Industry Addendum
Honeywell seals deals with Eastar and Lion Air Group
March 1st 2018
Last month, U.S. headquartered aerospace conglomerate, Honeywell, signed its largest Asia-Pacific contract to supply auxiliary power units, in fleet terms, with Indonesia’s Lion Air Group. Read More » It also extended its contract to supply and service its wheels and brakes for Eastar Jet in South Korea.
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The Lion Air Group agreement will cover 620 aircraft, run for 17 years and include aftermarket services. The group’s subsidiaries include Thai Lion Mentari, Malindo Airways, PT Batik Airways and PT Batam Aero Technic.
In the same week, at the Singapore Airshow, Honeywell and budget carrier, Eastar Jet, extended a contract to supply wheels and brakes to the 27 aircraft South Korean low-cost carrier for another five years.
The extended agreement will include exchange, repair and overhaul services for the 11-year old domestic and regional carrier, which is based at Gimpo International airport in Seoul.
