In-Flight Communications Study

Telecom, Media and Finance Associates, Inc., a mobile satellite services consulting firm, Thursday forecast that the market opportunity for in-flight communications will be much smaller than many analysts and consultants have been projecting. TMF Associates forecast that the Connexion service would ultimately be shut down and that backers of other systems would need to re-evaluate whether their business projections are simply too optimistic. However, other consulting firms have continued to project that a multi-billion dollar market will be realized for in-flight passenger communications over the next five years.