Gogo calls active Gogo October 19 and 20 calls are active on 1100 contracts (40 puts) on takeover speculation. October call option implied volatility is at 53, November is at 63 February is at 55; compared to its 26-week average of 63 according to Track Data. Active call volume suggests traders taking positions for large price movement.
Gogo receives bid award letter from Vietnam Airlines Gogo announced that it has received a bid award letter from Vietnam Airlines to provide in-flight connectivity services on Vietnam Airlines' fleet of Boeing 787 aircraft and a majority of Vietnam's Airbus A350 aircraft. The aircraft will be outfitted with a mix of Inmarsat's new GX Aviation Ka-band service and their proven SwiftBroadband connectivity. The parties are currently negotiating a definitive agreement, with the GX service currently expected to launch in the second half of 2015.