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Connexion shuts down: The Times of London reports that Connexion has been shut down. They spent six weeks evaluating whether they could sell the service. They apparently couldn’t. They will write down $320m. Some of these fees are paid to airlines for early termination. The company seemed to reveal in a conference call on earnings a few weeks ago that the service costs $120m per year to operate.
Lufthansa vows to get the service running again. They installed it on 80 percent of their long-haul planes, were one of the first, and have the most planes by far hooked up.
Here’s Boeing’s press release. They’ll start phasing the service out soon.
Posted by Glennf at August 17, 2006 10:43 AM
Categories: Air Travel
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