Honeywell suspected for Boeing 787 fire on Friday

A component made by Honeywell supplier of Boeing for the production of 787 models aircraft, is coming under scrutiny in an investigation into the fire at Heathrow airport last Friday. The Ethiopian Airlines Dreamliner was reported from Heathrow empployee of sparks inside of the plane on Friday last week. Some analysts quickly remembered the incidents with Boeing overheating electrical system which hurt the US-based company earlier this year.

The fire on the Ethiopian Airlines Dreamliner sparked while the aircraft was empty and parked at Londons Heathrow. No conclusions have yet been reached by the UK Air Accidents Investigation Branch on the cause of the fire on Boeing’s newest and most sophisticated passenger jet which recorded strong sales recent months.

Honeywell’s emergency locator transmitter – fitted to many aircraft, including the Dreamliner, enabling them to be found if they get into difficulties – is being examined by air accident investigators looking into the fire on the Ethiopian Airlines Dreamliner.

The AAIB said cited by Financial Times: “We can confirm that Honeywell have been invited to join the investigation. “The emergency locator transmitter is one several components being looked at in detail as part of the investigation and it would be premature to speculate on the causes of the incident at this stage.”

Honeywell also confirmed to be part of investigation adding that their products have been certified by FAA (Federal Aviation Administration) since 2005, and are being used on a number of aircraft models with no incident history.

Boeing’s shares advanced 3.7% at $105.66 on Monday, despite speculations that electrical problem is the reason for the fire. Investors digested the AAIB’s statement about no “direct causal relationship” between the heat damage to the Ethiopian Airlines jet and its batteries. However, the shares of Boeing sank 4.7% on Friday after news of the fire.