April 30 (Reuters) - The CEO of business jet maker

Bombardier sees a benefit in Honeywell ( HON )

spinning off its aerospace division as a separate company, and

added that the U.S. supplier of engines and avionics has

improved its performance over the last year.

"This is a decision they've made, but I always like a

company being more focused," CEO Eric Martel told reporters on

Thursday after the planemaker reported quarterly earnings.

"We look at this as being very positive."

Planemakers and large aerospace suppliers are seeing

improvement in the aerospace supply chain, but snags remain due

to shortages of materials and labor. The health of the supply

chain is being closely watched, with commercial planemakers

Boeing ( BA ) and Airbus, along with defense

industries, ramping up production at the same time.

Honeywell Aerospace, set to spin off on June 29 as a

separate company under CEO Jim Currier, had wrestled with supply

chain challenges earlier this year that affected key products

including engines.

Honeywell ( HON ) is breaking up into three independent ​companies

focused on automation, aerospace and advanced materials, and is

divesting assets ahead ‌of the separation.