Boeing Considers Jeppesen Sale to Tackle $58 Billion Debt Load

Boeing is reportedly exploring the sale of its subsidiary, Jeppesen, as part of a broader plan to alleviate its $58 billion debt burden. This potential divestiture highlights Boeing's strategic effort to optimize its asset portfolio amidst financial challenges.

Sources privy to the matter have disclosed that Boeing is in discussions with an advisor to facilitate the possible sale of Jeppesen. The process has apparently garnered interest from potential buyers, including private equity firms and other companies, indicating strong market interest.

Jeppesen, known for its flight navigation services, could fetch a price exceeding $60 billion, depending on the appetite of buyers and the valuation of comparable assets. The timeline for this sale could see developments as early as the first half of 2025, although insiders caution that Boeing might still decide to retain Jeppesen, with evaluations ongoing. The company has refrained from commenting on these speculations.