WICHITA - Textron Aviation reported a decline in business jet deliveries to 42 aircraft in the third quarter, down from 49 the previous quarter, though the division still posted a solid $179 million profit.

Revenue increased 10% year over year to $1.5 billion, supported by higher aircraft sales and aftermarket demand. The company also announced leadership changes, with Scott Donnelly set to step down as CEO in January and Bell division leader Lisa Atherton preparing to assume the role.

Source: Flight Global
Associated URL: https://www.flightglobal.com/airframers/textron-aviations-jet-deliveries-slip-to-42-in-third-quarter/165011.article
Author:  Jon Hemmerdinger 

CHARLOTTE, N.C. -- Honeywell has outlined a new business segment structure in preparation for the planned separation of its Aerospace Technologies and Solstice Advanced Materials businesses. The Solstice separation is scheduled for completion on October 30, 2025, while the Aerospace spin-off remains on track for the second half of 2026.

Beginning January 1, 2026, and reflected in its first-quarter 2026 results, Honeywell will report under four segments: Aerospace Technologies, Building Automation, Industrial Automation, and Process Automation and Technology.

The Aerospace Technologies segment will remain part of Honeywell until its planned separation in 2026. The business provides propulsion systems, avionics, auxiliary power units, and other systems used across commercial and defense aircraft platforms.

After the Aerospace spin-off, Honeywell will operate with three reportable business segments:

-- Building Automation (BA): Provides systems and services for fire prevention, controls, access, and security, supporting unified building management and sustainability initiatives.

-- Industrial Automation (IA): Focuses on sensor technologies, edge devices, and connectivity solutions for industrial automation.

-- Process Automation and Technology (PA&T): Offers automation and process technology solutions supporting industrial digitalization, energy transition, and emissions reduction.

Leadership of these segments will remain with current executives: Billal Hammoud (Building Automation), Peter Lau (Industrial Automation), Jim Masso (Process Automation), and Ken West (Process Technology). All will report to Honeywell Chairman and CEO Vimal Kapur following the Aerospace separation.

The updated structure represents the next phase of Honeywell’s portfolio realignment aimed at simplifying its operations and strengthening focus on automation and digital transformation.

Source: Forecast International
Associated URL: www.honeywell.com

HONG KONG - Airbus and the Cathay Group announced a joint investment of up to US$70 million to accelerate the development of sustainable aviation fuel (SAF) production in Asia at the IATA World Sustainability Symposium.

Under the terms of the partnership, the two companies will collaborate to identify, evaluate and invest in projects that support the scaling of SAF production towards 2030 and beyond. Projects will be assessed based on their commercial viability and technological maturity, along with their potential for long-term offtake.

The joint commitment also includes collaboration to advocate for government policies that support SAF adoption across Asia. Airbus says the region offers high potential in feedstock supply, production capacity, and a busy aviation market,

Airbus and Cathay have a long-standing partnership dating back to 1989, when the airline signed its first order for Airbus aircraft. Today, the Cathay Group operates 86 Airbus aircraft with over 70 more on order for future delivery.

Source: Airbus
Associated URL: https://www.airbus.com/en/newsroom/press-releases/2025-10-airbus-and-cathay-form-co-investment-partnership-for-scaling