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Japan Allocates $33B to develop next-gen airliner to Challenge China’s COMAC

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Japan Allocates $33B to develop next-gen airliner to Challenge China’s COMAC

In a bid to revitalize its aviation industry and avoid past setbacks, Japan’s government has unveiled an ambitious plan to collaborate with the private sector on the development of a next-generation passenger aircraft. 

The plan, announced by Japan’s Ministry of Economy, Trade and Industry on March 27, aims to harness the collective expertise of multiple companies while setting new technology standards.

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Speaking at the unveiling, Kazuchika Iwata, vice minister of economy, trade, and industry, emphasized the transformative potential of the project.  “We aim to transform the aircraft industry from being component suppliers to one that can take the initiative in providing value-added products,” stated Iwata.  

He highlighted the importance of leveraging both public and private knowledge, drawing from the experiences learned from previous endeavors such as the ill-fated Mitsubishi Heavy Industries’ SpaceJet. 

Central to the project’s objectives is the exploration of advanced propulsion systems, particularly hydrogen-combustion engines, aiming to surpass conventional jet engine technology.  Japan Allocates $33B to develop next-gen airliner to Challenge China’s COMAC

(www.eurasiantimes.com)

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