Honeywell International (US), a leading industrial conglomerate, is evaluating strategic options for its aerospace business, including the possibility of a separation. This development comes approximately one month after Elliott Investment Management (US), a prominent activist investor, called for the breakup of the industrial giant to unlock shareholder value.
EPCOR (Netherlands) and Philippine Airlines (Philippines) have announced a strategic partnership for the maintenance of Auxiliary Power Units (APUs) for Philippine Airlines’ A320 fleet. This agreement specifically focuses on the APU131-9A, a critical component ensuring reliable onboard power and system functionality.
Bombardier has announced the resolution of its long-standing lawsuit against Honeywell International (US). Initially filed in 2016 in the Superior Court of Quebec, the dispute has now been settled through an agreement whose terms remain confidential.
Aeolus Engine Services, based in Ireland, has expanded its leasing portfolio by acquiring two GE90-94 engines and one GTCP331-500 auxiliary power unit (APU) from a Boeing 777-200ER. While the engines and APU will be retained for leasing purposes, the aircraft itself is slated to be sold in its current condition (“as-is”), marking a strategic move by Aeolus to focus on its…
