HondaJet Delays Release Date Of New Aircraft

GREENSBORO --

The first Honda aircraft won't be delivered to customers until January 2010, one year later than the Greensboro-based company had originally projected.

The company said in a news release that "global aerospace industry business challenges" have forced the delay.

"We have been working very closely with our suppliers over the past year in an effort to minimize the effect of the ongoing worldwide economic instability on HondaJet development," said Michimasa Fujino, Honda Aircraft Company president and CEO. "Unfortunately, we now have no choice but to revise our schedule. We appreciate our customers' continued trust and their understanding of the challenges we are facing to bring to them the most advanced light jet available."

The innovative HondaJet aircraft will improve performance and fuel efficiency by significantly reducing aerodynamic drag in flight, the company said.

The 83-acre campus is located at Piedmont Triad International Airport.

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