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BOEING TO SPIN OFF ITS HIGH GROWTH BUSINESSES
SEATTLE, The aerospace industry based in Seattle is considering to spin off some of its high growth businesses, including comminucation, satellites and air traffic unit. A number of options are on the table, said Phil Condit, Boeing's chairman, as obtaining separate stock market listings. The industry is trying to tap the developing satellite communications market, which is projected to grow from $40bn...
AVIONEWS - World Aeronautical Press Agency