SINGAPORE, Feb.14, 2012 /PRNewswire/ -- China Eastern Airlines has strengthened its strategic relationship with Honeywell (NYSE: HON), signing several agreements that will enhance the safety, efficiency and performance of its growing narrow-body fleet, while lowering overall cost of ownership. Honeywell will provide wheels and brakes for new and existing Boeing 737 NG aircraft, as well as an avionics package and 131-9 auxiliary power units (APUs) for 50 new Airbus A320 aircraft scheduled to be delivered over the next three years.
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"With passenger demand in China growing at a rapid pace, the need to maximize safety, capacity and efficiency of aircraft fleets represents a top priority for airlines including China Eastern," said Briand Greer, president of Honeywell Aerospace Asia Pacific. "These agreements ensure China Eastern is well-positioned to address growth in the marketplace with next-generation technology that offers flexibility, improves efficiencies and lowers overall operating costs."
As part of the contracts, Honeywell will provide China Eastern with customized aftermarket maintenance solutions for new and existing Boeing 737 NG and Airbus narrow-body aircraft. These tailored solutions will provide engineering expertise, maintenance and support resources that will help China Eastern simplify operations, while delivering greater operational flexibility and scalability.
China Eastern has also chosen Honeywell's proven aircraft landing systems for its fleet of Boeing 737NGs. With more than 1.5 million trouble-free aircraft landings each year, Honeywell Cerametalix brakes have proved to reduce operating costs, while providing improved performance and reliability over the life of the airplane. These industry-leading steel brakes also reduce the need for in-service removals, while maximizing part reuse, helping reduce maintenance requirements and repair costs.
China Eastern has selected Honeywell avionics for its fleet of Airbus A320s to enhance safety and reliability, while ensuring accurate and timely communications. Included in the agreement are:
- Traffic Alert and Collision Avoidance System (TCAS)
- Enhanced Ground Proximity Warning System (EGPWS)
- Flight Data Recorder (FDR) and Cockpit Voice Recorder (CVR)
- Airline Operational Communication (AOC) software
China Eastern will use Honeywell 131-9 APUs on its Airbus A320s. Honeywell's 131-9 averages more than 10,000 hours between unscheduled removals, a more than 60 percent improvement over other APUs in its class size.
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.
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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.
SOURCE Honeywell
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