The Japanese government is planning to develop the country's first passenger jet in a joint venture with Mitsubishi Heavy Industries Ltd. and subsidize up to 30 percent of the costs, a newspaper reported Wednesday.
The proposed airliner will come in 72- and 92-seat versions and enter service in 2012, the Nihon Keizai newspaper said, without saying where it got the information. Japan's Ministry of Economy, Trade and Industry is leading the project, which is expected to cost 120 billion yen ($1.03 billion), the report said.
The project would be Japan's first venture into a lucrative commercial aircraft market controlled mostly by U.S.-based Boeing Co. and Europe's Airbus. Japan has no homegrown large-scale aircraft maker, although Japanese manufacturers have been supplying Boeing with parts for decades.
The airliner would aim to be at least 20 percent more fuel efficient than competing aircraft, the newspaper said.
Mitsubishi Heavy and its partners plan to begin market research by year's end to determine sometime next year whether to go ahead with the project, the Nihon Keizai said. Between 50 to 100 aircraft are expected to be manufactured and sold each year.
Mitsubishi Heavy believes 350 to 600 aircraft orders are needed for the project to be profitable, the report said.
Rolls-Royce PLC will likely supply the aircraft's engines, it said.
Gravity explains the motions of the planets, but it cannot explain who set the planets in motion.
Centrair From Japan, joined Jan 2005, 3598 posts, RR: 20
Reply 1, posted (7 years 10 months 4 weeks 12 hours ago) and read 2902 times:
Mitsubishi....what a company. Maker of the Zero, worked on F1, F2, T2, F-4EJ, F-15J, SH-60K, SH-60J, UH-60J, S-92, TS-1 engine, parts supplier for the 787, 777, 767, 747, 737, A380, A330, A319/20, Global Express, Q-400, CRJ-700, CRJ-900, Challenger 300, Trent1000 engine,V2500 engine and PW4000 engine.
They have just a little experience with aerospace.
The article says about going up against Boeing and Airbus but I think its more like Bombardier and Embraer. Neither Boeing or Airbus are dominant players in the under-100 seat market.
Will be interested to see how this pans out.
Yes...I am not a KIX fan. Let's Japanese Aviation!
with identical information. I wonder how they plan to reduce the costs by 20%, any ideas? In a smaller plane relatively more of the overall costs come from airline-specific things like salaries, landing fees, overflight fees and the sort. And substituting lighter materials isn't a panacea either, since Embraer & co have probably already done that to a large extent, and in a small plane the difference isn't that much to begin with, as demonstrated by the fact that A&B have only managed to shave 3-4% off the costs of A320 and B737NG by applying known construction tricks to those models. (this in calculations only, of course, as they haven't built prototypes)
Lumberton From United States of America, joined exactly 9 years ago today! , 4708 posts, RR: 20
Reply 6, posted (7 years 10 months 4 weeks 9 hours ago) and read 2500 times:
From the article:
Quote: The proposed airliner will come in 72- and 92-seat versions....
Wasn't there talk awhile back about the next generation NB offering from Boeing having a 100-110 seat version? If this happens, the Japanese offering will be positioned right below it so as not to "infringe" on that market. This aircraft is definitely aimed at the heart of Bombardier & Embraer.
"When all is said and done, more will be said than done".
Tangowhisky From United States of America, joined Jun 2006, 908 posts, RR: 7
Reply 7, posted (7 years 10 months 4 weeks ago) and read 2184 times:
Quoting Joni (Reply 3): I wonder how they plan to reduce the costs by 20%, any ideas?
In today's Flight there is a picture of the jet. They are talking to RR for an all new engine.
Quoting Lumberton (Reply 6): Wasn't there talk awhile back about the next generation NB offering from Boeing having a 100-110 seat version?
Quoting DEVILFISH (Reply 2): This could have the folks behind the ARJ and Russian Superjet worried
MHI has had several false starts in the RJ market. About 4 years ago, they were looking at 50 seat RJ when this market was beginning to mature. Then they switched to the 70 seat market. I believe they are serious about getting into the passenger jet market but want to make sure that they can compete and that there will be a market for their ambitions. At the same time they are hinting to Boeing and Airbus that they are tired of building parts and by illustrating that they could get $1B US from their governments, they are a large engineering company engaged in various heavy industry businesses, they have the means to enter this market. Successfully or not, is another thing.