first hour, consumers then pay only for what they use and incur fees only when the service is being utilized.
The Gogo Business Aviation’s senior VP of sales, Andy Geist stated that following speaking with owners in turboprop and light jet markets, feedback they attain was that predictable pricing plans are important. So they created new hourly plans with consumer in mind to propose plan with predictability as well no overages.
Leveraging its long-standing expertise in business aircraft market, Gogo Business Aviation’s new aims open up connectivity options for turboprops along with light jets at rates before not provided. Two service plans will be accessible starting July 15: the ATG 1000 at $39 per hour and the ATG 2000 at $99 per hour.
Gogo Business Aviation’s executive vice president and general manager, John Wade stated that the predictability, affordability of these plans make it easy for owners. The operators budget for in-cabin connectivity services utilizing Gogo ATG 1000 or ATG 2000 systems. This fundamentally changes pricing structure for adding connectivity on light jets and turboprops.