Honda Aircraft Company has debuted the HondaJet Elite II at the 2023 European Business Aviation Convention and Exhibition (EBACE) in Geneva, Switzerland.
The latest aircraft from the manufacturer will be on display until the end of today (May 23rd).
“Debuting our latest aircraft at EBACE marks an important milestone for everyone at Honda Aircraft Company,” said Hideto Yamasaki, president & CEO, Honda Aircraft. “The HondaJet Elite II continues our dedication to exceeding the expectations of customers worldwide by setting new standards in performance, efficiency and comfort for the future of very light jets.”
With a range of up to 1,547 nautical miles, the Elite II is Honda’s most fuel-efficient jet to date, according to the firm.
The aircraft has received type certification from the US Federal Aviation Administration (FAA) and is expecting the European Union Aviation Safety Agency (EASA) type certification soon.
Meanwhile, very light jets (VLJ) were forecast to achieve average Compound Annual Growth Rate (CAGR) of 5.6% over the next five years, according to a recent report from Global Jet Capital. “The low price of VLJs makes them appealing to many buyers, especially first-time owners,” predicts the report New and Pre-owned Business Jet Transaction Forecast. “Although light and medium jets will grow more slowly than heavy jets and VLJs.”
Read the full report here.