Honda to expand its Jet market

ANA Holdings Inc. (ANAHD) and Honda Aircraft Co. announced last week that they have signed a memorandum of understanding for a strategic partnership supporting the expansion of the business jet market around the globe by using Honda Aircraft’s technologically advanced HondaJet.

ANA, ANA Holdings’ flagship carrier and largest airline in Japan, which currently operates about 260 commercial airplanes throughout the world, will introduce current business jet users and its commercial flight customers to the HondaJet by maximizing the utilization of the aircraft. ANA will use the HondaJet for its charter and feeder flights connecting them to the existing broad network at major travel hubs in North America and Europe.