UPDATE 1-Honda moves into aviation market with small jet

Newswire

(Adds details, background, quotes throughout) By Kevin Krolicki DETROIT, July 25 (Reuters) - Honda Motor Co. on Tuesday announced long-awaited plans to enter the aviation industry, saying it would start taking orders this fall for a seven-person micro-jet with a wing-mounted engine design that promises improved fuel economy. The Tokyo-based company, best known for its motorcycles and automobiles, said it expected that its upcoming HondaJet would compete in the market for an emerging ...

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