The plan was outlined in the government's aircraft industry strategy, which was endorsed the same day. The strategy aims to mobilize a combined
The new aircraft is expected to be fueled by hydrogen, among other options, but not traditional jet oil, as the growing push for decarbonized transport options drives innovation. In recent years, global airlines have started using sustainable aviation fuel, or SAF, made from materials such as waste food and plants.
The aircraft industry is expected to be a growth driver for
The latest move came after Mitsubishi Heavy pulled the plug on its project to roll out
The development of the SpaceJet, formerly known as the Mitsubishi Regional Jet, began in 2008 with the help of
Mitsubishi Heavy made military aircraft, including the Zero fighter, during World War II.
Industry experts say that the company's strategy to stick to in-house development rather than collaborating with outside talent was partly responsible for the failure, which eventually cost around
The new aircraft development project is likely to involve multiple companies instead of a single firm, the government strategy indicated.
"It is our mission to take full advantage of know-how and experiences (gained from the regional jet project)," said
The panel cited a combination of factors that led to the failure of the regional jet project, including uncertainty surrounding the market environment and insufficient government engagement in the process.
However, the panel also said that the foundation for developing new aircraft has been nearly laid, along with an accumulation of talent and know-how.
The development of the new plane is expected to leverage
==Kyodo
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