Honda Aircraft abruptly terminates major fleet deal with Volato, raising concerns over future operations
Honda Aircraft Company has taken the drastic step of terminating its Fleet Purchase Agreement with Volato Group, Inc., a move that leaves the private aviation company scrambling to recalibrate its growth strategy. The deal, signed in May 2023, involved the acquisition of 23 HondaJet HA-420 aircraft worth $161.6 million, with deliveries scheduled from late 2023 […]