ViaSat (VSAT) Already Discounting American Airlines Win - Needham & Company
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February 17, 2016 10:18 AM EST
Gogo (NASDAQ: GOGO) disclosed the following on Wednesday:
Item 8.01 Other Events.
As previously disclosed in a Form 8-K filed on February 16, 2016, on February 4, 2016, American Airlines, Inc. (American) sent Gogo LLC (Gogo), a wholly-owned subsidiary of Gogo Inc., a letter (the AA Letter) notifying it that American intended to invoke certain provisions in the parties agreement under which American may give Gogo notice that an in-flight connectivity services provider other than Gogo offers a service that provides a material improvement compared to the early-generation air to ground Gogo system American has chosen... More
February 16, 2016 1:12 PM EST
ViaSat (NASDAQ: VSAT) is moving to the highs of the session following news this morning that American Airlines (NYSE: AAL) is seeking to drop Gogo (Nasdaq: GOGO) as its in-flight service provider in favor of ViaSat.
Shares are up 12.8%.
...
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February 16, 2016 9:46 AM EST
Gogo (NASDAQ: GOGO) disclosed the following on Tuesday:
On February 15, 2016, Gogo Inc. issued the following statement to a reporter:
We have received certain inquiries regarding a declaratory judgment action filed against Gogo by American Airlines (Nasdaq:... More
February 16, 2016 7:47 AM EST
Gogo (Nasdaq: GOGO) shares could be heading lower following reports that the company was sued by American Airlines (Nasdaq: AAL).
The... More
