Home > Newsroom > Latest News
 

New Honeywell Survey Shows Passengers are Willing to Give Up Flight Conveniences for Wi-Fi

2014 Connectivity Survey 3x2

In its second wireless connectivity survey, Honeywell finds that in-flight Wi-Fi is becoming increasingly influential on a passenger’s buying and wireless usage behavior, including flight selections and, in some cases, paying more for specific flights.  The survey affirms that fliers today expect constant and speedy Wi-Fi when traveling.  The availability of Wi-Fi influences flight selection for 66% of passengers and nearly one in four have paid more for a flight with Wi-Fi.  Almost half of the respondents would be willing to give up another convenience to have Wi-Fi access as fast as it is at home, including enduring airport security twice.  

Watch the video to learn more about what passengers are willing to trade for good in-flight Wi-Fi.    

“You can pack your own meals, but you can’t pack your own Wi-Fi,” said Jack Jacobs, vice president, Marketing and Product Management, Honeywell Aerospace. “The commercial aviation industry has to pay attention to meet the demands of passengers, giving them the freedom to stay connected whenever and wherever they want. Honeywell’s survey affirms that consumers are accustomed to easy access to Wi-Fi, and they expect it to be fast and consistent like at home or work. Those expectations are expanding up into the sky.”

The research was conducted by Kelton among more than 1,000 adults in the United States who have used Wi-Fi on planes within the past 12 months. 

Read the press release.

 

Tags:,

Honeywell To Train Next-Gen Technicians At Largest Vietnam Refinery

Training_Simulator (3)

Honeywell Process Solutions will train technical personnel at Nghi Son Refinery and Petrochemical Limited Liability Company’s (NSRP) new 200,000 barrel-per-day complex being built in Thanh Hoa Province, Vietnam. Honeywell will be responsible for helping to prepare the workforce for the refinery’s 2017 start-up as well as the ongoing operational and business readiness of the facility.

Nghi Son Refinery will be the country’s second, and largest, refinery and will meet about 30 percent of Vietnam’s growing demand for refined petroleum products, such as motor fuel and petrochemicals. Vietnam is a net exporter of crude oil, producing more than 350,000 barrels per day of crude oil. But with limited refining capacity, the country currently imports more than half of its refined products to meet demand.

“This refinery will be an important part of Vietnam’s energy picture, enabling us to turn our own vast oil reserves into finished products,” said Kazutoshi Shimmura, general director of NSRP.

For more information, read the press release

Tags:,

Honeywell 2Q 2014 Sales Up 6% To $10.3 Billion; EPS Of $1.38 Per Share

Red Hwell Logo

Honeywell announced its results for the second quarter of 2014 with sales growth of 6 percent over previous year earnings.  Organic sales were up 3% due to strong execution across the portfolio and earnings per share (EPS) up 8 percent to $1.38.  The company announced that it is raising its low-end proforma EPS guidance to $5.45 – $5.55 from $5.40 – $5.55.  

“Honeywell had another terrific quarter and a very good first half of 2014,” said Honeywell Chairman and CEO Dave Cote. “Strong execution across our businesses and continued momentum across the portfolio helped us to deliver stronger than expected earnings. We saw 6% sales growth and margin expansion in every business as our key growth and productivity initiatives continue to make a difference. Our short-cycle businesses, particularly Energy, Safety and Security and Turbo Technologies, are benefiting from improving end markets, new product introductions, and geographic expansion, while our long-cycle businesses are growing robust backlogs supported by favorable macro trends and strong win rates. Our recently announced closing of the sale of Friction Materials was a significant step in our effort to align the Honeywell portfolio around Great Positions in Good Industries. We believe that our portfolio is well positioned for continued growth. As a result of our first half performance, we are raising the low-end of our 2014 proforma EPS guidance by $0.05 with the expectation of improved organic growth and continued margin expansion in the second half of the year.”

Read the press release

Tags:, ,

Honeywell Celebrates 10th Anniversary Of Inspiration At Honeywell Educators @ Space Academy

HESA 10

Honeywell Educators @ Space Academy (HESA) celebrated its 10th anniversary of helping math and science teachers inspire the next generation of scientists. With demand growing for STEM-related jobs and only 16 percent of high school seniors proficient in mathematics, the program – which includes two simulated Space Shuttle Missions – takes teachers beyond the classroom and encourages them to share their experiences with students.

“HESA inspired me and in turn touched my students in a unique way. Years later, I was thrilled when I learned that the young engineer at Kennedy Space Center speaking about his wonderful job was one of my former students,” said David Auerbach, HESA 2006 alumni and middle school teacher from Canaan, New Hampshire.

HESA has reached more than 2 million students since its launch in 2004, inspiring more than 2,000 teachers from 55 countries and 52 U.S. states and territories. To mark the program's decade-long run, 10 alumni were selected – one representing each year – to be the guests of honor at the 10-year celebration.

Visit the Honeywell Educators @ Space Academy Facebook page or watch this video to learn more.

Tags:,

Eighty Percent of Chinese Drivers Seek Improved Fuel Economy For Next Vehicle

Survey-Turbocharging Appeals to Chinese Drivers2

Results of an online survey conducted by Honeywell Turbo Technologies in China reveal only one-third of respondents are satisfied with their current vehicle’s fuel economy, and an overwhelming 80 percent seek fuel economy savings of at least 10 percent to be satisfied with their next vehicle purchase. Click to watch a video about the appeal of turbocharging to Chinese drivers.

“The Chinese market continues to grow more sophisticated as increasing demand for fuel economy is coupled with consumers’ appreciation for smaller cars with advanced technology,” said David Paja, Honeywell Transportation Systems’ vice president and general manager, China and India. “Honeywell is enabling this trend with the launch of more than 15 passenger vehicle turbocharger applications in the coming 15 months, for both domestic and global auto makers.”

Turbochargers enable a smaller engine to achieve the similar if not improved power outputs of larger naturally aspirated engines while being between 20 to 40 percent more fuel efficient in gasoline and diesel engines respectively. The smaller engine size also makes turbos a technology which can help auto makers meet stricter emissions standards.

Click here to read more results and survey methodology.

Tags:

Honeywell Completes Sale Of Its Friction Materials Business To Federal-Mogul

Red Hwell Logo

Honeywell has completed the sale of its Friction Materials (FM) business to Federal-Mogul in a cash transaction valued at approximately $155 million. The transaction does not include the Bendix® name or line of products or business in the United States.  In addition, joint ventures that operate in Australia, Thailand, and Malaysia will be retained as will Honeywell’s ownership of the non-operating sites in Condé, France and Guangzhou, China.

Honeywell will also realign its Transportation Systems business segment with its Aerospace business segment to better take advantage of the engineering and technology similarities and the shared business models between these two business segments. Under the realigned segment reporting structure, the company will have three business segments:  Aerospace, Automation and Control Solutions, and Performance Materials and Technologies.

“The sale of the Friction Materials business is a significant step in our effort to fully align the Honeywell portfolio around Great Positions in Good Industries,” said Honeywell Chairman and CEO Dave Cote. “Honeywell is a global technology leader and our Turbo business is one of our innovation crown jewels. Born out of our Aerospace business, the automotive turbocharger is a miniature jet engine. To leverage shared strengths and synergies, we will merge Transportation Systems, which includes our Turbo Technologies business, with Aerospace.  We expect the transition to be seamless with both businesses benefitting from expanded sharing of the technical expertise that enables them to offer differentiated products to customers in their respective markets.”

Read the full press release here.

Tags:,