Service revenue increased 28% to $81.6 million and equipment revenue increased 4% to $22.4 million year-over-year.
The company ended the quarter with 2,044 aircraft online, up 33 from 2,011 at September 30, 2013.
Average monthly service revenue per aircraft online (ARPA) increased to $10,134, up 22% from $8,338 in Q3 2013, driven by a 7% increase in take rate to 6.2% and an 8% increase in average revenue per session (ARPS) to $11.43 as a result of price increases and changes in product mix.
On the business aviation front, Gogo ended the quarter with 2,637 ATG systems online, up 43% from 1,847 at September 30, 2013, and 5,322 satellite systems online, up 4% from 5,127 at September 30, 2013.
Across the rest of the globe it ended the quarter with 35 aircraft online versus 19 aircraft online at June 30, 2014, as it continued to expand its Ku-band satellite connectivity service on Delta and JAL. Gogo says it expects to end 2014 somewhere near the midpoint of its previous guidance of 50 to 100 aircraft online.
Gogo’s President and CEO, Michael Small, said: “We had another strong quarter as we announced airline partnerships with Virgin Atlantic and Vietnam Airlines, signed agreements with Air Canada and AeroMexico, and in October, announced that we expanded our partnership with United Airlines to include its regional jet fleet.
“Furthermore, we delivered our first $100 million revenue quarter and took major steps towards monetising everyone on the plane by launching our wireless entertainment and text messaging solutions.
“We are also extremely pleased that our next-generation 2Ku global satellite connectivity technology has already gained significant traction in the market, with long-term commitments from two airlines and plans to conduct trials on three others.
“With our technology leadership, scale, operational expertise, and broad suite of communication solutions, Gogo is well positioned for long-term growth,” he added.
Other recent developments:
- Virgin Atlantic became Gogo’s first European airline partner and selected 2Ku as the connectivity solution for its fleet.
- United Airlines selected Gogo to provide in-flight internet and wireless entertainment service on more than 200 of United’s two-cabin regional jets and will be trialling its 2Ku solution on five of their Premium Service aircraft.
- It launched “Delta Studio” with Delta Air Lines, a custom wireless in-flight entertainment product leveraging the Gogo Vision platform.
- It signed a definitive agreement with AeroMexico to provide in-flight internet and wireless inflight entertainment service on at least 58 aircraft, of which at least 20 will be equipped with 2Ku technology.
- It also signed a definitive agreement with Air Canada to provide in-flight connectivity on its entire North American fleet.
- Vietnam Airlines selected Gogo to provide in-flight connectivity for its Boeing 787 fleet of aircraft and a majority of its Airbus A350 aircraft.
- Gogo and T-Mobile entered into a contract to provide free in-flight texting to T-Mobile customers on commercial flights across the U.S.
- It received STCs from the FAA to install its Ku-band satellite technology on Boeing 757-200 and 767-400 aircraft operated by Delta Air Lines, bringing the total STCs for international aircraft to nine.
- Gogo Business Aviation, formerly known as Aircell, partnered with Dassault to provide a factory approved solution to help Falcon operators comply with emerging FANS (Future Air Navigation System) mandates.