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Boeing Sells Digital Aviation Assets for $10.5 Billion

Thoma Bravo purchases businesses including Jeppesen, ForeFlight, and AerData.

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[Credit: ForeFlight]
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Key Takeaways:

  • Boeing has sold parts of its digital aviation solutions business, including Jeppesen, ForeFlight, AerData, and OzRunways.
  • The assets were acquired by software investment firm Thoma Bravo for $10.5 billion in cash.
  • This divestiture aims to strengthen Boeing's capital structure, bolster its investment-grade credit rating, and allow it to focus on its core manufacturing business.
  • Boeing will retain other digital assets centered on aircraft- and fleet-specific data to support maintenance, diagnostics, and repair services for customers.
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Boeing announced Monday that it has sold off parts of its digital aviation solutions business.

Assets including Jeppesen, ForeFlight, AerData, and OzRunways were transferred to Chicago-based software investment firm Thoma Bravo for $10.5 billion in cash. The transaction will strengthen Boeing’s capital structure, company officials said, while also allowing the manufacturing giant to “focus on core business,” including the retained parts of its digital services portfolio.

Zach Vasile

Zach Vasile is a writer and editor covering news in all aspects of aviation. He has reported for and contributed to the Manchester Journal Inquirer, the Hartford Business Journal, the Charlotte Observer, and the Washington Examiner, with his area of focus being the intersection of business and government policy.

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