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Silver Airways and Seaborne Virgin Islands Seek Extension for Aircraft Lease Agreements Amid Asset Sale Plans

Silver Airways and Seaborne Virgin Islands, both operating under bankruptcy proceedings, have filed a court request to extend agreements with aircraft lessors beyond the current 60-day period. The airlines seek additional time to finalize the sale of their assets, ensuring a structured transition amid financial restructuring efforts.

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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…