Honda business jets soaring towards ‘flying sports car’

Honda Motor Co., preparing to enter the market for business jets, said it’s won two to three years of orders for what it calls “flying sports cars” and signaled the business will turn profitable before the end of the decade.

The aviation business is on track to turn profitable five years after it begins delivering planes as soon as next year, Michimasa Fujino, president of Honda Aircraft, said in an interview in Tokyo on Wednesday.

Though he declined to specify the number of orders received so far, Fujino said sales of the $4.5 million jet may reach 80 to 90 units annually in a few years.

Read the rest of the story: Honda upbeat on prospects for ‘flying sports car’.

Leave a Reply

Your email address will not be published.