Business Jets

Honeywell Reports Full-Year Sales Up 13% to $36.5 Billion; Proforma Earnings Up 35% To $4.05 Per Share; And Reported Earnings Per Share Of $2.61

Honeywell announced fourth quarter and full-year 2011 results as follows: • 4Q11 sales were up 8% to $9.5 billion versus $8.7 billion in 4Q10 – 7% organic growth reflects continued strength in most end markets and the contribution of new product launches and geographic expansion • 4Q11 proforma earnings (excluding the impact of pension [...]

Posted on Friday, January 27, 2012

Honeywell Names Briand Greer President of Honeywell Aerospace Asia Pacific

Honeywell has named Briand Greer President of Aerospace Asia Pacific. Greer is based in Shanghai and will report to Tim Mahoney, President and CEO of Honeywell Aerospace. Greer succeeds Mark Howes, who will be returning to Phoenix, Arizona, to continue a role within the Aerospace Leadership Team. As president of Honeywell Aerospace in Asia Pacific, [...]

Posted on Monday, December 5, 2011

Honeywell Chief Engineer Receives U.S. Medal of Technology and Innovation

Don Bateman, chief engineer and corporate fellow at Honeywell, is one of five inventors to receive this year’s National Medal of Technology from U.S. President Barack Obama. The recognition is the highest honor bestowed by the U.S. government on scientists, engineers, and inventors. Bateman is being honored as a laureate for developing and championing critical [...]

Posted on Tuesday, November 1, 2011

Honeywell Forecasts Sales and Delivery of Approximately 10,000 New Business Jet Deliveries Worth $230 Billion From 2011 Through 2021

- International Demand Continues To Drive Future Industry Growth – Near-Term Economic Factors Temper Volume of New Jet Orders Honeywell issued the 20th edition of its annual Business Aviation Outlook, forecasting sales and delivery of approximately $230 billion in new business jets from 2011 through 2021. This represents approximately a two percent increase in total [...]

Posted on Tuesday, October 25, 2011

Honeywell’s Third Quarter Sales Up 14% To $9.3 Billion And Earnings Up 45% To $1.10 Per Share

Honeywell announced: • 3Q11 sales were up 14% to $9.3 billion versus $8.1 billion in 3Q10 – 8% organic growth reflects continued strength in end markets • 3Q11 earnings of $1.10 per share, an increase of 45% over $0.76 in 3Q10 – Segment profit growth and margin expansion in all segments – [...]

Posted on Friday, October 21, 2011

Mark Howes, President of Honeywell Aerospace’s Asia-Pacific Region, Wins China Aerospace Laureate Award

(from left to right: Tian Min, Vice President and Chief Accountant of COMAC, and Mark Howes, President of Honeywell Aerospace’s Asia-Pacific region) Mark Howes, President of Honeywell Aerospace’s Asia-Pacific (APAC) region, won the “Leadership Excellence Award” at the China Aerospace Laureate Awards Ceremony held at Aviation Expo 2011 in Beijing. The awards are organized by the China Aviation [...]

Posted on Tuesday, September 27, 2011