Boeing Considers Selling Jeppesen Navigation Unit to Reduce Debt
Boeing is reportedly exploring the potential sale of its Jeppesen navigation unit as part of a broader strategy to alleviate its significant $58 billion debt load. Jeppesen, known for its comprehensive navigational and flight planning solutions, has been a part of Boeing since 2000, providing services essential to pilots, airlines, and flight operators worldwide. This prospective sale underscores Boeing’s commitment to streamlining its asset portfolio, focusing on core aerospace and defense operations while managing financial obligations.
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