Plus   Neg

Honeywell Inks Five-year Deal With Sichuan Airlines On Auxiliary Power Units - Quick Facts

Honeywell International Inc. (HON) said Wednesday that China-based Sichuan Airlines has selected the company's 131-9A auxiliary power units or APUs for its A320 fleet of aircraft.

Under a five-year agreement, Honeywell will provide the 131-9A APU for Sichuan Airline's 93 new A320 aircraft that will enter service by 2025.

In addition, Sichuan Airlines will replace the APUs on its 141 existing A320 aircraft with the same Honeywell APU. Honeywell noted that this is the largest APU retrofit deal in the company's history.

The 131-9A APU will help Sichuan Airlines reduce flight delays and cancellations, creating a more pleasant flying experience for passengers.

An APU is a critical piece of aircraft equipment that provides electrical power and air conditioning while the plane is on the ground. It helps ensure passenger comfort and supplies the air source before a pilot is ready to start the main engines.

Honeywell noted that it has shipped more than 15,000 131-9A APUs since introducing this model in 1995.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The United Kingdom's Competition and Markets Authority (CMA) has launched an investigation into technology giant Apple Inc. (AAPL) following complaints that its terms and conditions for app developers are unfair and anti-competitive. iPhone maker Apple also operates the App Store, which is the only... Supermarket chain Kroger Co. on Thursday reported that it posted a loss for the fourth quarter compared to a profit last year, hurt by pension plan withdrawal liabilities. Adjusted earnings per share topped analysts' estimates, while quarterly revenues missed it. However, the company initiated adjusted earning guidance for the full-year 2021, well above analysts' estimates. Retail sales are projected to grow at a potentially record rate during 2021, but the ongoing COVID-19 pandemic remains the biggest challenge for the year, according to the National Retail Federation. "There is no doubt the economy is positioned for growth in 2021, but how much growth comes down to a single non-economic force - the coronavirus," NRF Chief Economist Jack Kleinhenz said.
Follow RTT