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Filed: K-1 Visa Country: United Kingdom
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Honda Motor Co. said Wednesday that its HondaJet has been certified as airworthy by U.S. regulators, giving the company the green light to soar into the aviation business.

The approval by the Federal Aviation Administration allows Honda to start deliveries of the light business jet more than half a century after the companys late founder Soichiro Honda unveiled his ambition to go to the skies in 1962.

It also represents another step forward for Japans growing aviation industry after the maiden flight of the Mitsubishi Regional Jet in November. The MRJ, developed by Mitsubishi Aircraft Corp., is Japans first domestically produced passenger jet.

But the HondaJet, developed by an American subsidiary, can seat up to seven people including the pilot and is targeted chiefly at corporate executives and the rich. The plane is 13 meters long and costs $4.5 million.

Honda has orders for more than 100 units in the Americas and Europe, and is considering selling the jet in its home market, where it was unveiled to the public this spring as part of a world tour.

Development and production of the twin-engine jet is being undertaken by Honda Aircraft Co., its U.S. aviation arm in Greensboro, North Carolina. Honda says the planes unique design, in which the engines are mounted on the main wings to reduce air resistance, produces better fuel efficiency and comfort than rivals.

Honda started research on aircraft development in 1986 and announced its foray into the aviation business in 2006. It received provisional type certification from the FAA in March this year.

According to one projection, global demand for business jets will grow from around 680 units in 2013 to around 1,530 in 2030, with demand rising in emerging economies in Latin America and Asia.

Honda is aiming for a slice of the market in China and Southeast Asia and plans to compete head-to-head with Cessna Aircraft Co. and Gulfstream Aerospace Corp. of the United States, as well as Canadas Bombardier Inc. and Brazils Embraer SA.

There were 20,244 airworthy business jets worldwide as of the end of March 2015, with more than half, or 13,133, in the United States, according to the Japan Business Aviation Association. Japan had only 85 business jets, due in part to a lack of business jet infrastructure at airports.

The certification of HondaJet and the MRJs progress are generating expectations for new business among the various industries involved in aircraft manufacturing.

The MRJ is made up of roughly 1 million components, putting it in a different league from the auto industry, where cars typically require around 30,000 parts. Around 30 percent of the MRJs components are sourced in Japan.

Honda selected the United States to be its manufacturing site because it is the biggest market for business jets and home to other jet makers, such as Cessna and Gulfstream.

Some of its components, however, are produced by Japanese manufacturers, such as Sumitomo Precision Products Co., which was involved in the development and production of the landing gear.

Japanese manufacturers are very meticulous and deliver on time, said Michimasa Fujino, president and CEO of Honda Aircraft.

But Japanese firms are often at a disadvantage because they lack experience with the certification procedures.

The introduction of the two home-grown jets may help boost the Japanese aviation industry by giving component manufacturers experience working on airframes.

PHOTOS

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A HondaJet is displayed in Greensboro, North Carolina, where a ceremony was held on Wednesday to celebrate the plane's receipt of airworthiness certification from the U.S. Federal Aviation Administration. | KYODO

KEYWORDS

AVIATION, HONDA MOTOR, HONDAJET

BUSINESS

Filed: Other Country: China
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I used to ride by HondaJet everyday on the way to the office. They buzz around in the sky and sound about the same as the lawn mowers and pressure washers they make...also in North Carolina. Do they manufacture anything in Japan anymore?

Filed: K-1 Visa Country: United Kingdom
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I used to ride by HondaJet everyday on the way to the office. They buzz around in the sky and sound about the same as the lawn mowers and pressure washers they make...also in North Carolina. Do they manufacture anything in Japan anymore?

Interesting. I wonder if the new model is better. Funny thing is the Japanese brand washing machine my mother owns isn't sold in Japan and can be noisy.

Sure they manufacture things here, but they are expensive compared to products made in China and Thailand, for example. They are usually low quality, and as there are not many imports here most people buy "made in Japan ". As for foreign markets it is cheaper to manufacture overseas .

 

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