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HONEYWELL AND FLEXJET FINALIZE SETTLEMENT, RENEW LONG-TERM CONTRACT THROUGH 2035
Prnewswire· 2026-01-21 21:15
Core Viewpoint - Honeywell and Flexjet have reached a comprehensive agreement to resolve their pending litigation and are looking forward to rebuilding their commercial partnership [1][2]. Group 1: Agreement Details - The agreement resolves all pending claims between Honeywell and Flexjet, as well as related litigation involving StandardAero and Duncan Aviation [2]. - As part of the resolution, Honeywell and Flexjet have agreed to extend their aircraft engine maintenance agreement through 2035 [2]. Group 2: Company Overview - Honeywell is an integrated operating company serving a wide range of industries globally, focusing on providing solutions and innovations in aerospace, building automation, industrial automation, process automation, and process technology [3].