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Honda Aircraft Company Expands HondaJet Sales to Europe

Honda Aircraft Company, Inc., announced plans to expand sales of HondaJet to Europe, beginning in May at the annual EBACE (European Business Aviation Convention & Exhibition) conference in Geneva, Switzerland. The sales expansion comes as Honda Aircraft Company today finalized its U.S. distribution network with the selection of Albany, New York, as the final location among its five sales and service facilities being established across the country.

Honda's decision to expand sales of its advanced light jet to the rapidly growing European market is in response to strong demand for the aircraft from customers throughout the region. Offering class-leading performance, fuel efficiency, interior cabin space and cargo capacity, HondaJet is well suited to meet the needs of European business and personal light jet owners and operators.

"We are excited to initiate sales in Europe, where we have received a steady stream of inquiries from interested customers who will now have the opportunity to reserve delivery of a HondaJet," said Michimasa Fujino, Honda Aircraft Company president and CEO. "We are committed to providing our customers with both a class-leading product and a sales and service support system that exceed their expectations for private jet ownership and travel."

Honda recently expanded HondaJet sales throughout North America, announcing the establishment of a sales and service strategy for Mexico and Canada. "The expansion of HondaJet sales to Europe is an important step in the continued evolution of our business strategy, which seeks to address the extensive worldwide demand for HondaJet," said Fujino.

Further details regarding the HondaJet European sales and service support strategy and delivery timing will be released by Honda on May 20, 2008, at EBACE.

With the selection of Albany, N.Y., as the location for its HondaJet East sales and service facility, Honda has completed the establishment of a nationwide U.S. sales and service infrastructure for HondaJet. Tallahassee, Fla. (HondaJet Southeast), Aurora, Ill. (HondaJet Midwest), Phoenix, Ariz. (HondaJet Southwest), and Salt Lake City, Utah (HondaJet Northwest) previously have been announced as HondaJet sales and service locations. Honda has established its U.S. sales and service network to provide unparalleled quality and convenience to HondaJet customers, with flight times for all customers to their nearest facility limited to 90 minutes or less.

Construction on all of the U.S. HondaJet sales and service facilities will begin in the near future, and completion is scheduled to coincide with the anticipated certification and first deliveries of HondaJet in 2010.-Hoda

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