Honeywell Signs Exclusive Partnership with Lufthansa Technik for A350 MRO Support

• Airbus A350 operators to benefit from global, best-in-class engineering support for Honeywell components, enhancing aircraft availability and readiness.

DUBAI, Nov. 12, 2017 - Honeywell (NYSE: HON) has signed Lufthansa Technik as a licensed component repair center and exclusive global asset provider for all Honeywell components and the HGT 1700APU on Airbus A350 aircraft. Under the agreement, Lufthansa Technik will offer A350 operators around the world an unequaled experience with maintenance, repair and overhaul services for all Honeywell components, including auxiliary power units.

“We are delighted to extend our relationship with Honeywell with this new agreement, which provides a gateway to quicker and more reliable services for our customers,” said Robert Gaag, vice president, Corporate Sales EMEA, Lufthansa Technik. “Honeywell’s best-in-class design and engineering knowledge base combined with our continuous repair improvement philosophy and world-class asset management services provides us with everything we need to respond to a range of maintenance, repair and overhaul needs.”

Lufthansa Technik’s highly efficient asset availability solutions, combined with its broad range of in-house maintenance, repair and overhaul (MRO) capabilities, provide operators with a variety of services ranging from single component MRO to more integrated, flight-hour based “nose-to-tail” asset availability solutions. As Honeywell’s Aircraft on Ground (AOG) service provider, A350 operators can expect immediate, “one phone call” access to exchanges and rental assets via Lufthansa Technik’s global logistics footprint.

“The groundbreaking design of the Airbus A350 demands an equally impressive maintenance, repair and overhaul solution to ensure fleets remain operational and efficient,” said David Shilliday, vice president, Airlines, for the Europe, Middle East, Africa and India, Honeywell Aerospace. “With our continued support, Lufthansa Technik has a winning combination of technology and expertise to offer an unparalleled customer experience.”

Since the A350’s entry into service in late 2014, Lufthansa Technik has had two years of operational experience managing six in-service A350 fleets with more than 50 in-service aircraft. The new agreement extends Honeywell’s longstanding relationship with Lufthansa Technik as a Honeywell-licensed repair facility for mechanical, avionic components and hydro-mechanical units, and demonstrates its commitment to reduce aircraft downtime, providing faster turnaround and getting aircraft back in service.

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About Honeywell

Honeywell Aerospace products and services are found on virtually every commercial, defense and space aircraft, and its turbochargers are used by nearly every automaker and truck manufacturer around the world. The Aerospace business unit develops innovative solutions for more fuel-efficient automobiles and airplanes, more direct and on-time flights, safer flying and runway traffic, along with aircraft engines, cockpit and cabin electronics, wireless connectivity services, logistics, and more. The business delivers safer, faster, and more efficient and comfortable transportation-related experiences worldwide. For more information, visit www.honeywell.com or follow us at @Honeywell_Aero and @Honeywell_Turbo.