Greensboro, North Carolina – Honda Aircraft Company has revised the delivery schedule of its all-new HondaJet light aircraft, as economic challenges in the global aerospace industry have delayed component deliveries.

The company now has a first flight target of January 2010, with projected first customer delivery in the fourth quarter of 2011.

“We have been working very closely with our suppliers over the past year in an effort to minimize the effect of the ongoing worldwide economic instability on HondaJet development,” said Michimasa Fujino, president and CEO of Honda Aircraft. “Unfortunately, we now have no choice but to revise our schedule. We appreciate our customers’ continued trust and their understanding of the challenges we are facing to bring to them the most advanced light jet available.”

Honda Aircraft has progressed with the establishment of its new headquarters campus in Greensboro, North Carolina, where the aircraft is being developed and will be manufactured. The new jet will offer superior performance, greater interior space and cargo capacity, and significantly lower fuel consumption than any light jet of its size. At US$3.9 million, it is also much less expensive than its leading light jet competitor.

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