The Honda HA-420 HondaJet is the first light business jet developed by Honda Aircraft Company, a wholly owned subsidiary of the Honda Motor Company. This aircraft was designed in Japan and then manufactured in Greensboro, North Carolina in the United States.
Stratos Aircraft located at Redmond, Oregon had made an announcement in the month of July 2008 about making of Stratos 714 – a very light jet (VLJ) aircraft. The company had described the aircraft as owner-flown Very Light Personal Jet (VLPJ – A new terminology).
The airlines have to shell approximately $35bn (£27bn) per annum on the pilot’s salary at present and pilotless commercial flights would directly cut these expenses and in turn, can reduce the airfares substantially.