Japan will make its own airplane

http://www.nytimes.com/2013/04/10/business/global/japan-re-emerges-in-the-aerospace-arena-with-a-new-jet.html?partner=rss&emc=rss&_r=0

If all goes well this year, Mr. Kawai, now 65 and president of the Mitsubishi Aircraft Corporation, will preside over Japan’s biggest aviation comeback since the war. In late 2013, the company plans the first flight of its Mitsubishi Regional Jet, a sleek, 90-seat commercial plane that is Japan’s bid to break into the industry’s big leagues after almost 70 years.

“For decades, we were confined to supplying parts for other passenger jets. But we’re finally heading into new territory,” Mr. Kawai said in a recent interview at Mitsubishi Aircraft’s Tokyo office.

Competition such as this can only be healthy. I’m sure the Japanese will do a great job building planes. I think we should rejoice.