HondaJet on Display at Singapore Airshow for 1st Time

The video discusses the market potential for HondaJet in Asia, focusing on Southeast Asia and China. It highlights the competition with established brands like Cessna and Embraer and emphasizes HondaJet's technological advancements, such as fuel efficiency and high performance. The video also covers delivery timelines, market challenges, and the potential for growth in China, where the market is still developing. It concludes with a discussion on the challenges faced by new manufacturers and HondaJet's strategy to capture market share by focusing on product quality and customer service.

What is Honda's strategy to compete with established manufacturers like Cessna and Embraer?

• Focus on luxury features

• Introduce new technology and cultivate a new customer base

• Reduce prices significantly

• Expand into European markets

What technological advancements does Honda Jet offer?

• Over-the-wing engines and composite materials

• Solar-powered engines

• Vertical take-off and landing

• Autonomous flying capabilities

When did Honda Jet make its first delivery in Southeast Asia?

• Last December

• Last January

• Last February

• Last March

What is the current percentage of high-net-worth individuals in China using or owning business jets?

• 10%

• 18%

• 2.5%

• 5%

How is the profile of Honda Jet's customers changing?

• They are younger and focus on productivity

• They are seeking more luxury

• They are more interested in leisure travel

• They are becoming older

What is one of the biggest challenges Honda Jet faces as a new manufacturer?

• Limited production capacity

• Rising oil prices

• High labor costs

• Lack of technological innovation

What is Honda Jet's long-term goal in terms of market share?

• Achieve 40% market share

• Achieve 50% market share

• Achieve 60% market share

• Achieve 30% market share