Boeing is evaluating a potential sale of its Jeppesen navigation unit, which could be valued at around $6bn, with private equity firms, as well as strategic buyers, among the potential suitors for the business, according to a report by Bloomberg News.
The planemaker is reportedly working with an advisor on the process, indicating it’s open to divesting the unit that specialises in interactive flight planning and navigation tools.
Jeppesen’s offerings could deliver substantial growth opportunities and recurring revenue streams, particularly valuable for investors looking to tap into aviation technology. With private equity’s recent focus on data-driven assets and technology within aviation, Jeppesen could prove an attractive, high-yield investment.
Boeing has not commented on the report, though its stock saw a slight 0.3% increase in afternoon trading. This potential sale aligns with Boeing’s broader strategic review, likely aimed at streamlining its operations and focusing capital on core competencies amid recent industry challenges.
