Jeppesen is holding its own in a difficult business market, according to Mark Van Tine, president of the Englewood, Colo.-based instrument chart-publishing company that is a subsidiary of Boeing. “We had $315 million in gross revenues last year and maintained a five-year run of double-digit growth. We also anticipate earnings will improve as we go [further into] electronic [charts], but much of those revenues will be channeled into future development.”
Jeppesen is a company in transition brought about by a rapidly changing technological environment. Remarkably, last year the company printed and distributed more than two billion of its instrument procedure charts. Even with the heavy demand for paper charts, Van Tine said, “it’s undeniable that we are moving into an electronic age.” To that end, about 400 of Jeppesen’s 1,700 employees are in the area of technology development, and another 80 are in advanced business development.
