The struggling US aircraft manufacturer Boeing is selling a significant portion of its digital services business to the software investment firm Thoma Bravo. The sale includes businesses within its Digital Aviation Solutions division, valued at $10,55 billion (approximately €9,2 billion), the company announced in Arlington on Tuesday. The divested units include Jeppesen, Foreflight, Aerdata, and Ozrunways.
Boeing, however, will retain those parts of its digital division that focus on specific aircraft and fleet data. This will enable the company to continue supporting its customers in the civil and military sectors in the areas of maintenance, diagnostics, and repairs. Boeing CEO Kelly Ortberg described the sale as an important step in focusing on the core business and strengthening the company's financial position.
This move comes against the backdrop of a difficult period for Boeing. Following two serious 737 Max crashes and a series of other technical problems, the company has already experienced six years of losses. Analysts predict further losses for the US aircraft manufacturer in 2025. The sale of the digital business units could therefore contribute to the company's restructuring.