June 26--GREENSBORO -- Honda Aircraft Co. will likely turn a profit before the end of the decade, the company's CEO told Bloomberg News in a Tokyo interview today.
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 yesterday. Though he declined to specify the number of orders received so far, Fujino said sales of the $4.5 million jet plane may reach 80 units to 90 units annually in a few years.
Honda Aircraft is manufacturing its HondaJet at Piedmont Triad International Airport, where it operates its headquarters and research and design offices as well. The company is building a hangar for maintenance of jets.
It employs more than 800 people.
Copyright 2013 - News & Record, Greensboro, N.C.
