Honeywell Advanced Avionics Technology to Provide JEJU AIR With Operational Efficiencies

Honeywell's communications and navigation sensors, collision avoidance and 3-D weather radar will increase efficiency and safety for the South Korean airline

News provided by

Honeywell

Feb 15, 2012, 08:00 ET

SINGAPORE, Feb. 15, 2012 /PRNewswire/ -- JEJU AIR, the fastest-growing low-cost carrier (LCC) in South Korea, has selected Honeywell (NYSE: HON) Aerospace to provide a full suite of avionics for its new fleet of Boeing 737-800 NG passenger aircraft. This multimillion-dollar contract covers six aircraft that are expected to be delivered between 2013 and 2017. JEJU AIR will be the first LCC in North Asia to fly Boeing 737 NG aircraft with Honeywell's full avionics suite.

(Logo: http://photos.prnewswire.com/prnh/20080425/LAF040LOGO)

"South Korea is an important growth market, and extending into the LCC space through our partnership with JEJU AIR presents many opportunities," said Pak Chin, Honeywell Aerospace vice president of airlines, Asia Pacific. "Honeywell's full avionics suite will maximize aircraft performance, decrease operating and maintenance costs, and increase pilot and crew efficiency, providing JEJU AIR with a safe and smart way to lower total cost of ownership."

The Honeywell avionics solutions selected by JEJU AIR will provide critical real-time information to the pilots to help keep aircraft on course, clear of terrain and optimize navigation and routing for better fuel efficiency. This includes:

Honeywell's IntuVue 3-D, an advanced system that provides pilots with a more complete picture of weather conditions, has demonstrated a 50 percent reduction in turbulence-related incidents, enhancing safety and keeping passengers comfortable. IntuVue increases system reliability, can save JEJU AIR up to 30 percent in maintenance costs and is 25 percent lighter compared with competing radars.

Honeywell's patented next-generation ACAS II provides a display of surrounding aircraft and alerts the flight crew if another aircraft comes too close for safety. Solid state data and voice recorders record flight data parameters and cockpit voice conversation for analysis.

Based in Phoenix, Arizona, Honeywell's aerospace business is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations.

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; automotive products; turbochargers; and specialty 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.

Honeywell and the Honeywell logo are the exclusive properties of Honeywell, are registered with the U.S. Patent and Trademark Office, and may be registered or pending registration in other countries. All other Honeywell product names, technology names, trademarks, service marks, and logos may be registered or pending registration in the U.S. or in other countries. All other trademarks or registered trademarks are the property of their respective owners. Copyright 2012 Honeywell.

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.

SOURCE Honeywell