Boeing is exploring the sale of its subsidiary Jeppesen for a possible price of 5,609 million euros as a measure to reduce its consolidated debt of 53,940 million euros.
Thus, the North American manufacturer is working with an advisor to give the ‘green light’ to the operation of this Japanese firm that was acquired in 2000 for a specific value of 1,402 million of euros.
The sale process of the asset, which is “profitable” and has “a broad customer base”, with airlines from around the world and the United States, could occur in the first half of 2025, according to ‘Bloomberg’.
As can be seen from the statement at the time of the acquisition, Jeppesen offers a full range of printed and electronic flight information services, including navigation data, computerized flight planning, aviation software products, aviation weather services, maintenance information and pilot training systems and supplies.
Boeing is currently recovering from a 53-day strike that paralyzed the Seattle area of the United States after the union accepted a 38% raise over four years and better retirement contributions.
This strike has been the latest headache for the aircraft manufacturer, which has been accumulating a series of problems since the incident on January 5 due to the detachment of a panel on an Alaska Airlines plane.
Recently, the company presented its new quarterly accounts in which it announced that it tripled its net losses to 7,448.6 million euros between January and September, 260%. more than the 2,067.8 million euros of the same period in 2023.
In addition, the results also reflected a lower volume of aircraft deliveries and previously announced charges on commercial and defense programs.
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