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Honda Looking For A Quarter Of The Market

Authors: Administrator

After working on its foray into aviation for 25 years, Honda can be expected to be looking for a return on its patient investment, but comments made by the head of the company's aviation division to Reuters turned some heads on Tuesday. Michimasa Fujino likened the almost-certified HondaJet to the introduction of the Honda Civic and said the company was going after 25 percent of the worldwide light jet market. "I'm very optimistic about our prospects," Fujino said. "We're doing with HondaJet what the Civic did to American cars from the 1960s. Our competitors are still producing with technology from the 1990s."

Read more http://www.avweb.com/avwebbiz/news/Honda_Wants_Market_206118-1.html?CMP=OTC-RSS

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