U.S. markets open in 4 hours 51 minutes
  • S&P Futures

    4,596.50
    -58.25 (-1.25%)
     
  • Dow Futures

    35,495.00
    -301.00 (-0.84%)
     
  • Nasdaq Futures

    15,295.25
    -300.50 (-1.93%)
     
  • Russell 2000 Futures

    2,130.40
    -27.30 (-1.27%)
     
  • Crude Oil

    85.15
    +1.33 (+1.59%)
     
  • Gold

    1,811.30
    -5.20 (-0.29%)
     
  • Silver

    22.91
    -0.01 (-0.06%)
     
  • EUR/USD

    1.1397
    -0.0013 (-0.11%)
     
  • 10-Yr Bond

    1.7720
    0.0000 (0.00%)
     
  • Vix

    22.06
    +1.75 (+8.62%)
     
  • GBP/USD

    1.3630
    -0.0016 (-0.12%)
     
  • USD/JPY

    114.6010
    +0.0210 (+0.02%)
     
  • BTC-USD

    41,861.08
    -953.05 (-2.23%)
     
  • CMC Crypto 200

    1,001.63
    -24.10 (-2.35%)
     
  • FTSE 100

    7,536.98
    -74.25 (-0.98%)
     
  • Nikkei 225

    28,257.25
    -76.27 (-0.27%)
     

Copa Airlines Selects Honeywell's Fuel Tank Safety Technology For Boeing 737 Fleet

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Copa Holdings SA (NYSE: CPA) subsidiary Copa Airlines has selected Honeywell International Inc (NASDAQ: HON) to provide the Air Separation Module (ASM) kit for its fleet of Boeing Co (NYSE: BA) 737 aircraft. The financial terms of the contract were not disclosed.

  • Copa is the first airline to operate Honeywell's version of the safety system that has a seven-year warranty.

  • Honeywell's ASM can be installed roughly six to eight hours faster than the current product from the original equipment manufacturer. This shortened installation time contributes to lower maintenance costs.

  • Additionally, Honeywell's ASM has increased durability over other options currently installed in 737 aircraft and is designed to integrate with its Nitrogen Generation System, which has been line-fit on every 737 built after 2008.

  • It is supplied as a kit and contains a new Honeywell ASM, complete with all needed blankets and brackets, ozone destruct filter and instructions for installation.

  • Price Action: HON shares closed lower by 0.63% at $228.23, and CPA shares closed up 0.03% at $75.65 on Monday.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.