Does this mean that Boeing will reduce its pressure on Congress to
privatize ATC?


BOEING said that it is scaling back its investment in its air
traffic management business and named Kevin Brown as the new
head, beginning April 1. Brown succeeds John Hayhurst, who is
retiring. Boeing also said the business will become part of
Phantom Works, Boeing's research and development unit. Brown,
whose new title will be VP, air traffic management, will report
to Robert Krieger, president of Phantom Works. "Boeing will
continue to pursue advances in air traffic management that will
enhance efficiency, capacity and security," said Boeing
President and Chief Executive Harry Stonecipher. "However, in
an effort to be more efficient, we are scaling down our
investment and making an organizational change to meet current
demand.
(Reuters 09:26 AM ET 03/04/2004)

Mo

http://q1.schwab.com/s/r?l=248&a=932...a&s=rb0403 04
----------------------------------------------------------------