Honda pitches new light jet model as private travel soars - Financial Markets Worldwide

Please try another search

Economy1 hour ago (Oct 12, 2021 08:52PM ET)


© Reuters. Attendees take a closer look after the unveiling of the HondaJet 2600 concept plane at the Las Vegas Convention Center during the NBAA Business Aviation Convention & Exhibition in Las Vegas, Nevada, U.S., October 12, 2021. REUTERS/Steve Marcus


LAS VEGAS (Reuters) – Honda Aircraft Co on Tuesday rolled out plans for a new light business jet that can fly non-stop across the United States, as the company looks to tap into skyrocketing demand for private travel.

The plane would seat up to 11 and offer up to 20% better fuel efficiency than other jets in the category, the company said. Honda Aircraft unveiled the new design at the National Business Aviation Association show in Las Vegas, the industry’s largest business jet show. It did not guarantee that the plane would be produced or offer a timeline for taking orders

Honda Aircraft, a subsidiary of Japan’s Honda Motor Co Ltd, currently produces a six-seater HondaJet.

Honda’s plans come as business aviation traffic is soaring above pre-pandemic levels, with some corporate jet operators having to refuse new clients. Due to COVID-19 wealthy travelers see flying private in smaller groups as safer and more convenient than traveling commercial.

Related Articles

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More

Written by 

Leave a Reply

Your email address will not be published. Required fields are marked *