CLEAN : Asian plane makers struggle to take off in crowded market

Developing a new aircraft is a monumental task, with few OEMs capable of doing so. The journey involves overcoming challenges and achieving certification. Competing with established OEMs like Boeing and Airbus is difficult, but Mitsubishi focuses on regional jets, a market segment often overlooked. The quality of Japanese manufacturing is highly anticipated by airlines eager for a Japanese aircraft to enter the market.

What is one of the main reasons why there are few OEMs developing commercial aircraft?

• Lack of skilled labor

• Limited market demand

• The complexity and challenges involved

• The high cost of materials

Which two companies have long dominated the global aircraft industry?

• Bombardier and Mitsubishi

• Lockheed Martin and Embraer

• Boeing and Airbus

• Cessna and Gulfstream

What is Mitsubishi's primary focus in the aircraft market?

• Optimizing aircraft for regional air travel

• Developing military aircraft

• Entering the cargo aircraft market

• Competing with Boeing in large airplanes

What aspect of Japanese manufacturing is highlighted in the transcript?

• Innovation in design

• Speed of production

• Quality of products

• Cost-effectiveness

Why are airline customers excited about Mitsubishi's entry into the market?

• They bring high-quality Japanese manufacturing

• They offer the cheapest aircraft

• They have the fastest production times

• They have the largest aircraft