Reuters
Honeywell Aerospace posted higher third-quarter sales and profit in its first quarter as a stand-alone company, but parts shortages constrained production; Textron Aviation also cited engine and metallic-parts shortages. Airbus remained comfortable with its 2026 delivery target of about 870 aircraft, while MTU’s nine-month operating profit topped €1 billion on commercial MRO growth.
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Honeywell Aerospace posted higher third-quarter sales and profit in its first quarter as a stand-alone company, but parts shortages constrained production; Textron Aviation also cited engine and metallic-parts shortages. Airbus remained comfortable with its 2026 delivery target of about 870 aircraft, while MTU’s nine-month operating profit topped €1 billion on commercial MRO growth.
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Honeywell Aerospace raised the lower end of its free cash flow forecast for the second half of 2026 after reporting third-quarter profit and revenue above estimates. The company cited a longer backlog and improvement among some struggling suppliers, signaling better visibility on demand and supply-chain conditions.
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Honeywell says its JetWave X connectivity upgrade will be available for business jets from Bombardier, Dassault, Gulfstream and other manufacturers. Separately, the company forecasts nearly 10,000 new business jet deliveries through 2035, citing fleet growth and increased aircraft utilization.
Wheels Up has signed a maintenance plan with Honeywell that includes access to Honeywell’s Ensemble. The announcement links the operator’s Challenger aircraft to Honeywell’s maintenance offering, though the available details do not specify the plan’s scope, duration or financial terms.
Honeywell has increased its 10-year business-jet delivery forecast by 4.4% from last year’s outlook, citing growth already underway and strong economics alongside a technology boom. The revised projection points to a more favorable outlook for manufacturers and suppliers serving the private aviation market.
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Honeywell Aerospace expects 9,950 new business jet deliveries worldwide from 2026 through 2035, up 4.4% from its forecast last year. The company attributes the increase to fleet growth and higher aircraft utilization, while industry attention at NBAA-BACE also turns to business aircraft programs in development.
Shield AI said its Hivemind software helped Honeywell Aerospace achieve autonomous flight in six weeks, compared with 54 weeks previously. The companies’ reported result highlights a sharply shorter development timeline for autonomous-flight capability, though the article provides no further details on the aircraft or test conditions.
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