Honeywell signs 15-year maintenance and support agreement with Emirates

Honeywell (NYSE: HON) has signed a 15-year Component Service Solutions agreement with Dubai-based Emirates to maintain aftermarket components on the airline´s fleet of Airbus A380 and Boeing 777 aircraft, the company said.

The technology used in this agreement extends through 2031 and covers comprehensive component repairs and support solutions for Emirates´ fleet, thus reducing grounded aircraft time.

Honeywell´s strengths in the areas of component exchange and repairs will help Emirates benefit from a strong level of support and expertise, thereby reducing disruptions to operations due to component repairs. Honeywell´s services are designed to reduce maintenance costs, lower cost of ownership and provide the highest possible fleet reliability. Aircraft components manufactured, supported and repaired by Honeywell include avionics and mechanical parts.

Honeywell Aerospace products and services are found on virtually every commercial, defense and space aircraft, and its turbochargers are used by nearly every automaker and truck manufacturer around the world. The Aerospace business unit develops innovative solutions for more fuel-efficient automobiles and airplanes, more direct and on-time flights, safer flying and runway traffic, along with aircraft engines, cockpit and cabin electronics, wireless connectivity services, logistics, and more. The business delivers safer, faster, and more efficient and comfortable transportation-related experiences worldwide.