Boeing (BA, Financial) is reportedly considering the sale of its subsidiary Jeppesen to help reduce its significant debt, which currently stands at $58 billion. Sources familiar with the matter indicate that the company is compiling a list of assets that could be divested.
Potential buyers have already shown interest, with Jeppesen's sale price estimated to exceed $6 billion. The divestment process could commence as early as the first half of 2025. However, Boeing might also opt to retain the business, as no final decision has been made. A Boeing spokesperson has declined to comment on the matter.
Jeppesen, headquartered in Colorado, USA, employs around 3,200 people globally and provides digital navigation solutions for airlines and pilots worldwide.
