Honda Aircraft has settled a lawsuit with Jet-It, one its biggest customers. [Courtesy: Honda Aircraft]
Key Takeaways:
Honda Aircraft Co. has ended its breach-of-contract lawsuit against fractional company Jet-It following a confidential settlement agreement.
The lawsuit was filed by Honda alleging Jet-It violated agreements and made "disparaging comments."
Jet-It's CEO had previously claimed significant losses due to poor HondaJet reliability and inadequate customer service, leading the company to add Embraer Phenom 300 aircraft.
Honda Aircraft states that Jet-It remains an "important customer" and will continue to receive service and support despite the concluded legal dispute.
Honda Aircraft Co. has ended its lawsuit against the fractional company Jet-It. The company said in a statement that it has “reached a confidential settlement agreement” with Jet-It that resulted in dismissal of the lawsuit.
Honda Aircraft, also known as HACI, said Jet It “continues to remain an important customer to HACI, and HACI will continue to provide service and support.”
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Jonathan Welsh is Lead Editor of Aviation Consumer and a private pilot who worked as a reporter, editor and columnist with the Wall Street Journal for 21 years, mostly covering the auto industry. His passion for aviation began in childhood with balsa-wood gliders his aunt would buy for him at the corner store. Follow Jonathan on Twitter @JonathanWelsh4
