Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / Honda’s jet plane takes maiden Japan flight ahead of US sales
BackBack

Honda’s jet plane takes maiden Japan flight ahead of US sales

The firm is in line to obtain final approval for the plane from the US FAA and plans to start deliveries to US customers later this year

The location of the jet’s engines, which unlike conventional planes are on top of the wings, will increase fuel efficiency by about 15% and allow cabin space to be as much as 20% roomier than in comparable aircraft. Photo: AFPPremium
The location of the jet’s engines, which unlike conventional planes are on top of the wings, will increase fuel efficiency by about 15% and allow cabin space to be as much as 20% roomier than in comparable aircraft. Photo: AFP

Tokyo: Honda Motor Co.’s first jet plane made its maiden Japanese flight as the company seeks to boost its reputation for cutting-edge technology.

The seven-seat aircraft took off from the northern city of Sendai and landed at Tokyo’s Haneda airport on Thursday afternoon, said Kosuke Kachi, a Honda spokesman. The company is in line to obtain final approval for the plane from the US Federal Aviation Administration (FAA) and plans to start deliveries to US customers later this year.

The demonstration of the aircraft, which has been under development for three decades, comes after Honda’s reputation was marred by record recalls of cars last year. The carmaker has revamped the management of its research unit, returned to Formula One as an engine supplier and introduced a mini- sportscar in Japan this year. President Takanobu Ito will also step down in June after leading the company for six years.

Honda has received orders for more than 100 of the jets, HondaJet Aircraft president Michimasa Fujino has said. The company may consider selling the aircraft in Japan if there’s a potential market, he said in February.

The location of the jet’s engines, which unlike conventional planes are on top of the wings, will increase fuel efficiency by about 15% and allow cabin space to be as much as 20% roomier than in comparable aircraft, according to the company. With a cruise speed of 778 kilometers per hour (420 knots), the jet is also faster and more resistant to turbulence, Honda has said. Bloomberg

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 23 Apr 2015, 12:13 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie