Aircell closed (07-Feb-2011) a USD35 million financing deal with its existing investors and Aircell's management team. The funding has come from current investors Ripplewood Holdings and entities related to Oakleigh Thorne. It brings Aircell’s total capital raised to almost USD600 million. Proceeds of the financing will be used to fund growth in both commercial and business aviation markets. In 2011, Aircell expects to increase its base of installed aircraft by an average of three per day in the airline market. Gogo is available on all AirTran Airways, Virgin America and mainline Delta Air Lines flights; as well as flights operated by Air Canada, Alaska Airlines, American Airlines, United Airlines and US Airways, with service on Frontier Airlines expected to begin shortly. [more]
Aircell secures USD35m in private equity funding
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CAPA Americas Aviation Summit – navigating uncertainty in the era of Trump and changing tides
Aviation industry leaders and stakeholders will debate the shape of aviation in the Americas in a post Trump world. There is only one event in North America this year offering great insights into new trends and challenges emerging from the new US presidential administration and the churning global aviation markets. This takes place at the annual CAPA Americas Aviation Summit, to be held in Orlando, Florida on 4/5-April-2017.
The next few years for aviation in the Americas are filled with uncertainties, ranging from potential fallout from President Trump’s trade and travel policies to Brexit and the future shape and direction of US-China aviation relations.
“Information is the resolution of uncertainty” - Claude Shannon. Don’t miss this opportunity to gather crucial intelligence necessary for shaping the Americas aviation industry during the next decade.
Highlights from the comprehensive summit include: