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Honeywell and Flexjet settled their dispute, extending their maintenance contract to 2035 and ending all related legal claims.
Honeywell and Flexjet have settled their legal dispute over a breached engine-maintenance agreement, extending their aircraft maintenance contract through 2035.
The resolution ends all claims between the companies, including related litigation involving StandardAero and Duncan Aviation.
Honeywell will record a $470 million charge in its fourth-quarter 2025 results, impacting sales and operating income, but no other financial terms were disclosed.
Both companies confirmed the matter is closed and plan to strengthen their business relationship.
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Honeywell y Flexjet resolvieron su disputa, extendiendo su contrato de mantenimiento a 2035 y poniendo fin a todos los reclamos legales relacionados.