Honeywell has named Jim Currier as President and Chief Executive Officer of Honeywell Aerospace. The business will become an independent, publicly traded company after a planned spin-off expected in the second half of 2026. This marks a major step in Honeywell’s long-term growth plan. At the same time, Honeywell announced Craig Arnold as Chairman of […]
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Honeywell and ITP Aero have officially opened Europe’s first maintenance, repair, and overhaul service centre for the Honeywell F124-GA-200 engine. The landmark facility is located at ITP Aero’s site in Ajalvir, Madrid. The launch was marked with a ribbon-cutting ceremony attended by senior executives from both companies. The new centre represents a major step in
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Honeywell has announced the expansion of its aftermarket support for Philippine Airlines (PAL), providing multi-year repair and overhaul services for the airline’s auxiliary power units (APUs). The agreement covers Honeywell-made 331-350 APUs used on Airbus A330 aircraft and 331-500 APUs on Boeing 777 aircraft. This expanded collaboration builds on an existing arrangement that already supports
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FL Technics has been appointed as an official channel partner for Honeywell Aerospace Technologies within the business and general aviation sector. The agreement enables FL Technics to supply Honeywell engines and auxiliary power units (APUs) as well as provide certified installation and support services directly from its MRO facilities under an original equipment manufacturer (OEM)-approved
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Honeywell and Vietjet Air have signed a five-year exclusive agreement for the maintenance of Honeywell’s 331-350 auxiliary power units (APUs) on the airline’s Airbus A330 fleet. Covering 30 wide-body aircraft, the deal expands the existing partnership between the two companies and underscores Honeywell’s role as a key aftermarket provider in the Asia-Pacific region. Announced during
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A recent survey by Honeywell has revealed that nearly all U.S. airline passengers (98%) would consider using electric vertical take-off and landing vehicles (eVTOL), commonly referred to as air taxis, as part of their travel journey. These advanced air mobility (AAM) aircraft, which are piloted and designed to offer a quicker and more convenient alternative
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Avianca, Colombia’s largest airline, has selected Honeywell to provide avionics technologies and mechanical systems for its new Airbus A320neo fleet. This decision is expected to improve operational efficiency and enhance pilot situational awareness, supporting Honeywell’s focus on the future of aviation. Furthermore, Honeywell will supply 131-9A auxiliary power units (APUs) for Avianca’s 138 new aircraft.
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Qatar Airways has secured a ground-breaking agreement with Honeywell, becoming the first MRO provider in the Middle East and Africa authorised to service the HGT1700 auxiliary power unit (APU) used in Airbus A350 aircraft. This milestone represents a significant step forward for Qatar Airways in the aviation maintenance sector. The HGT1700 APU, located in the
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Honeywell has agreed to acquire CAES Systems Holdings LLC (CAES) from private equity firm Advent International for approximately US$1.9 billion in an all-cash transaction. This represents approximately 14-times the estimated 2024 EBITDA on a tax-adjusted basis. This acquisition will enhance Honeywell’s defence technology solutions across land, sea, air, and space, including new electromagnetic defence solutions
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Honeywell, in collaboration with ITP Aero, an aerospace propulsion company, has unveiled intentions to establish a new authorised service centre for Honeywell’s F124-GA-200 aircraft engines. Situated in Madrid, the Ajalvir site of ITP Aero will operate as a licensed maintenance, repair and overhaul (MRO) facility for International Turbine Engine Company (ITEC), a joint venture between
