Boeing (BA, Financial) is exploring the possibility of selling its subsidiary, Jeppesen, as part of a strategic plan to reduce its $58 billion debt. According to insiders, the company is consulting with an advisor regarding the potential sale, which has already attracted interest from potential buyers, including private equity firms and other companies.
The estimated sale value for Jeppesen is projected to exceed $6 billion, contingent on buyer interest and comparable asset evaluations. The sale process could commence as soon as the first half of 2025. However, sources caution that Boeing is still assessing its asset portfolio and might ultimately decide to retain Jeppesen. The company spokesperson declined to comment on the matter.
