Look at the line about “with Boeing 787-based carbon-fiber construction”. The MBA suits at Boeing thought that it was a great idea to outsource critical technologies to “risk sharing partners”.

It has funded competitors in its own market.

This is stupider than when Coke decided not to buy Pepsi in 1933.

State Subsidy Plan Lifts Mitsubishi’s RJ Hopes(Subscription Required)
Aviation Week & Space Technology
06/11/2007, page 43

Bradley Perrett
Beijing

Plan for state aid buoys Mitsubishi’s aspirations for a regional jet

Printed headline: RJ Funding

A key Japanese government department plans to allocate ¥40 billion ($330 million) in subsidies for a Mitsubishi Heavy Industries project for a large regional jet, greatly increasing the likelihood of the country finally establishing itself as a supplier of commercial aircraft.

With Boeing 787-based carbon-fiber construction and new engines, the proposed Mitsubishi aircraft could present a serious challenge to Embraer, Bombardier and two other companies developing such jets, Sukhoi and China’s Avic I.”

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