From Honda Wiki
The S-wing is a Scooter (motorcycle) made by Honda. The S-wing model is new for 2007 and replaces the Honda Pantheon scooter which was discontinued. Officially it is known as the FES125-7, and the Pantheon was the FES125-6. There are two engine sizes available in different markets, in 125cc and a 150cc versions, and ABS is also available in some markets.
The S-wing has a different engine specification from the Pantheon engine in order to allow for Euro3 emission regulations. This is basically the same engine as fitted to other Honda scooters, including the PS125i and the SH125i. The S-wing sits marginally above these two scooters in terms of finish levels and price.
A large screen, side stand, and centre stand come as standard. The scooter gauges also include a fuel meter which measures kilometres/miles per litre.
The S-wing is made in Spain for the European market, and is not available in Honda's home country (Japan).