Boeing to add Net to flights
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April 27, 2000: 4:39 p.m. ET
Aircraft builder to provide airline passengers with Internet and TV access
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NEW YORK (CNNfn) - Boeing Co. unveiled a new service Thursday giving airline passengers access to the Internet, television and other media over a high-speed satellite-based communications network.
Boeing CEO Phil Condit told CNNfn Thursday that his company's goal was to turn its planes into flying home offices. (292K WAV) or (292K AIF)
Boeing's partners in the venture include CNN, CNBC, Mitsubishi Electric Corp. and Loral Skynet.
Boeing said the service will cost about the same as a cellular phone call. The market for such services could be as big as $70 billion over 10 years, Boeing (BA: Research, Estimates) said, citing analysts' projections.
"Commercial information and communications are areas where we understand the customer, where we bring unique solutions no one else has the capabilities or resources to provide," said Jim Albaugh, who heads Boeing's space and communications group.
The service, named Connexion by Boeing, will first be available to airlines in North America, with installations beginning late next year. Condit said Boeing planned to have the service in every plane in their global fleet by about 2004.
Seattle-based Boeing has announced plans to buy the satellite-building business of Hughes Electronics Corp (GMH: Research, Estimates), as part of its goal to become the leading player in satellite communications.
--From staff and wire reports
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