Boeing Soars 4.6% on $100B Asset Sale to Cut Debt

2025年4月23日, The Boeing rise 4.6% in pre-market

Boeing has announced the sale of a portion of its digital aviation solutions business for over $100 billion. This move is part of the company's efforts to reduce debt and focus on its core aircraft manufacturing business. The sale includes Jeppesen and ForeFlight, which provide navigation charts and flight planning services, but Boeing will retain core data services related to aircraft maintenance diagnostics. The transaction is expected to close by the end of 2025.

Boeing's financial struggles have been exacerbated by the 737 MAX crashes, cost overruns on space contracts, and labor disputes. The company reported a $38 billion loss in 2024 and has a debt of $540 billion. The sale of non-core assets is seen as a critical step in alleviating financial pressures and refocusing on core operations.

Additionally, Boeing is facing challenges in the Chinese market due to trade tensions. Chinese airlines have been instructed to halt the acceptance of new Boeing aircraft and related equipment due to high tariffs imposed by the U.S. This has led to the return of several Boeing 737 MAX aircraft to the U.S. instead of being delivered to Chinese customers. The situation has prompted Malaysian Airlines to explore the possibility of acquiring these aircraft, which were originally intended for Chinese airlines.