Press release from PR Newswire
Honeywell Supports Air China's Growing Fleet With Customized Aftermarket Solutions
Wednesday, September 25, 2013
Honeywell Supports Air China's Growing Fleet With Customized Aftermarket Solutions09:00 EDT Wednesday, September 25, 2013
Honeywell to enhance safety and efficiency with repair and maintenance on the 331-350 APU
BEIJING, Sept. 25, 2013 /PRNewswire/ -- Honeywell Aerospace (NYSE: HON) has strengthened its strategic relationship with Air China, signing an agreement to provide services to Air China that will optimize the safety, efficiency and performance of its growing fleet of wide-body aircraft. Under this agreement, Honeywell will provide repair and maintenance on the 331-350 Auxiliary Power Unit (APU) for 53 new and existing Airbus A330 aircraft and six Airbus A340 aircraft.
"As China's flagship carrier, Air China continues to lead the way in fleet operational efficiency and safety," said Briand Greer, president, Asia Pacific, Honeywell Aerospace. "This agreement underscores the long-term relationship between Honeywell and Air China, and enables the airline to maintain high reliability and optimal efficiencies that ultimately lower the total cost of ownership."
As part of the agreement, Honeywell will provide Air China with customized service and maintenance solutions. The tailored aftermarket solutions, coupled with predictive trend monitoring and diagnostics (PTMD), will provide engineering expertise and support resources that will allow Air China to better manage and predict maintenance spending, while optimizing APU on-wing time and reducing downtime costs.
Honeywell's services will also expedite maintenance turnaround time (TAT), providing Air China with low cost of maintenance and ownership. With more than 12 million hours of service, the 331-350 APU is supported at Honeywell's authorized service centers located around the world. Honeywell's emphasis on high-quality, competitive turnaround time will optimize flight safety for both Air China and its passengers.
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Thousands of Honeywell Aerospace products and services are found on virtually every commercial, defense and space aircraft worldwide. The Aerospace business unit develops and integrates technologies that span air traffic modernization, flight and runway safety, engines, cockpit and cabin electronics, connectivity, logistics and more that deliver safe, efficient, productive and comfortable transportation-related experiences. For more information, visit http://aerospace.honeywell.com or follow us at @honeywell_aero on Twitter.
Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.
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This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.
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For further information: Robert Xu, Honeywell Aerospace, +86 21 2894 2012, firstname.lastname@example.org, Honeywell Aerospace Media Center; Carrie Fan, Honeywell Aerospace, +86 21 2894 4697, email@example.com