Boeing may try to sell or end altogether its in-flight Connexion Internet venture after failing to reach profitability during the last six years, according to The Wall Street Journal. The aerospace company has offered the business to several commercial-satellite operators and other companies that might want to partner with Boeing or buy the division outright. The service works well via a satellite connection but has attracted little interest from the majority of U.S. airlines. Apparently, passengers don't have a desire to pay individual access fees of $10 to $27 to have high-speed Internet access. With the recent auction of in-flight air-to-ground services, it appears many airlines are waiting for cheaper services from these players. It's also an interesting test of the market to see what passengers are willing to pay for Internet access on airplanes. It looks like quite a price-sensitive market.
To read more about the potential demise of Boeing's in-flight Connexion venture:
- check out this article from The Wall Street Journal (sub. req.)