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“If Boeing decides to move forward on the NMA .. we feel like we have got some very competitive offerings that we could provide on a platform,” Lewis said. “But it would have to be done in a way where it’s a good project for Honeywell and we are able to protect our intellectual property, and still be able to have a good economic revenue and income stream come from that.”. Boeing’s proposed jet will serve a niche market falling between narrow- and wide-body aircraft and is expected to reshape competition with arch-rival Airbus SE, which dominates the top end of the medium-haul sector.
Honeywell supplies parts such as auxiliary power units, cockpit avionics and flight management systems as well as aircraft wheels and brakes for a custom cufflinks nyc range of aircraft, Lewis also said Honeywell remained interested in China’s C919 passenger jet program, manufactured by Commercial Aircraft Corp of China Ltd (COMAC), as the company was already supplying parts to the upcoming narrowbody jet, The C919, which will compete directly with Boeing’s 737 and Airbus’ A320 aircraft, was reportedly having problems with its flight deck design, raising concerns that the new jet would miss its target of entry into service by 2021..
(Reuters) - Honeywell International Inc on Thursday said it expects the production rate and deliveries of Boeing Co’s 737 MAX jets to resume in the second half of this year. The 737 MAX was grounded worldwide in March following two fatal crashes, forcing Boeing to freeze deliveries. The impact of the groundings and production rate cuts for the 737 MAX by Boeing is negligible for Honeywell in the second quarter, Chief Executive Officer Darius Adamczyk said on a conference call with analysts.
(Reuters) - McDonald’s Corp said it would remove costlier, premium burgers from its menus in favor of its more popular Quarter Pounders, shifting its focus to simpler and quickly-served burgers, The burger chain added the Signature Crafted burgers to its menu two years ago to keep up with competition from Wendy’s and Shake Shack, which serve more premium burgers using fresh ingredients, But putting together the burgers took time, slowing down service lines at drive-thrus and at custom cufflinks nyc stores..
These premium beef, grilled or crispy chicken burgers came with condiments like pico guacamole, sweet BBQ bacon or maple bacon dijon, compared with the Quarter Pounders, which are beef patties served with ketchup, pickles and onions. The company said its new deluxe and bacon Quarter Pounders received good feedback and it would continue to focus on such items. “It (the removal) probably has more to do about the process of cooking the burger in McDonald’s than it does what the consumer is saying about the food,” said Howard Penney, a managing director at Hedgeye Risk Management.
Big franchisees also did not buy into the idea of McDonald’s pricier burgers initially, mindful of the cooking time required for these made-to-order burgers, “It makes it easier for the people running the stores and operating the stores ., simple is good,” Penney said, The move is seen as a positive, coming at a time when quick service restaurants are moving away from customization and focusing more on transparency custom cufflinks nyc in the ingredients used, This is the second time McDonald’s has tweaked its menu this month, after trimming down its late-night menu to keep only eights items..
(Reuters) - Oilfield services provider Schlumberger NV on Thursday forecast rising international and offshore exploration spending this year, after posting a 20 percent drop in first-quarter profit due to weak North American demand. The oilfield services sector bellwether said it expects a 7 to 8 percent increase in investments by oil producers in markets outside North America, citing a 20 percent increase last quarter in offshore rig counts and growing exploration activity in Latin America, Africa and Asia.
“We still see a fairly decent runway for increased international investments,” Chief Executive Officer Paal Kibsgaard said, citing higher new project approvals and a renewed interest in exploration outside North America, Second-quarter earnings per share will be 35 cents, in line with the Wall Street consensus estimate, said Kibsgaard, He cautioned seasonal factors would preclude the potential for exceeding that custom cufflinks nyc figure, Shares rose 1.8 percent to $48.27 in early trading, adding to the nearly 31 percent increase this year through Wednesday..