A Few Notes on Gogo’s IPO Filing
Internet connectivity provider Gogo filed for an IPO on Friday last week, and its prospectus filed with the SEC has some interesting nuggets of information. Personally, I was quite excited to read through everything as many airlines havent provided much in terms of details when it comes to Wi-Fi usage and revenue, and unlike baggage or change fees, they arent required to break out these revenues when they report financial data to the DOT.
SplatF went through much of the IPO filing already, and they take a stab at perhaps the most interesting data point: usage rate. With roughly 355 million passengers having flown on Gogo-enabled planes since 2008, Gogo has only provided 15 million sessions — about 4% take-up, the website reports. Bu
December 31, 2011
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Posted by Sarah Miles
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