NEW DELHI, September 30, 2010: Air Works India Engineering Pvt. Ltd, India’s leading provider of aviation engineering services, yesterday inaugurated a forward stocking location for Honeywell. The forward stocking location based at the Bangalore International Airport was inaugurated by Robert A Wilson, President Business and General Aviation, Honeywell.

Honeywell will be supplying Air Works with a variety of products for Gulfstream and Dassault aircraft including, but not limited to:

• Fuel Pumps
• Full Authority Digital Electronic Controls
•  Digital Electronic Engine Control
•  Display Units
•  Navigation and Guidance Units
• Enhanced Grounded Proximity Warning Units
•  Various modules for our integrated avionics systems

As an authorized Honeywell Service Center, Air Works will have the capability to support Falcon 2000, Falcon 900 and Falcon F7X aircraft as well as Gulfstream GIV, GV, G450, and G550 aircraft.

The forward stocking location is a fully stocked operation with an initial investment of USD 10 million of inventory, which will allow Honeywell to ship parts within 24 hours of order receipt.

Commenting on the occasion, Robert A Wilson, President Business and General Aviation, Honeywell said, “Our continuing partnership with Air Works, a leading provider of aviation services in the region, reflects our commitment to provide support for our customers in this growing area of the world to continuously improve customer satisfaction, asset availability and support regional operators and OEMs.”

Located in the BIAL complex, Air Works has a state of the art 25,000 sq ft of shelving area, apart from small engine and APU storage facility. The facility provides customs, airline and cargo all in one unit to enable distribution of parts to customers within a fast turnaround time. Air Works deals in both mechanical parts as well as avionics, which is estimated to be a USD 20 million market annually and is expected to grow significantly with the expanding fleet size of business aircraft in India.

Speaking on the occasion, Mr. Vivek N Gour, CEO Air Works India Engineering Pvt Ltd said; “We are extremely proud to extend our association with Honeywell and become the first of its kind forward stocking location at Bangalore International Airport Limited (BIAL), India. This enhances our service spectrum for the aviation market in India and helps provide customers in the Indian subcontinent a reduced turnaround time in procurement of parts for their aircraft.”

About Air Works

Established in 1951, Air Works (www.airworks.in) is the leading provider of aviation services qualified to maintain over 50 aircraft types, for over 100 customers across 12 maintenance locations. Air Works is India’s only EASA certified MRO with approvals for ATR42/72, Airbus A320, and Boeing B737.  With a strong network of OEM relationships, Air Works is an Authorized Service Centre for Rockwell Collins, Gulfstream, Bombardier, Honeywell, Agusta Westland, Bell Helicopter, and Superjet International. Through its Air Livery subsidiary, Air Works is one of the world’s largest providers of aircraft paint services. Also, ‘SA Air Works India’ Air Works joint venture with Scandinavian Avionics, Denmark, provides complete turnkey avionics solutions to both commercial and military customers in India

About Honeywell

Based in Phoenix, Arizona, Honeywell’s aerospace business is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations. Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges.