https://news.bloomberglaw.com/business-and-practice/boeing-is-said-to-weigh-6-billion-sale-of-navigation-aid-unit
Jeppesen going bye-bye? Maybe Honeywell?
5 replies (most recent on top)
Just like the great financial crisis, the mortgage companies sold what they could. They sold the good mortgages because they could not sell the bad ones. I believe the company will sell their good divisions to fund what they cannot sell - their commercial division.
Yes he will be just another puppet under the Boeing big top.
One more short sighted move to go with all the others, new CEO, same old story
I have no idea what the digital aviation business unit makes in profit these days but it seems short sighted to sell off the only aviation database in the world, a complete Boeing monopoly, for a few billion. Digital aviation makes over 100 products for ground and airborne operations along with the aviation database. It would seem a desperate move to sell that business unit for a few bucks.
Just a little more cool cash while we move forward.