At the European Business Aviation Convention and Exhibition in Switzerland on Monday, the Honda Aircraft Company officially debuted the next in its series of small business jets — the $7 million Elite II.
According to the manufacturer, the new model will replace the Elite S, as well as the original Elite and HondaJet, meaning customers can only buy the Elite II.
The company has supported the expansion with a new authorized service center and training facility in Europe. Honda Aircraft Company
The aircraft has already received certification from the Federal Aviation Administration and the European Union Aviation Safety Agency, the company confirmed to Insider.
The manufacturer has already solidified a 25-strong order from private charter company Volato in a deal worth $174 million. The company said it expects to receive all of the planes by the end of 2025.
Volato is a startup private charter company that only launched revenue operations in August 2021. Customers can choose to be fractional owners of one of its planes or pay for a one-off charter.
Since its launch, the operator has grown with more aircraft and bases and has become a popular private charter option for deep-pocket travelers.
A Volato HondaJet Elite. Thomas Pallini/Insider
"This new order will allow us to meet the growing demand for private air travel customers who are looking for the most efficient and most luxurious cabin in the very light jet class," Volato CEO Matt Liotta said in a May press release.
Flying on Volato's $5 million HondaJet. Taylor Rains/Insider
Like Volato's current fleet of HondaJets, the Elite II can seat up to five passengers and two pilots, with two sets of swiveling loungers and stowable tables in the main cabin…
However, with a range of 1,547 nautical miles (1,780 miles), the Elite II can journey 110 nautical miles (126 miles) further than its Elite S predecessor, which has a range of 1,437 nautical miles (1,654 miles).
In fact, when the jet enters service, it will be the fastest, highest, and longest-ranged private aircraft in its class with a maximum speed of 485 miles per hour and a cruising altitude of up to 43,000 feet.
Moreover, the Elite II's improved efficiency will reduce fuel consumption by an average of 8,000 gallons per year, which can be attributed, in part, to its two GE Honda Aero HF120 engines.
Moreover, it allows for more space in the aft luggage compartment because the engines do not create an indent in the fuselage, according to the company.
A Volato HondaJet Elite storage compartment. Thomas Pallini/Insider
While current HondaJets are commonly seen with grey or red paint jobs, the new Elite II can be wrapped in a bold new black livery, which "further differentiates the ramp appeal of the aircraft."
…while steel features a grey color scheme with marble accents. HondaJet said the reimagined looks offer a "modern luxury of flight experience" and creates a "tranquil space for both passengers and pilots."