Gogo: 334 Antennas Waiting On Paperwork
Gogo's 334 shipped Galileo antennas are delayed by FAA certification paperwork rather than a lack of buyers, according to the article, which contends the market misreads the shipment timing as weak demand. The piece notes service revenue remains robust and recurring, while government and military growth offset declines in business aviation.
Why it matters — A GOGO watcher would care because the certification backlog of 334 antennas affects near-term shipments even as recurring service revenue continues to provide a stable base.