General Electric and Honeywell International formally terminated their merger agreement, four months after European regulators rejected the proposed $45 billion deal. The new agreement, which releases both companies from all merger-related legal actions, ends the threat of Honeywell suing GE for allegedly violating the merger agreement by not pushing regulators hard enough.
Owners of Garmin GTX 330 and 330D transponders, which the FAA said are installed in about 1,300 airplanes, must upgrade the equiptment with new software (version 3.03 or later). The upgrade is to correct a problem with the transponder, which can in certain instances issue inaccurate replies to aircraft equipped with traffic-alerting devices. Garmin said it will reimburse GTX 330/330D owners the cost of one hour of labor to perform the update.
Bombardier is bringing Rockwell Collins’ new Pro Line Fusion cockpit to the Global Express XRS and 5000 as long-overdue replacements for the airplanes’ Honeywell Primus 2000XP avionics.
For those who gaze into crystal balls and analyze the business jet market, there are heady days in store, according to recent industry prognostications. Honeywell Aerospace’s 21st annual business aviation market forecast predicts the industry can expect short-term record growth and delivery of more than 14,000 new business jets by 2017–numbers that reflect even more optimism than those the company released last year.
Rockwell Collins and Duncan Aviation are collaborating on another Duncan glass box avionics modification program, upgrading the Rockwell Collins Pro Line 4 system in the Falcon 2000 and 50EX to the Pro Line 21 system. The upgrade replaces the original Pro Line 4 7.25-inch CRT screens with 8- by 10-inch Pro Line 21 LCDs that can display features like JeppView maps and charts, XM weather and enhanced vision.
Two weeks ago Honeywell opened a $35 million advanced aerospace systems integration laboratory designed to make next-generation aircraft, including medium and large business jets, more efficient. The unique 100,000-sq-ft facility is located in Mexicali, Mexico, and initially will employ 300 people, said Bob Smith, Honeywell vice president for advanced technology.
Rockwell Collins is adding several new features to its Airshow 4000 moving-map display and flight-information system. The additions will offer passengers an upgraded system with refreshed graphical user interface that provides more details on existing maps, as well as new features such as a world clock page and a flight deck instrument panel page.
Universal Avionics Systems Corp. of Tucson, Ariz., announced that Charles Edmondson, one of the founders of the company along with the late Hubert Naimer, has retired. The two men founded the company in Torrance, Calif., in 1980. As executive vice president, Edmondson had responsibility for Universal Avionics’ worldwide operations. More recently, he served as senior corporate vice president and as a member of the board of directors.
Honeywell Aerospace’s 21st annual business aviation market forecast released yesterday predicts short-term record growth and deliveries of more than 14,000 new business jets (not including very light jets) between now and 2017.
Talk about a market in a climb. Honeywell Aerospace’s 21st annual business aviation market forecast predicts the industry can expect short-term record growth and deliveries of more than 14,000 new business jets between now and 2017. This year’s record sales figures are expected to be even stronger next year.