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Boeing Could Sell Navigation Unit For $6B, And More Rumors

By Al Barbarino ( November 14, 2024, 5:19 PM EST) -- Boeing has had a rough stretch following years of operational issues, safety woes that included two 737 Max crashes, and a crushing workforce strike, all of which have led to financial losses and a massive pile of debt. That's contributed to a pressing need for the aircraft maker to strip away nonessential assets, highlighted by a Nov. 8 Bloomberg report that the battered company is mulling a sale of its Jeppesen navigation unit at a price that could exceed $6 billion....

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