HondaJet makes Chinese debut in Shanghai
Rising wealth across Asia is paving the way for light jet market expansion, with China now having one of the world’s highest concentrations of high-net-worth individuals.
Honda Aircraft Company showcased its HondaJet at the 2017 Asian Business Aviation Conference and Exhibition (ABACE) in Shanghai.
The new light jet has been developed by the U.S.-based Honda Aircraft subsidiary of Japan’s manufacturer conglomerate Honda Motor. Deliveries began after initial U.S. FAA certification was achieved in December 2015, and this was followed by approval from Europe’s EASA in May 2016.
Fujino and his team believe that the technology delivered by the HondaJet represents such a leap forward in the private jet market that it will significantly expand the light jet segment.
According to Fujino, rising wealth across Asia is paving the way for market expansion, with China now having one of the world’s highest concentrations of high-net-worth individuals.
Honda Aircraft is still evaluating the prospect of obtaining Chinese CAAC certification for the HondaJet. “There is no concrete timing yet,” he said. “The China market has strong potential.”
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