|06-25-2006, 08:54 AM||#1|
Join Date: Oct 2002
Device: Too many to count here.
Connexion by Boeing hits turbulence
It sounded too good be true. Remember last year, when I reported live from a flight from Frankfurt to Chicago? I had the rare opporunity to sit in one of the first airplanes equipped with Boeing's Connexion service, which allowed me to surf the Net in high-speed during the flight. Now it looks like the venture hasn't been as successful as many of us had anticipated. As the Wall Street Journal reported last week, Boeing is considering selling Connexion or shutting it down altogether.
Satellite operator SES Global is rumored as a potential buyer of the service, which has cost Boeing approximately $1 billion since its start in April 2000. Some industry experts say Connexion today may not be worth more than $150 million.
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