Honda Establishes Aviation Engine Business Subsidiary in the
Honda Motor Co., Ltd., has announced that it has established a
new US subsidiary, Honda Aero, Inc., to focus on the aviation
engine business in the US -- the world's largest aviation
The new aviation engine business unit will be located at a
yet-to-be-determined location in the US, with plans to become
operational by the end of the year. In addition, Honda has
established the Wako Nishi R&D Center in Japan, dedicated to
the research and development of aviation engines. This new center
will consolidate and strengthen the turbofan jet engine development
currently done at the Wako Research Center, and the development of
piston aircraft engines currently conducted at the
Asaka R&D Center.
In the meantime, the Wako Research Center will continue its
research and development efforts for the HondaJet, an experimental
prototype aircraft currently undergoing test flights in Greensboro,
Honda Aero, Inc., a wholly owned subsidiary of Honda Motor Co.,
Ltd., will be responsible for Honda's aviation engine business,
including such functions as contract negotiations, procurement, and
preparations for production. Honda Aero will prepare for
commercialization of the HF118 turbofan jet engine, marking Honda's
first step into the jet engine business.
Honda's research efforts for small jet engines and jet aircraft
began in 1986. Development of the Honda HF118 engine, which shows
promise in the VLJ and light jet markets, began in 1999. Full-scale
flight tests of the HF118 engine have been conducted aboard Honda's
prototype HondaJet aircraft, since December 2003.
The HF118 engine is designed for light business jets, a category
with an estimated annual market of 150 to 200 units, and where
further growth is expected in the future.
Honda and GE, signed a basic agreement February 16, 2004, to
jointly pursue commercialization of Honda's HF118 jet engine.
Issues such as marketing strategy, business structure and
production are under discussion. The signing of a final agreement
with GE is anticipated before the end of the year.
Honda will accelerate research and development efforts at the
Wako Nishi R&D Center, in anticipation of mass production of
the HF118 engine. The newly registered Honda Aero, Inc. will take
the lead in accelerating the development of business activities.
More info to follow...