Honda's Long-Awaited Private Jet

In a joint venture between the company and General Electric, Honda has begun producing its long-awaited private jet, coming with a lofty pricetag of $4.5 million. Almost 30 years in the making, the jet is powered by wing-mounted engines, seats six people, and ranges 1180 nautical miles at 420 knots. Honda reports that it will build close to 80 of the jets per year at its North Carolina facility and already has 100 orders for the new plane.

Click here to read the full article by John Rosevear for the Motley Fool.