UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One): ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from __________ to __________ Commission File Number: 001-35975 Gogo Inc. (Exact name of registrant as specified in its charter) Delaware 27-1650905 (State or ot ...

Financial Data and Key Metrics Changes - Consolidated revenue decreased by 55% year-over-year, with service revenue down 57% and equipment revenue down 44% [46][37] - EBITDA fell into negative territory for the first time since Q4 2013, reporting adjusted EBITDA of negative $15.9 million [47][37] - The company achieved breakeven unlevered free cash flow for the quarter, ending with $156 million in cash [44][37] Business Line Data and Key Metrics Changes - Business Aviation (BA) revenue declined by 23% to $54.6 million, with service revenue down 20% and equipment revenue down 36% [48][37] - Commercial Aviation (CA) revenue saw a significant decline, with North American revenue down 72% to $30 million and service revenue down 74% [50][37] - CA Rest of World revenue decreased by 67% to $12 million, with service revenue down 79% [53][37] Market Data and Key Metrics Changes - Pre-COVID, the company averaged 37 million passengers per month on Gogo-equipped aircraft, which plummeted to 1.9 million in April, recovering to 7.1 million in June [8][37] - In Business Aviation, daily flights dropped from 3,500 pre-COVID to 397 in April, recovering to over 2,700 in August [11][37] - In North America, flights per day increased from 2,300 in April to over 6,000 in August, with load factors rising from 10%-20% to 40%-60% [15][37] Company Strategy and Development Direction - The company has developed a three-track value creation plan focusing on liquidity preservation, strategic initiatives for commercial aviation, and financial management [9][37] - The strategic track includes potential combinations with other service providers or satellite operators to enhance market position [29][37] - The company is pursuing a financing track due to uncertainty in revenue recovery and upcoming convertible notes due in May 2022 [34][37] Management's Comments on Operating Environment and Future Outlook - Management expects U.S. domestic passenger traffic to recover to 50% of 2019 levels by the end of 2020 and 71% by the end of 2021 [10][37] - The company remains focused on liquidity and driving shareholder value despite the challenges posed by COVID-19 [8][37] - Management expressed optimism about the recovery in Business Aviation and a gradual recovery in Commercial Aviation [8][37] Other Important Information - The company implemented significant cost controls, achieving savings projected to exceed $330 million through 2021 [39][37] - A workforce reduction of 14% was announced, with a total reduction of 30% in the Commercial Aviation division since the pandemic began [24][37] - The company has applied for government assistance under the CARES Act but has not yet received confirmation [34][37] Q&A Session Summary Question: Is a joint venture outcome something that is on the table? - Management refrained from commenting on potential forms of combinations but confirmed that debt levels would remain at the parent level and not be transferred to the Commercial Aviation side [59] Question: Can you provide more detail on CA North American gross margins? - Management indicated that cost reductions are part of their plan and will benefit future margins, with ongoing negotiations with satcom providers [60][61] Question: What is the outlook for Business Aviation and new aircraft demand? - Order flow is down, but there is a cautious reopening of orders, with expectations for higher shipment levels in Q3 and Q4 [64]

Gogo Inc. (NASDAQ:GOGO) Q1 2020 Results Conference Call May 11, 2020 8:30 AM ET Company Participants Will Davis - VP, IR Oakleigh Thorne - President and CEO Barry Rowan - EVP and CFO Conference Call Participants Philip Cusick - JP Morgan Ric Prentiss - Raymond James Lance Vitanza - Cowen Louie DiPalma - William Blair Operator Ladies and gentlemen, thank you for standing by. And welcome to the Q1 2020 Gogo Inc. Earnings Conference Call. At this time, all participants are in a listen-only mode. After the spea ...

Table of Contents Title of ClassTrading SymbolName of Each Exchange on Which Registered Common stock, par value $0.0001 per share GOGO NASDAQ Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One): ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition peri ...

Gogo Inc. (NASDAQ:GOGO) Q4 2019 Earnings Conference Call March 13, 2020 8:30 AM ET Company Participants Will Davis - VP, IR Oakleigh Thorne - President & CEO Barry Rowan - EVP & CFO Conference Call Participants Scott Searle - ROTH Capital Partners Landon Park - Morgan Stanley Lance Vitanza - Cowen & Company Philip Cusick - JP Morgan Operator Ladies and gentlemen, thank you for standing by, and welcome to the Fourth Quarter 2019 Gogo Incorporated Earnings Conference Call. At this time, all participants are i ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One): ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to Commission File Number: 001-35975 Gogo Inc. (Exact name of registrant as specified in its charter) Delaware 27-1650905 (State or other juri ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One): ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from __________ to __________ Commission File Number: 001-35975 Gogo Inc. (Exact name of registrant as specified in its charter) Delaware ...

Gogo Inc. (NASDAQ:GOGO) Q3 2019 Earnings Conference Call November 7, 2019 8:30 AM ET Company Participants Will Davis - VP, IR Oakleigh Thorne - President and CEO Barry Rowan - EVP and CFO Conference Call Participants Philip Cusick - JP Morgan Lance Vitanza - Cowen & Company Scott Searle - ROTH Capital Partners Ric Prentiss - Raymond James Louie DiPalma - William Blair Landon Park - Morgan Stanley Greg Gibas - Northland Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to the Q ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One): ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from __________ to __________ | --- | --- | --- | --- | |----------------------------------------------|--------------------------------------- ...

Financial Data and Key Metrics Changes - Quarterly service revenue grew to $174 million, up 9% from Q2 2018 [6] - Adjusted EBITDA reached $37.8 million, a 100% increase year-over-year, driven by service revenue and cost savings [6][30] - Free cash flow improved to negative $3 million from negative $35 million in the prior year [6] Business Line Data and Key Metrics Changes - Commercial Aviation (CA) segments saw strong service revenue growth, with combined profits positive for the second consecutive quarter [17][33] - CA North America (CA-NA) service revenue increased to $96.4 million, up 1% year-over-year despite de-installations [35] - Business Aviation (BA) segment experienced a 14% increase in service revenue to $54.8 million, but equipment revenue decreased by 37% [39] Market Data and Key Metrics Changes - Gogo supports two airlines providing free Wi-Fi, with Delta conducting market tests on 55 daily flights [10] - The company has a backlog of approximately 900 aircraft, with 61% in the rest of the world, indicating growth potential [18] - The total fleet of commercial aircraft online increased to 3,134, up 81 from Q1 [18] Company Strategy and Development Direction - The company aims to grow as demand for in-flight connectivity accelerates, particularly with airlines offering free Wi-Fi [8] - Gogo is working on Gogo 5G and new satellite technologies to enhance service offerings and operational efficiency [12][11] - The company plans to improve its cash flow trajectory and does not expect to need new capital before reaching positive free cash flow in 2021 [15][29] Management's Comments on Operating Environment and Future Outlook - Management expressed caution for Q3 and Q4 due to the absence of "good guys" contributing to adjusted EBITDA [16] - The company anticipates increased investments in key programs like line-fit and Gogo 5G in the second half of the year [16] - Management remains optimistic about the long-term growth potential in the in-flight connectivity market [22] Other Important Information - The company refinanced $690 million in senior notes, extending maturities to 2024, which enhances strategic flexibility [15] - Adjusted EBITDA guidance was raised to a range of $105 million to $115 million, reflecting strong performance [43] Q&A Session Summary Question: Thoughts on take rates in CA-NA and CA-ROW - Management expects take rates to improve significantly as airlines move to free Wi-Fi, with potential for 30% take rates in Asia and higher in North America [47][48] Question: Modeling sat-com costs - Management noted that while sat-com expenses will grow with usage, improved network management is expected to reduce costs over time [50][51] Question: Update on Gogo 5G - Initial spending for Gogo 5G is expected to be a few million dollars for the latter part of the year, with costs included in guidance [52][53] Question: Delta free trials results - The trial aimed at market acceptance of free Wi-Fi, with operational support from Gogo, but specific results were not disclosed [60] Question: Strategic and competitive ecosystem for in-flight broadband - Management sees growing demand for free Wi-Fi as beneficial for the industry and anticipates potential consolidation among competitors [62]