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HondaJet back on track for 100 aircraft each year

HondaJet back on track for 100 aircraft each year

After several setbacks, Michimasa Fujino, CEO of Honda Aircraft Company, says the first HondaJet will be delivered in 2015. At the top of the business jet cycle there was no shortage of companies that wanted to build new business jets.

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Vive la différence! Business jet manufacturers go their own way

Vive la différence! Business jet manufacturers go their own way

The business jet market is going through an unusual stage at the moment, with manufacturers taking very different approaches to each other. When industries mature it often becomes difficult for buyers to differentiate between the main competitors. If you look

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Quizzing Iron Maiden’s Bruce Dickinson on the Eclipse 550

Quizzing Iron Maiden’s Bruce Dickinson on the Eclipse 550

Bruce Dickinson, singer in Iron Maiden and the new non-executive chairman for Eclipse Aerospace’s European dealership, gets tested on the Eclipse 550 business jet at NBAA 2013. With over 1,000 companies exhibiting at NBAA 2013 last week, standing out from

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NBAA 2013: Plenty of buyers, but not a standout show

NBAA 2013: Plenty of buyers, but not a standout show

Attendance at NBAA 2013 was not as high as expected, but Dassault and Wheels Up still gave the industry something to celebrate in Las Vegas. NBAA 2013 will not be remembered as a standout show. There were not the crowds

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Seven words to describe the business jet market in 2013

Seven words to describe the business jet market in 2013

Rather than trying to quantify the mood at NBAA 2013, we decided to enlist ask some of the people that are shaping the industry. Armed with a whiteboard and a marker pen, we asked seven aviation professionals to sum-up the

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Beechcraft reports 47% delivery increase after strong third quarter

Beechcraft reports 47% delivery increase after strong third quarter

Beechcraft delivers 48 aircraft in the third quarter of 2013. Beechcraft Corporation reported at NBAA 2013 in Las Vegas this week that the company delivered 48 aircraft during the third quarter of 2013.  For the first nine months of the

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HondaJet CEO speaks about finance and expansion

HondaJet CEO speaks about finance and expansion

HondaJet will provide finance for US customers as the company looks at ramping-up production. As the HondaJet flight test programme nears the final phase, both in manufacturing and testing, Honda Aircraft Company confirmed that the company will join forces with

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Falling sales at Cessna means a $23m loss for third quarter

Falling sales at Cessna means a $23m loss for third quarter

No sign of upturn as Cessna makes a third quarter loss as it delivers and sells less aircraft. Cessna lost $23 million in the third quarter of 2013 compared to a profit of $30 million in the same period of

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Exclusive: Mark Graubart says he is sorry for defrauding bank

Exclusive: Mark Graubart says he is sorry for defrauding bank

Aircraft broker Mark Graubart will serve about one year in prison for faking aircraft records which allowed him to borrow $3 million. Aircraft broker, Mark Graubart, says he is sorry for making bad business decisions. “I’m thoroughly remorseful,” he told

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Freestream Aircraft sells first pre-owned G650 for $72 million

Freestream Aircraft sells first pre-owned G650 for $72 million

Freestream Aircraft sells the first pre-owned G650 business jet for $6.5 million more than the aircraft’s list price. UPDATE: Although the 2013 list price for a G650 is $64.5 million, the list price in 2008 was $59 million, making the

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