Honeywell profit jumps on strong demand in aerospace unit By Reuters


© Reuters. FILE PHOTO: A Honeywell logo is pictured on their booth at the European Business Aviation Convention and Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS / Denis Balibouse

(Reuters) – Honeywell International Inc (NASDAQ 🙂 on Friday reported a 66% increase in quarterly profits on Friday as increased commercial and business air traffic boosted demand for the products and services of the US aircraft parts maker .

Net income attributable to the U.S. industrial conglomerate reached $ 1.26 billion, or $ 1.80 per share, in the third quarter ended Sept. 30, from $ 758 million, or $ 1.07 per share, a year more early.

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