01 - Cook fettuccine in large pot of salted boiling water until al dente. Reserve 1/2 cup pasta water before draining.
02 - Heat olive oil and butter in large skillet over medium heat. Add sliced onions and salt. Cook 10 minutes, stirring occasionally, until onions soften and begin to brown.
03 - Sprinkle brown sugar over onions. Continue cooking 15-20 minutes, stirring frequently, until deeply caramelized and golden brown.
04 - Stir in minced garlic and chopped red chili pepper. Sauté 1-2 minutes until fragrant.
05 - Add honey, heavy cream, Parmesan, red pepper flakes, and black pepper. Simmer gently 2-3 minutes until sauce thickens slightly.
06 - Add cooked fettuccine to skillet. Toss well to coat, adding reserved pasta water one tablespoon at a time until desired consistency. Season to taste. Serve hot, garnished with fresh parsley and extra Parmesan.