SAO PAULO (Reuters) - Deliveries of four-passenger HondaJets will start in 2017 in Brazil, Michimasa Fujino, chief executive of the Honda Aircraft unit of Honda Motor Co , said at an event in Sao Paulo on Monday.
The HondaJet is entering service about a decade after Honda announced plans to enter the executive aviation market. Honda is challenging Textron Inc's Cessna and Brazil's own Embraer SA in the ultralight segment, where demand has been slow to recover from a recent business jet downturn.
(Reporting by Brad Haynes; Editing by Leslie Adler)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app