7/29/2008

Honeywell manufactures a fuel-tank safety device that is required to be installed on all aircraft within nine years under new FAA rules, and the Arizona company could sell and install the device on up to 5,110 planes. The device replaces flammable oxygen with inert nitrogen in the fuel tank and greatly reduces the risk for fuel tank explosions. The cost of compliance with the new rule for the airlines is estimated to be more than $1 billion.

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