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Boeing sells digital aviation unit to Thoma Bravo

Bloomberg on MSN · 1d

Boeing Sells Jeppesen Unit to Thoma Bravo for $10.6 Billion

Boeing Co. agreed to sell its flight navigation unit and other digital assets to Thoma Bravo for $10.6 billion in cash, the first major portfolio transaction under Chief Executive Officer Kelly Ortberg as he seeks to shore up the planemaker’s finances.

AeroTime · 14h

Boeing to sell Jeppesen, digital aviation assets to Thoma Bravo for $10.55B

Boeing has said it will sell Jeppesen, ForeFlight, and more to Thoma Bravo for $10.55B as it shifts focus to core aerospace and defense operations.

The New York Times · 23h

Boeing Will Sell Its Digital Businesses for $10 Billion

The deal, with the private equity firm Thoma Bravo, will help the struggling aerospace manufacturer pay down debt and streamline its operations.

Boeing Narrows 1Q Loss

Reuters on MSN · 2h

Boeing reports smaller-than-expected loss on higher jet deliveries, shares jump

Boeing reported a smaller-than-expected quarterly loss on Wednesday, as the U.S. planemaker produced and delivered more jets, after quality problems and a crippling strike shuttered most of its aircraft production late last year.

MarketWatch · 4h

Boeing Narrows 1Q Loss as Backlog Grows, Shares Rise -- Update

The airplane maker's backlog grew to $545 billion in the first quarter, including 5,600 commercial planes. Boeing shares were up 5.5% to $171.45 in premarket trading. The airplane maker on Wednesday posted a loss of $31 million,

The Financial Times · 5h

Boeing’s net loss narrows after increase in jet deliveries

Boeing reported a smaller than expected first-quarter loss after an increase in aircraft deliveries, giving some respite to the US plane maker after a turbulent year. The aerospace and defence group said it incurred a net loss of $31mn in the first three months of the year,

3hon MSN

VIDEO: Aviation expert explains what Boeing’s first quarter numbers mean for WA

The airplane builder posted revenue of $19.5 billion in the period, also exceeding Wall Street forecasts. Here's what the ...

19hon MSN

Boeing to sell Jeppesen unit to Thoma Bravo for $10.6 billion

Boeing said on Tuesday it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, ...

4h

Boeing Clocks 18% Q1 Topline Growth, Plans Production Expansion For 737 And 787

Boeing stock (NYSE: BA) soars on strong Q1 results, revenue up 18%, adjusted loss per share improved to $0.49 from $1.13, ...

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