Honda, yes, Honda is now selling jets – CNBC

Posted: Thursday, December 10, 2015

What was once a dream of the founder of Honda has become reality. The Japanese automaker is now also a plane maker.


Late Wednesday, the Federal Aviation Administration officially certified the HondaJet, an entry level business jet. The FAA certification means Honda can now deliver the first business jets to customers who are paying approximately $4.5 million for each plane.


“We have approximately 25 aircraft on the final assembly line,” said Michimasa Fujino, CEO of the Honda Aircraft Company. “Our target is to ramp up as quickly as possible.”


Fujino discussed the future of HondaJet while looking out on the company’s assembly line in Greensboro, North Carolina. The plant employs 1,700 workers who are building a plane aimed at the small, but potentially lucrative light business jet market.


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