{"id":364642,"date":"2020-07-25T10:51:35","date_gmt":"2020-07-25T05:21:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=364642"},"modified":"2020-07-25T11:27:05","modified_gmt":"2020-07-25T05:57:05","slug":"honeywell-profit-falls-30-as-coronavirus-hits-aerospace-sales","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/honeywell-profit-falls-30-as-coronavirus-hits-aerospace-sales\/","title":{"rendered":"Honeywell profit falls 30% as coronavirus hits aerospace sales"},"content":{"rendered":"<p>Diversified US manufacturer Honeywell International Inc on Friday reported a 30% slump in quarterly profit, hit by a sharp fall in demand for aircraft spare parts as airlines park or retire thousands of planes due to the Covid-19 pandemic. <\/p>\n<p>Net income attributable to Honeywell fell to $1.08 billion, or $1.53 per share, in the second quarter ended June 30, from $1.54 billion, or $2.10 per share, a year earlier. <\/p>\n<p>Revenue for the company, which makes parts for planes made by Boeing Co and Airbus SE, fell about 19% to $7.48 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Diversified US manufacturer Honeywell International Inc on Friday reported a 30% slump in quarterly profit, hit by a sharp fall in demand for aircraft spare parts as airlines park or retire thousands of planes due to the Covid-19 pandemic. Net income attributable to Honeywell fell to $1.08 billion, or $1.53 per share, in the second quarter ended June 30, from $1.54 billion, or $2.10 per share, a year earlier. Revenue for the company, which makes parts for planes made by Boeing Co and Airbus SE, fell about 19% to $7.48 billion.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-364642","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/364642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=364642"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/364642\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=364642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=364642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=364642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}