Honda's New Flying Machine

27 Jul

Honda Motor Co said it’s won two to three years of orders for what it calls “flying sports cars” and signaled that the business will turn profitable in five years. Michimasa Fujino, president of Honda Aircraft, said sales of the $4.5 million jet may reach 80 to 90 units annually in a few years.He 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.