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MarketScreener Homepage  >  Equities  >  Tokyo  >  Honda Motor Co Ltd    7267   JP3854600008

HONDA MOTOR CO LTD

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Honda Motor : Aircraft Company Celebrates the Delivery of the First Two Jet Elites to Hawaii; The Jet Elite is the First Light Jet to Enter Service in Hawaii

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07/02/2019 | 11:37am EDT

HONOLULU, HAWAII, - Honda Aircraft Company celebrated the delivery of the first two HondaJet Elites to Hawaii during a special ceremony at Daniel K. Inouye International Airport on Thursday, June 27th. The HondaJet Elite is the first light jet to enter service in Hawaii.

Honda Aircraft Company Celebrates the Delivery of the First Two HondaJet Elites to Hawaii

Wing Spirit, a newly-established company that will provide luxurious and convenient charter services for inter-island transportation, has taken delivery of two HondaJet Elites. They also are exploring using HondaJets as air ambulances and for aviation education opportunities throughout the Hawaiian Islands. The aircraft serving as air ambulances will be outfitted with custom medevac configurations, marking the first time this design has been implemented in the program's history.

'The HondaJet's superior performance and comfort is well-suited to serve Hawaii's population of 1.4 million residents and 10 million annual visitors by providing convenient transportation between heavily trafficked islands. When creating the HondaJet, my goal was to design a technologically advanced aircraft that would improve the lives of customers around the world,' said Honda Aircraft Company President and CEO Michimasa Fujino. 'Wing Spirit using HondaJets for lifesaving transportation and as a method of convenient transit between islands is true recognition that the aircraft is achieving that goal.'

Wing Spirit's Executive Vice President and Chief Operating Officer Sal Miwa added, 'We are looking forward to revolutionizing the business aviation industry in Hawaii with the HondaJet. We are confident the aircraft's unrivaled performance and comfort will help us to provide our customers with exceptional experiences.'

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (JPY)
Sales 2020 15 535 B
EBIT 2020 767 B
Net income 2020 664 B
Debt 2020 4 453 B
Yield 2020 4,65%
P/E ratio 2020 6,62x
P/E ratio 2021 6,11x
EV / Sales2020 0,57x
EV / Sales2021 0,56x
Capitalization 4 380 B
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Number of Analysts 22
Average target price 3 376,67  JPY
Last Close Price 2 488,50  JPY
Spread / Highest target 68,8%
Spread / Average Target 35,7%
Spread / Lowest Target 8,50%
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Managers
NameTitle
Takahiro Hachigo President, CEO & Representative Director
Seiji Kuraishi COO, Representative Director, VP & Head-Strategy
Kohei Takeuchi Senior MD, Head-Finance & Administration
Yoshiyuki Matsumoto Senior Managing Director, Head-R&D
Toshiaki Mikoshiba Senior MD, GM-North America & Head-Sales
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