The CEOs of Honda Motor and GE Transportation, a division of General Electric, signed the definitive agreement during the NBAA Convention last month to create GE Honda Aero Engines, a joint company that will pursue the launch of Honda’s HF118 turbofan engine for the light business jet market.
Twenty years after beginning a quest to develop a jet, Michimasa Fujino stood proudly at the Honda display during last year’s NBAA Convention as Honda Motor president and CEO Takeo Fukui honored him with a public display of support for the HondaJet program. The announcements that followed signaled the beginning of sales for the $3.65 million jet, and by the end of the show Honda Aircraft had logged orders for more than 100 aircraft.
Honda Aircraft took its first deposits for 100-plus HondaJets during the NBAA Convention last week and is negotiating with “a number of fleet customers,” according to president and CEO Michimasa Fujino. The new twinjet will sell for $3.65 million (2006 dollars), with first delivery scheduled in 2010.
Honda Aircraft has selected four U.S. Piper distributors to sell and service the HondaJet, the Japanese manufacturer announced here at NBAA’06.