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tempismo perfetto direiIl 99% dei 25000 dipendenti di Boeing, la maggior parte meccanici e tecnici, hanno annunciato che si metteranno in sciopero in caso la compagnia non dovesse accogliere la loro richiesta di aumenti salariale del 40% distribuito sui prossimi 3 anni.
Boeing Names Kelly Ortberg as Its Chief Executive
The company has been under pressure to improve quality and safety after a panel blew away from a 737 Max plane during an Alaska Airlines flight in January.
July 31, 2024 8:18 a.m. ET
Boeing’s board named the plane maker’s next chief executive on Wednesday, putting Robert K. Ortberg, a veteran of the aerospace industry, in charge as the company tries to recover from a crisis prompted by a panel blowing away from a 737 Max plane in January.
Mr. Ortberg, known as Kelly, will inherit a long list of difficult tasks. He will have to oversee sweeping cultural changes, complete the acquisition of an important suppliers, shore up Boeing’s supply chain as it tries to increase production and develop its next generation of planes. His appointment takes effect on Aug. 8.
Mr. Ortberg, 64, brings decades of industry experience and an outsider’s perspective to the role. He is a former chief executive of Rockwell Collins, which made electronic systems and other technology for aircraft, including those made by Boeing. Speculation about the airplane manufacturer’s next chief executive had focused on other candidates for months, but Mr. Ortberg’s name entered the public discussion this week after The Air Current reported that he was being considered.
Exclusive: Buyout, aerospace firms close in on $8 billion-plus Boeing navigation unit, sources say
Milana Vinn
March 28 (Reuters) - Several private equity firms and at least one aerospace supplier are among the remaining bidders competing to buy Boeing's (BA.N) Jeppesen navigation unit for more than $8 billion, according to people familiar with the matter.
Boeing is expected to invite bids for Jeppesen from the suitors in the coming weeks, six sources told Reuters, requesting anonymity as the discussions are confidential.
In recent weeks, several private equity firms have joined together to pursue a buyout of Jeppesen. Those private equity groups include Vista Equity and Warburg Pincus; Advent International and Permira; and TPG and Francisco Partners, according to three of the sources.
The remaining parties also include aircraft parts maker TransDigm (TDG.N), and technology-focused buyout firms Thoma Bravo and Silver Lake, who are bidding separately.
Honeywell (HON.O) and Carlyle (CG.O) had also expressed interest in acquiring Jeppesen, the sources added. It is unclear whether Honeywell and Carlyle are planning to submit final offers. Honeywell has its own competing navigation products.
If the talks to sell Jeppesen are successful, the deal would rank as one of the biggest carve-out transactions in recent memory. In 2023, Ball Corp (BALL.N) sold its aerospace assets to Britain's BAE Systems for about $5.6 billion.
The final offers are expected to value Jeppesen between $8 billion and $9 billion, three sources said. Boeing had initially expected to fetch a price of more than $6 billion when the auction was launched late last year, but robust demand from potential buyers has pushed up the price tag, the sources said.
Boeing is expected to further whittle down the list of potential buyers in the coming weeks ahead of final-round bids, one of the sources said.
Boeing, TransDigm, Vista, Warburg Pincus, Advent, Permira, TPG, Francisco Partners, Thoma Bravo, Silver Lake, and Honeywell declined to comment. Carlyle did not respond to a request for comment.
The planned sale of Jeppesen is part of CEO Kelly Ortberg's plan to streamline Boeing and reduce its debt pile by selling non-core businesses. In February, British Airways said it was buying Boeing's maintenance operation at Gatwick Airport near London.
Boeing is separately attempting to offload its drone business Insitu.
Jeppesen, which provides navigation products and software, is seen as a sought-after asset that could boost aerospace contractors and private equity firms, that typically like to buy businesses that generate steady cash flow.
TransDigm, which has a market value of about $77 billion, has struck several bolt-on deals in recent years. The Cleveland, Ohio-based company acquired DART Aerospace for $360 million in 2022; Calspan for $725 million and CPI's electron device business for $1.4 billion in 2023; and Raptor Scientific for $655 million in 2024.
If TransDigm is successful in its pursuit of Jeppesen, it would mark the company's largest acquisition and give it access to new offerings that would complement its components-focused operations.
Boeing acquired Englewood, Colorado-based Jeppesen for $1.5 billion in 2000. The company's founder, Elrey Borge Jeppesen, started selling the world's first navigation charts for pilots in the mid-1930s, while flying for Boeing-owned airlines.