Cabin Interior and Electronics
Gogo BizAv Revenues, Profit Surge
Gogo Business Aviation service revenue outpaces equipment sales in fourth quarter for first time.

In-flight communications specialist Gogo is expecting its business aviation segment revenues to rise by as much as 16 percent this year, following a 22-percent increase in 2014. During a fourth-quarter investor call yesterday, Gogo reported business aviation revenue reached $155.6 million last year, while profits jumped 24 percent, to $63 million. With high investment costs, Gogo posted an $84.5 million loss in 2014 for the overall company, narrowing from the $111.3 million loss in 2013.


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