Tuesday, January 31, 2012

Honda to step into Small Airplane Business

Honda, Japan's third largest car manufacturer, has decided to jump into the airplane market of the world and plans to roll out its first small business airplane next year.
HondaJet - set to capture market of small business airplanes in 2013

Presently, Honda is finalizing its $4.5 million HondaJet certified. initially up to 80 HondaJets will be produced each year. But Honda hopes to capture the market of small business airplanes with a huge market chunk in its favour.

Read more: Reuters


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