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China Eastern Airlines recently ordered 30 Airbus A320 aircraft which are due to be delivered over the next three years, Honeywell's Auxiliary Power Unit will provide them with air conditioning, main engine starting and electrical power.
In addition, Honeywell has secured a 10-year maintenance contract with China Eastern to service the APUs.
The agreement terms were not disclosed.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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