US firm delivers 3 engines
Current AffairsCommercial LawHoneywell has delivered three TPE331-12B turboprop engines for the Hindustan Turbo Trainer-40 (HTT-40) aircraft being built at Hindustan Aeronautics Limited (HAL). The delivery is part of a contract between Honeywell and HAL, and relies on provisions related to contract law and international trade. This matters for law students as it highlights the importance of contract law in international business transactions.