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Boeing executive says don't expect any more big assets sales at this time

Boeing executive says don't expect any more big assets sales at this time

Zawya13 hours ago

Boeing is not planning any more big asset sales at this time, Chris Raymond, the head of its global services business, said at the Paris Airshow on Tuesday.
Battling to recover from a series of crises, CEO Kelly Ortberg has been selling non-core assets to reduce Boeing's debt.
In April, the U.S. planemaker struck a deal in April to sell parts of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion.
(Reporting by Tim Hepher. Editing by Mark Potter)

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This partnership will ensure sustained performance of our advanced optronics systems across multiple operational domains, and reinforce our shared commitment to bolster the local industrial ecosystem and reinforce the UAE's leadership in the global defence sector'. About EDGE Launched in November 2019, the UAE's EDGE is one of the world's leading advanced technology groups, established to develop agile, bold and disruptive solutions for defence and beyond, and to be a catalyst for change and transformation. It is dedicated to bringing breakthrough innovations, products, and services to market with greater speed and efficiency, to position the UAE as a leading global hub for future industries, and to creating clear paths within the sector for the next generation of highly-skilled talent to thrive. 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For more information, visit For media enquiries, please contact: EDGE Group Press Office media@ About Thales Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services addresses several major challenges: sovereignty, security, sustainability and inclusion. The Group invests more than €4 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, cybersecurity, quantum and cloud technologies. Thales has more than 83,000 employees in 68 countries. In 2024, the Group generated sales of €20.6 billion. Contacts Tarek Solimane Regional Communications and Institutional Affairs Director Dhwani Sanganee Regional External Communications Manager

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