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Gogo Appoints Monte Koch, Chair Emeritus of the NBAA, to Board of Directors
GogoGogo(US:GOGO) Prnewswireยท2024-07-24 11:00

Core Viewpoint - Gogo Inc. has appointed Monte Koch to its Board of Directors, expanding the board from 9 to 10 members, which is expected to enhance the company's strategic direction in the business aviation market [1][2]. Company Overview - Gogo is the largest provider of broadband connectivity services for the business aviation market, offering a suite of smart cabin systems for connectivity, in-flight entertainment, and voice solutions [6]. - As of March 31, 2024, Gogo reported 7,136 business aircraft equipped with its broadband ATG systems, with 4,110 using Gogo AVANCE L5 or L3 systems, and 4,285 aircraft utilizing narrowband satellite connectivity [6]. Appointment of Monte Koch - Monte Koch brings nearly 20 years of experience from the National Business Aviation Association and over 5,000 hours as a pilot, which adds significant expertise to Gogo's Board [2][4]. - Koch's 25-year career in finance and experience as a public company director are expected to benefit Gogo as it launches new products aimed at improving inflight connectivity and capturing opportunities in the business aviation market [2][3]. Monte Koch's Background - Koch is a retired Partner of BDT & Company, managing over $20 billion in assets, and has served as Chair Emeritus of the National Business Aviation Association [4][5]. - He has a strong background in investment banking, having held senior roles at Deutsche Bank Securities, including Global Head of Real Estate Investment Banking [5].