graphic
News > Companies
Boeing to add Net to flights
April 27, 2000: 4:39 p.m. ET

Aircraft builder to provide airline passengers with Internet and TV access
graphic
graphic graphic
graphic
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.

graphicBoeing 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.

graphicThe 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. Back to top

--From staff and wire reports

  RELATED STORIES

Boeing flies over forecasts - April 19, 2000

Strike about to hit Boeing 1Q profits - March 8, 2000

  RELATED SITES

Boeing


Note: Pages will open in a new browser window
External sites are not endorsed by CNNmoney




graphic


Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.