Honeywell APU Provides Air China With Lower Cost of Ownership

The maintenance agreement covers 89 Boeing Next-Generation 737s, which use Honeywell's 131-9B APU, and a total of 52 A320s, which use Honeywell's 131-9A.


PHOENIX, Sept. 16 /PRNewswire-FirstCall/ -- Honeywell (NYSE: HON) announced today that it will provide its 131-9A Auxiliary Power Units (APUs) for Air China's new A320 aircraft deliveries and will also administer an exclusive supply agreement for APUs on 141 Airbus and Boeing aircraft, at a total contract value of $64 million.

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"Honeywell's APU has a simple design that delivers high reliability and lower on-aircraft maintenance costs - up to 36 percent less than other APUs," said Mike Madsen, Vice President, Airlines, Honeywell Aerospace. "Air China will also benefit from an exclusive supply agreement that lowers inventory costs."

Honeywell's 131-9A is the most popular APU for single-aisle commercial transport, with more than 1,700 APUs in the field, including both forward-fit and retrofit applications. An APU is a small gas-powered turbine engine that provides bleed air for main engine starting and electrical power for cockpit and galley systems.

The Honeywell 131-9A has had many technology improvements since its introduction in 1998, including a 5 percent fuel consumption savings due to a de-rate modification.

Air China's 25 A320 deliveries begin this year. The maintenance agreement covers 89 Boeing Next-Generation 737s, which use Honeywell's 131-9B APU, and a total of 52 A320s, which use Honeywell's 131-9A.

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 International (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.

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 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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