updated 5/10/2010 3:46:34 PM ET 2010-05-10T19:46:34

A Honda Motor Co. Ltd. subsidiary says initial deliveries of a lightweight private jet being built in North Carolina are now more than two years away.

Honda Aircraft Co. spokesman Stephen Keeney said Monday delays in receiving unspecified major components from suppliers will force the delay until the third quarter of 2012.

Honda Aircraft began taking sales orders for its HondaJet in 2006, with initial deliveries originally scheduled late this year. Last year, however, the Greensboro-based company said Honda's first aircraft would be delayed until late 2011 because of supply delays.

The $4 million jet features a bullet nose and engines mounted above the wings. It still must be certified by the Federal Aviation Administration.

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.94%
$30K home equity loan FICO 5.19%
$75K home equity loan FICO 4.58%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.40%
13.40%
Cash Back Cards 17.92%
17.91%
Rewards Cards 17.12%
17.11%
Source: Bankrate.com