[6][7][8][9] The engine placement in particular overcame the limitations of earlier designs, allowing for reduced wave drag, and increased cabin and baggage space.
[22][11] After Honda decided to commercialize the HondaJet program, Fujino was tasked with transforming his small research team of thirty engineers into a large-scale company capable of aircraft manufacture and providing long-term customer support.
[26] Honda Aircraft Company and its CEO Michimasa Fujino served as a case study for Harvard Business School professor Gary Pisano, who in his 2019 book Creative Construction classifies Honda Aircraft as an example of start-up like behavior within a large, established corporation.
[30] In 2018, the company introduced the HondaJet Elite, which featured upgraded avionics, increased range, and an optional galley.
[33] After receiving FAA type-certification in 2015, over the next few years Honda Aircraft Company expanded its sales operations to many other countries.
[38][39][40] On May 20, 2019, Honda Aircraft Company announced that they were building a new 15.5 million dollar facility in Greensboro N.C.,[41] which was completed in September 2020.
[43] This concept design uses many of the elements of the original HondaJet, such as the over-wing engine placement, but features a larger cabin with room for 11 passengers and a longer range of 2,625 nm (4,862 km).
The development timeline for the project includes construction beginning in early 2024, with the first flight planned in 2026 and certification anticipated in 2028.