Honda Motor anticipates to increase production of business jets as part of its strategy to broaden in the growing market, the head of the Japanese automaker’s aircraft operations stated in the United States.
The firm intended to produce 80 business jets yearly by March 2019, from as much as 36 presently, Honda Aircraft Company CEO Michimasa Fujino informed press reporters at its plant located in Greensboro, North Carolina.
“By the end of the 2018 financial year (in March 2019), we want to be near complete production of around 80 units,” he stated.
The company started deliveries of its $4.5 million jets in December and says it has obtained around 100 orders up until now, generally from consumers in North America and Europe.
Honda is Japan’s first car manufacturer to construct and market airplane globally. Its high-end jets seat approximately seven individuals and have engines installed above the wings, making it possible for roomier cabins, minimized sound and higher fuel performance.
The jet rivals similar-sized aircraft manufactured by Cessna, Bombardier Inc and Embraer SA.
Honda Aero Inc, which collectively developed the jet’s HF 120 engine with General Electric, presently acquires all of its parts from outdoors suppliers, however company President Atsukuni Waragai stated it would begin producing a variety of parts in-house from next March.
