Boeing Considers Sale of Jeppesen Navigation Unit to Alleviate Debt

Boeing Co. is considering selling its Jeppesen navigation unit to alleviate a $58 billion debt burden. Valued at $6 billion, this potential sale comes as Boeing seeks to streamline operations amid financial challenges. Jeppesen, known for its flight planning solutions, has attracted interest from various buyers, indicating a competitive bidding process. This divestiture could be pivotal for Boeing’s strategy to focus on core competencies and improve financial health in a recovering aviation market.