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After a tough 2024, Boeing rebounds with a solid earnings report and a big new deal

Boeing sells aviation software division to private equity firm for $10.55 billion.

Boeing aircraft

Giuseppe Cacace/Getty Images

less than 3 min read

On the next episode of Nathan Fielder’s The Rehearsal, a private equity firm takes over flight safety, planning, runway, and maintenence software for the world’s largest aerospace company, and nobody is worried. Seems like the setup for a prank reality show, but really, it’s just a regular Tuesday in 2025.

Airplane-maker Boeing announced a deal to sell parts of the company’s aviation software department, Digital Aviation Solutions, to Thoma Bravo, a private equity firm, for $10.55 billion.

The transaction grounds those two birds with one stone. The sale will unload at least some of the 3,900 employees across Boeing’s software subsidiaries Jeppesen, ForeFlight, AerData, and OzRunways. It’s part of the company’s strategy to make up for a dismal 2024 by focusing on the company’s core business and cutting costs elsewhere.

But that wasn’t the only win for Boeing this week—with the caveat that winning for Boeing means not losing as badly as last year. In its first quarter earnings report, the aerospace company showed it lost less money than it expected. In the first three months of 2025, Boeing reduced losses to $31 million.

Still a lot, but much less than the $355 million loss the company reported a year earlier. The company also saw an 18% rise in revenue to $19.5 billion. Commercial airline sales drove the increase; Boeing delivered 130 airplanes to partners, a 57 % increase from the same period last year.

In more not-as-bad-as-it-could-be news, FactSet analysts had predicted shares would drop $1.18, but the actual dip in stock price didn’t even crack 50 cents per share.

But those numbers are a little squishy. Remember when that door flew off an Alaska Airlines flight last year? Yeah, that was a Boeing 737. So the grounding of those models depressed numbers last year, helping enable the bounce-back in Q1.

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News built for finance pros

CFO Brew helps finance pros navigate their roles with insights into risk management, compliance, and strategy through our newsletter, virtual events, and digital guides.