Honda Aircraft has settled a lawsuit with Jet-It, one its biggest customers. [Courtesy: Honda Aircraft]
Key Takeaways:
Honda Aircraft Co. and fractional company Jet-It have reached a confidential settlement, leading to the dismissal of Honda's breach-of-contract lawsuit against Jet-It.
Honda Aircraft stated that Jet-It remains an "important customer" and will continue to receive service and support.
The lawsuit followed public claims by Jet-It's CEO of significant losses due to poor HondaJet reliability and inadequate customer service, prompting Jet-It to add Embraer Phenom 300 aircraft to its fleet.
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.”
CREATE A FREE ACCOUNT
Sign up to keep reading
Create a free account to continue. Already a member? Sign in below.
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
