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Honda upbeat on prospects for ‘flying sports car’
Japan Times ^ | 06/28/2013 | Bloomberg

Posted on 06/28/2013 12:30:30 AM PDT by TexGrill

Honda Motor Co., preparing to enter the market for business jets, said it’s won two to three years of orders for what it calls “flying sports cars” and signaled the business will turn profitable before the end of the decade.

The aviation business is on track to turn profitable five years after it begins delivering planes as soon as next year, Michimasa Fujino, president of Honda Aircraft, said in an interview in Tokyo on Wednesday.

Though he declined to specify the number of orders received so far, Fujino said sales of the $4.5 million jet may reach 80 to 90 units annually in a few years.

Honda, Japan’s third-largest carmaker, is betting that lessons drawn from its main automotive business will help the company compete against Textron Inc.’s Cessna and Brazil’s Embraer SA. While the U.S. currently accounts for most of the demand for business jets, Fujino said Brazil and India are among markets that offer the most growth potential.

Fujino said the location of Honda’s engines, which unlike conventional planes are mounted on top of the wings, will increase fuel efficiency by about 15 percent and allow cabin space to be 15 to 20 percent roomier than in comparable aircraft. With a cruise speed of 778 kph — 420 knots — the jet is also 10 percent faster than the average biz jet and more resistant to turbulence, he said.

(Excerpt) Read more at japantimes.co.jp ...


TOPICS: Business/Economy; Foreign Affairs; Japan; News/Current Events
KEYWORDS: japaneconomy
As if traffic jams aren't bad enough we will soon have to worry about falling debris from flying sports cars.
1 posted on 06/28/2013 12:30:30 AM PDT by TexGrill
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To: TexGrill

Just for reference, “Flying Sports Car” in this situation is Honda’s term for their new lightweight, somewhat-lower-cost business jet. This is NOT a flying car.


2 posted on 06/28/2013 12:33:25 AM PDT by Little Pig (Vi Veri Veniversum Vivus Vici.)
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To: Little Pig

3 posted on 06/28/2013 12:35:34 AM PDT by DoughtyOne (Obama: Clear and present danger year five...)
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To: Little Pig
This is NOT a flying car.

My hopes have been dashed again.

4 posted on 06/28/2013 12:35:39 AM PDT by SIDENET
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To: DoughtyOne

5 posted on 06/28/2013 12:37:37 AM PDT by DoughtyOne (Obama: Clear and present danger year five...)
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To: DoughtyOne

6 posted on 06/28/2013 12:38:55 AM PDT by DoughtyOne (Obama: Clear and present danger year five...)
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To: DoughtyOne

7 posted on 06/28/2013 12:39:54 AM PDT by DoughtyOne (Obama: Clear and present danger year five...)
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To: SIDENET

Actually it would be cool to have a flying car. But I’m sure it would cause lot’s of havoc in the air. It could be somewhat frightening to fly through air traffic jams.


8 posted on 06/28/2013 12:39:58 AM PDT by TexGrill (Don't mess with Texas)
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To: DoughtyOne

Trophy wife. Where’s the 60 year old husband?
lol
j/k


9 posted on 06/28/2013 12:40:42 AM PDT by snarkytart
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To: TexGrill
Actually it would be cool to have a flying car. But I’m sure it would cause lot’s of havoc in the air. It could be somewhat frightening to fly through air traffic jams.

I always pictured myself up in the air bypassing the traffic jams, and everyone else stuck on the ground.

In my fantasy, everything works out great!

LOL.

10 posted on 06/28/2013 12:42:21 AM PDT by SIDENET
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To: SIDENET

It’s funny how fantasy and reality rarely go hand-in-hand.


11 posted on 06/28/2013 12:44:16 AM PDT by TexGrill (Don't mess with Texas)
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To: snarkytart
He's probably flying around in something like this...


12 posted on 06/28/2013 12:45:25 AM PDT by DoughtyOne (Obama: Clear and present danger year five...)
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To: TexGrill
It’s funny how fantasy and reality rarely go hand-in-hand.

Yeah, that whole reality thing always shows up and crushes me.

13 posted on 06/28/2013 12:47:30 AM PDT by SIDENET
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To: DoughtyOne

That ain’t no stinkin’ car.


14 posted on 06/28/2013 12:50:14 AM PDT by snarkytart
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To: snarkytart

It isn’t a nice smelling one either. :-)


15 posted on 06/28/2013 12:51:35 AM PDT by DoughtyOne (Obama: Clear and present danger year five...)
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To: SIDENET

Like that time I thought NJ Gov. Chris Christie was the real deal and gonna fight the Democrats, Unions, Eco-Activists, Flamers, Hippies, Peaceniks, PETA, Planned Parenthood and all other Leftist organizations. But then I woke up one morning from this fantasy and saw him endorse Obummer in his re-election bid to the White House. And the next thing you know Con-man Barry gets re-elected.


16 posted on 06/28/2013 12:54:53 AM PDT by TexGrill (Don't mess with Texas)
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Comment #17 Removed by Moderator

To: snarkytart
It was a nice little car. It came with one of those snazzy devices that tells you
when you're about a foot away from the car behind you, so you can floor it.


18 posted on 06/28/2013 12:58:22 AM PDT by DoughtyOne (Obama: Clear and present danger year five...)
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To: TexGrill

I’m waiting for the Acura Flying Sports Sedan.


19 posted on 06/28/2013 1:37:28 AM PDT by Conspiracy Guy (To stay calm during these tumultuous times, I take Damitol. Ask your Doctor if it's right for you.)
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To: snarkytart
Trophy wife. Where’s the 60 year old husband?

I wish it was me.

20 posted on 06/28/2013 4:12:48 AM PDT by Dalberg-Acton
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To: TexGrill
Down there wishing you were up here?
21 posted on 06/28/2013 5:20:50 AM PDT by grobdriver
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To: grobdriver
Extra for me please
22 posted on 06/28/2013 5:47:18 AM PDT by Neidermeyer (I used to be disgusted , now I try to be amused.)
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To: Dalberg-Acton

Alas, that is because you, like me, are not corporate CEO who can afford this little beauty..

There is no picture of the 60 year old because this photo is directed at real Corporate CEOs, inviting them to imagine themselves sitting in the rear seat in place of that 60 year old, enjoying the view of the smart and convenient drink holders and stunning trophy wife.

(Tall and stylish Italian models to go with your plane! You rogue!)


23 posted on 06/28/2013 1:04:12 PM PDT by Pete from Shawnee Mission (Does she not have a mysterious smile as she gazes at her Nook!)
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