Gogo Up Pre-Market on Certifications From FAA, Japanese Civil Aviation Bureau for 767-300 AircraftMd Noman Siddique (Author) Published Date : May 29, 2014 19:23 IST
Gogo (GOGO) shares rose in Thursday's pre-market session, after the provider of in-flight connectivity and wireless in-cabin digital entertainment services said it received a Supplemental Type Certificate or STC from the Federal Aviation Administration and a Certification from the Japanese Civil Aviation Bureau to install Gogo's Ku-satellite based connectivity service on Japan Airlines' 767-300 aircraft. GOGO was up 3.6% at $15.80 in recent pre-market trading, in a 52-week range of $9.71 to $35.77. The 767-300 is the third aircraft type in JAL's fleet to receive FAA and JCAB approval for installation. Gogo said it has partnered with JAL to install connectivity service and Gogo Vision--Gogo's wireless in-flight entertainment service--on JAL's domestic fleet. The certification is a key milestone in the installation process, it noted. Gogo added it is in the process of securing an STC for JAL's 737-800 aircraft, which is the last STC needed to install Japan's complete domestic fleet.
Gogo Up Pre-Market on Certifications From FAA, Japanese Civil Aviation Bureau for 767-300 Aircraft