Gogo Sells Commercial Aviation Unit To Intelsat In Vertical IFC Deal

Gogo
After selling its commercial aviation business, Gogo will double down on bizav.
Credit: Gogo
Embattled aircraft connectivity provider Gogo will sell its commercial aviation unit to bankrupt satellite services provider Intelsat for $400 million in a deal that might help the latter return to a viable business while the former tries to avoid liquidation. In a late Aug. 31 announcement...

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