Preliminary performance
figures for the six-to-seven person jet call for a top speed greater
than 420 knots, a 1,100-nm range with IFR reserves, and a service
ceiling of 43,000 feet. Certification is expected to take three to four
years, but the company will begin taking orders this fall. Price and
final performance specifications will be announced this October.
However, company officials said the price will be
"competitive." When asked at a Q&A session following the
announcement whether it would be competitive with the Eclipse, a VLJ
priced in the million dollar range, or the Cessna Mustang, a VLJ in the
$2.3 million range, the officials simply answered, "Very, very
competitive."
The alliance with Vero
Beach, Florida-based Piper, which has built more than 140,000 aircraft
in its 70-year history, is intended to provide what Honda calls "a
higher standard for the quality of the ownership experience." Said
Toshida, "In Piper we believe we have a partner we can collaborate
with in our effort to bring new value to customers in the very light jet
market."
Piper Aircraft President
and CEO James Bass, on hand for the announcement, said, "This
business alliance is a perfect fit given the commitment both Piper and
Honda have to providing our respective customers with world-class
products and services."
Officials said the two
companies currently have no plans to co-develop products.
Also taking the podium
for the announcement was Michimasa Fujino, vice president of Honda
R&D America, who spearheaded the HondaJet project since it began in
1986.
"Our goal is to
deliver three key attributes—performance, quality, and comfort—beyond
what people currently expect from light business jets."
Concluding the press
conference, Fujino told the audience, "In Japan, children are
taught by their parents to be humble. Today I’m not Japanese. I’m
very proud of my beautiful daughter, the HondaJet, and happy to
introduce her to you."
The HondaJet is on display at the Honda
Pavilion at AeroShell Square (S21).