Honda Sees ‘Flying Sports Car’ Making Profit by Decade’s End

Honda Motor Co., preparing to enter the market for business jets, said it’s won two-to-three years of orders for what it calls “flying sports cars” and signaled the business will turn profitable before the end of the decade.

The aviation business is on track to turn profitable five years after it begins delivering planes as soon as next year, Michimasa Fujino, president of Honda Aircraft, said in an interview in Tokyo yesterday. Though he declined to specify the number of orders received so far, Fujino said sales of the $4.5 million jet plane may reach 80 units to 90 units annually in a few years.