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6 MAR 07: HONDA NEW HQ

HONDA has confirmed that Piedmont-Triad Airport in Greensboro, North Carolina will be its world headquarters for the HondaJet very light jet. It's no surprise since Greensboro is where the HondaJet prototype has been developed and based.

A brand new HQ building, hangar and manufacturing plant will be built at Greensboro, with first deliveries of the aircraft beginning in 2010. The initial investment is around $60 million but that doesn't include the manufacturing facility.

"For five years, Greensboro has served as the home of HondaJet, as we have worked to take our dream from the drawing board to the sky," said Michimasa Fujino, boss of Honda Aircraft.

Honda Aircraft Company's new headquarters will serve as the home for all HondaJet research, product engineering, sales and marketing, and service support, and will replace the company's existing 32,000 square foot hangar and office complex, also located at PTI airport. Construction will begin immediately and is scheduled to be completed by November.

Honda claims its first-ever commercial aircraft will deliver 30-35% better fuel efficiency than comparable jets, along with a class-topping cruise speed of 420 knots and a more spacious cabin with room for up to eight people. It says the customer base for HondaJet will be owner-pilots, corporate travel operators and air taxi companies. W: http://hondajet.honda.com

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