Restructured Honeywell is ready for European growth | Aviation International News

Restructured Honeywell is ready for European growth

Europe continues to be a happy hunting ground for companies selling business aviation, with more grounds for optimism very evident in the latest Business A

By Charles Alcock • Managing Editor

November 29, 2006

Europe continues to be a happy hunting ground for companies selling business aviation, with more grounds for optimism very evident in the latest Business Aviation Outlook research released by Honeywell Aerospace last November. Over the next five years, more than one in four European operators plans to purchase new business jets–a marked increase on the findings from the 2004 and 2003 surveys. And, perhaps more importantly, a higher proportion of these new aircraft (more than a quarter) are intended as additions to the fleet, rather than simply replacements.

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