Guest Chainsaw Posted August 9, 2006 Posted August 9, 2006 August 8, 2006Japanese car company Honda said on Tuesday it has set up a subsidiary in the United States to further develop and sell its seven-person micro-jet, with a goal of delivering the first mass-production HondaJet in 2010. The wholly owned unit, called Honda Aircraft Company, will will be based at the Piedmont Triad International Airport in Greensboro, North Carolina, where the prototype HondaJet was assembled and test flights carried out over more than three years, it said in a statement. Japan's third-biggest auto maker last month announced long-awaited plans to enter the aviation industry, saying it would start taking orders for the HondaJet later this year. It has entered a wide-ranging alliance with Florida-based Piper Aircraft that would include sales and marketing of the new plane. HondaJet is the result of 20 years of aviation research at Honda and promises improved fuel economy, a larger cabin and higher cruising speed than conventional jets in the same class. (Reuters) http://news.airwise.com/story/view/1155042267.html
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