In a statement the US Federal Aviation Administration (FAA) said, it had “shifted course on its approach to approving pilots of future electric vertical takeoff and landing aircraft (eVTOL)”, but does not expect delays in certification or operational approvals. eVTOL… Read More ›
Honeywell International Inc has raised its outlook for business jet deliveries, underscoring the aviation sector’s recovery from the COVID-19 pandemic. The travel industry is gradually recovering following easing of travel restrictions. U.S. based Honeywell International has forecast up to 7,400 new… Read More ›
In a statement, U.S. auto parts maker Garrett Motion Inc said, it has filed for Chapter 11 bankruptcy protection, as its struggles with its heavy debt due to a payment settlement dispute with its former parent Honeywell International Inc. In… Read More ›
The contract is for providing support and components for a range of auxiliary power units for 7 kinds of aircraft. As per a statement by the Pentagon, Honeywell International Inc has won a $1.04 billion contract for support of auxiliary… Read More ›
On the wings of strong sales from its businesses which makes a host of products ranging from supply chain and warehouse automation equipment to aircraft engines and catalysts for petroleum refining, Honeywell International Inc reported a better-than-expected second quarter profits… Read More ›
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