Gogo (NASDAQ: GOGO) has signed a term sheet with Beijing based Shareco Technologies to install its 2Ku in-flight connectivity technology on 50 commercial aircraft for Shareco´s airline partners, including Hainan Airlines and Beijing Capital Airlines, the company said.
This is the largest announced in-flight connectivity deal in China and the first airline deal for Gogo in China. In addition to in-flight connectivity, Gogo will also provide its wireless in-flight entertainment solution — Gogo Vision — for Shareco to install on these aircraft.
Beijing Shareco Technologies Co., Ltd. provides in-flight entertainment and connectivity related services to Chinese and international commercial airlines. Gogo and Shareco will work together on necessary regulatory approvals to install the technology on these aircraft. The goal is to install all 50 aircraft within two years following execution of a definitive agreement.
With more than two decades of experience, Gogo provides in-flight connectivity and wireless entertainment services for commercial and business fleets around the world.