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   AVIATION      Aviation echo, airline-related news      717 messages   

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   Message 651 of 717   
   Aviation HQ to All   
   Boeing sells its Jeppesen assets   
   04 Nov 25 18:31:43   
   
   MSGID: 2:292/854 1a2a2f18   
   TZUTC: 0200                     
   Boeing has sold several digital subsidiaries, including its navigation   
   division, Jeppesen. Thoma Bravo, an investor in software companies, is paying   
   the American aircraft manufacturer over $10.5 billion for the sale.   
       
   Rumours already surfaced at the end of last year that Boeing wanted to divest   
   itself of several subsidiaries to focus on its core business and reduce its   
   debt burden.   
       
   Jeppesen, as well as ForeFlight, AeroData, and OzRunways, have now been sold.   
   Several digital subsidiaries will remain in Boeing's hands. These are   
   divisions focused on providing data to customers to keep their aircraft flying.   
      
   --- DB4 - 20230201   
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