MORRISTOWN (dpa-AFX) - Honeywell International Inc. (HON) on Monday announced that its portfolio of avionics technologies and mechanical systems has been selected by Colombia-based Avianca to use in its new Airbus A320neo fleet.
Additionally, the company will provide 131-9A auxiliary power units for Avianca's 138 new aircraft.
The collaboration is estimated to improve Avianca's operational efficiencies and maximize situational awareness for its pilots.
Currently, Honeywell's stock is trading at $226.20, down 0.08 percent on the Nasdaq.
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