Honeywell Aviaso Fuel Efficiency software selected by Etihad Airways

April 11, 2016

Airline to install post-flight analysis solution to help reduce fuel consumption

Honeywell Aviaso (NYSE: HON) has been selected by Etihad Airways to provide its ground based fuel efficiency software. The solution will provide the Abu Dhabi-based airline with post-flight analysis from a variety of its data sources to uncover opportunities for fuel savings and measure the effectiveness of fuel efficiency initiatives already in place. The software can also be used by the airline for EU emissions trading system reporting.

Implementation of the system has already begun, and Etihad Airways Partner airlines will also deploy the solution in 2016. In addition, Etihad Airways plans to implement more fuel efficiency initiatives based on the analysis performed by the software. The Honeywell Aviaso software will support the carrier in monitoring existing fuel efficiency initiatives as well as discovering new opportunities for fuel savings.

“Fuel management services are a critical part of the modern global aviation industry, and we are delighted to work closely with Etihad Airways to help deliver fuel efficiency savings,” said Jason Wissink, Sales Director, Honeywell Aviaso. “The flexibility of the Honeywell Aviaso fuel efficiency software to integrate with systems already in place at Etihad Airways will enable a fast deployment, and the ability to support future fleet growth.”

Richard Hill, Etihad Airways Chief Operations Officer, said: "Etihad Airways is committed to adopting best practices across the airline's business, including the latest technology to further develop our fuel efficient operations. We are delighted to work with Honeywell Aviaso to enhance our already robust flight operational management systems, which are vital for greater performance efficiencies across our fleet."

The fuel efficiency software from Honeywell Aviaso includes more than 100 ready-made analysis reports. These reports allow an airline to understand fuel consumption and to identify potential savings. The solution also helps to achieve savings by rigorously monitoring various fuel-saving initiatives for each flight and providing comprehensive reporting to ensure full compliance with the EU emissions trading system legislation.

As a sophisticated software tool, the Honeywell Aviaso fuel efficiency software helps airlines manage fuel efficiency programs, which can result in significant fuel savings. Existing software users have documented fuel savings of more than 2 per cent annually.

About Etihad Airways

Etihad Airways began operations in 2003, and in 2015 carried 17.4 million passengers. From its Abu Dhabi base, Etihad Airways flies to, or has announced plans to serve, 116 passenger and cargo destinations in the Middle East, Africa, Europe, Asia, Australia and the Americas. The airline has a fleet of 120 Airbus and Boeing aircraft, with 204 aircraft on firm order, including 71 Boeing 787s, 25 Boeing 777Xs, 62 Airbus A350s and 10 Airbus A380s.

Fuel Efficiency software selected by Etihad Airways

Etihad Airways holds equity investments in airberlin, Air Serbia, Air Seychelles, Alitalia, Jet Airways, Virgin Australia, and Swiss-based Darwin Airline, trading as Etihad Regional. Etihad Airways, along with airberlin, Air Serbia, Air Seychelles, Alitalia, Etihad Regional, Jet Airways and NIKI, also participate in Etihad Airways Partners, a new brand that brings together partner airlines to offer customers more choice through improved networks and schedules and enhanced frequent flyer benefits. For more information, please visit: www.etihad.com

About Honeywell

Honeywell (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; turbochargers; and performance materials. 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 economic and industry 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. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.