Honeywell: air transport market bottom in sight
The bottom of the air transport crash is in sight, according to Honeywell Aerospace.

The bottom of the air transport crash is in sight, according to Honeywell Aerospace. John Bolton, president of the group’s Air Transport & Regional division, told AIN that the dip in airline flight hours seems to be slowing.

“We had projected a three- to five-percent decline this year, but in the U.S., where there has been the greatest decline, we now see it stabilizing at roughly three percent from the latest April figures,” he explained. “Much of this is from narrowbody activity, and premium traffic is still an issue [that is, in decline].”