Mitsubishi Aircraft's foray into the regional jet market is a challenging endeavour. Japan has not made a commercial aircraft since the NAMC YS-11 in the 1960s, and there is competition from another newcomer - China - as well as sector leaders Bombardier and Embraer.
But Mitsubishi Aircraft president Hideo Egawa points to several
factors working uniquely in the MRJ's favour. These include rival
Comac's focus on China's large domestic market and the fact that it is
using its political connections to prod Chinese airlines to buy the
90-seat ARJ21-700 regional jet and 150-seat C919 passenger aircraft.
China's political allies in the developing world are its export targets. Continue reading...