Honda aims to sell jet in 2010
queryvar="honda,aims,to,sell,jet,in,2010";
Reuters / August 8, 2006 - 6:00 am TOKYO -- Honda Motor Co. said on Tuesday it has set up a subsidiary in the United States to sell, produce and further develop its seven-person micro-jet, with a goal of delivering the first mass-production HondaJet in 2010.
The wholly owned unit, called Honda Aircraft Company, will be based at the Piedmont Triad International Airport in Greensboro, North Carolina, where the prototype HondaJet was assembled and test-flown over more than three years, it said in a statement.
Japan's third-biggest automaker last month announced long-awaited plans to enter the aviation industry, saying it would start taking orders for the HondaJet this fall. It has entered a wide-ranging alliance with Florida-based Piper Aircraft Inc. that would include sales and marketing of the new plane.
HondaJet is the result of 20 years of aviation research at Honda, best known for its cars and motorcycles, and promises improved fuel economy, a larger cabin and higher cruising speed than conventional jets in the same class.
Update 3 - Honda aims to sell jet in 2010
Linear Mode
