October 20, 2006

Honda begins selling new HondaJet

HondaJet. Click image to enlarge

Orlando, Florida – Honda Aircraft Company announced that it received well over 100 individual customer orders with deposits for the $3.65 million HondaJet during the National Business Aviation Association (NBAA) convention in Orlando, Florida. The company began sales of its advanced light jet on October 17 and has experienced demand in excess of expectations over three days of sales.

“We are extremely pleased with the early customer response to HondaJet. In addition to the strong demand we have experienced from individuals, we are negotiating with a number of fleet customers as well,” said Michimasa Fujino, president & CEO of Honda Aircraft Co., Inc. “Due to this overwhelming response, we are now considering an increase in our production plan to meet the needs of our customers.”

HondaJet will be produced by the Honda Aircraft Company at a dedicated manufacturing facility in the United States. The HondaJet introduces a series of new technologies that signify a departure from conventional light jet designs. Its most unique and recognizable feature — the over-the-wing engine mount (OTWEM) configuration — liberates precious fuselage space for increased room in the cabin and cargo stowage, while significantly reducing aerodynamic drag at high speeds for major improvements in performance and fuel efficiency.

HondaJet features a class-topping cruise speed of 420 knots with an IFR range of 1180 nautical miles(1), and a 30-35 percent gain in fuel efficiency at cruise speed versus other jets of comparable performance. HondaJet’s luxuriously-appointed cabin is about 1-foot longer than even larger light jets and features a fully-private washroom.

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