On Sept 10, Honda Aircraft cancelled the sale of 23 HondaJet HA-420 aircraft to Volato for $161.6m.
On September 10, Honda Aircraft terminated its fleet purchase agreement with Volato, which involved the sale of 23 HondaJet HA-420 aircraft for $161.6 million, originally signed in May 2023. The reasons for the cancellation were not disclosed, and Honda will keep Volato's deposits. Volato can now pursue individual agreements for the aircraft. The effects on Volato's clients and its relationship with FlyExclusive remain unclear.
September 21, 2024
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