Boeing to Jettison in-Flight Internet Venture, Report Says

The ColumbianJune 30, 2006

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Summary


CHICAGO (AP) -- Boeing Co. is considering selling or closing down its 6-year-old Connexion Internet venture amid a lack of demand by U.S. airlines for the service, a published report said Thursday.

The aerospace company has contacted commercial-satellite operators and other firms that might be interested in either buying the business or becoming a major partner, The Wall Street Journal reported, citing unidentified people familiar with the situation.

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Boeing to Jettison in-Flight Internet Venture, Report Says

Boeing did not confirm or deny the report but acknowledged the busin...

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