Boeing Concludes Purchase of C-Map to Grow Jeppesen Marine Business |
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Boeing Co., The
P.O. Box 3707
Seattle, WA, 98124
USA
Press release date: January 30, 2007
SEATTLE, Jan. 30 -- The Boeing Company (NYSE:BA) today announced it has concluded its purchase of C-Map, a leading provider of digital maritime cartography, data services and other navigational information. C-Map will become a part of Jeppesen's marine division. Jeppesen is a wholly-owned subsidiary of Boeing Commercial Aviation Services.
"We are excited to welcome the employees of C-Map to Boeing and Jeppesen," said Lou Mancini, vice president and general manager of Boeing Commercial Aviation Services. "C-Map supports Boeing's strategy of providing its customers with innovative products and services to help them operate their businesses more efficiently."
"Jeppesen's reputation for excellence is a direct result of delivering very high quality, essential navigational and operational information to customers around the world for the last 73 years," said Mark Van Tine, Jeppesen president and COO. "With the acquisition of C-Map, Jeppesen has the opportunity to establish a new standard of information solutions in the maritime industry. We bring exciting new capabilities and technology to the marine markets that have made aviation safer and more efficient."
C-Map has significant operations in Italy, the United Kingdom, Norway, Poland, Russia, Ukraine, Australia and the USA.
The companies are not disclosing terms of the transaction, which will not impact Boeing's financial guidance.
For more information on C-Map, visit www.c-map.it. For more information on Jeppesen, visit www.jeppesen.com.
A unit of Boeing Commercial Airplanes, Commercial Aviation Services is a highly customer-focused organization. Through technical customer support, material management, maintenance services, fleet enhancements and flight operations, the organization provides products, services and integrated solutions to 900 airlines and 150 Maintenance, Repair and Overhaul facilities worldwide.
For more than 70 years Jeppesen has made it possible for pilots and their passengers to safely and efficiently reach their destinations. Today this pioneering spirit continues as Jeppesen delivers information and technology- based information management toolsets essential to navigation and efficient operations management to air, sea and rail operators around the globe. Jeppesen is a subsidiary of Boeing Commercial Aviation Services, a unit of Boeing Commercial Airplanes.
Source: Boeing Co.
CONTACT: Tom Brabant, Communications, of Boeing Commercial Aviation Services, +1-206-766-2925, or mobile, +1-425-876-0287, or Thomas.h.brabant@boeing.com;
or Mike Pound, Manager, Communications, of Jeppesen Sanderson, Inc., +1-303-328-4777, or mobile, +1-720-277-8562, or michael.pound@jeppesen.com;
or Europe, Samantha Solomon of Boeing Commercial Airplanes Communications, +44 208 235 5665, or mobile, +44 7920 532 437, or Samantha.Solomon@boeing.com
Web site: http://www.boeing.com/
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