Word: planes
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...market for large jetliners; Bombardier and Brazil's Embraer are entrenched as leaders in regional jets and turboprops. Indonesia discovered just how treacherous the market can be in the 1990s when that country's government tried to bootstrap an aircraft-manufacturing industry by building 100-seat turboprop planes. The venture failed following Asia's 1997 financial crisis when it lost government funding. During the 1960s, a Japanese consortium that included Mitsubishi Heavy Industries and Fuji Heavy Industries built a 60-passenger turboprop - the YS11 - but the plane never found much of a market outside Japan and production was halted...
...Meeting delivery dates will be only ACAC's first step in establishing itself as a player in the aviation trade. Potential buyers will want assurances that service and maintenance needs can be met for decades to come. "If a plane is sitting on a runway, an airline can't wait three days for a part," says John Bruns, head of Boeing's commercial operations in China. Competitors such as Bombardier have extensive global networks to ensure parts availability and to provide operators with support. China will need to build its own global support system virtually from scratch...
...least $6 billion to produce a 150-seat jetliner that by 2020 could be competing with the Boeing 737 and Airbus A320. "The ARJ21 is just the start for us," says ACAC's Luo. "Really, the sky's the limit." First, though, you've got to get the plane off the ground...
...cost more than $100 each hour to rent. Cash-strapped flight aficionados shouldn’t lose hope, though. After negotiating with Hanscom Field in nearby Bedford, Beica is hoping for at least a 5 percent discount on rentals. Additionally, the club would split the costs of renting a plane among members. The ranks of the trained-but-unable (as well as the untrained, wannabe Tom Cruises a la “Top Gun”) are sizeable. Beica received 72 responses to a mass introductory e-mail he sent over House lists...
...freshman quarterback Collier Winters got the ball to the 1-yard line, but the three Harvard runs that followed netted almost nothing, forcing the Crimson to turn the ball over on downs with the ball sitting about as close to the goal line as possible without breaking the plane.“It was really, really frustrating to leave the ball on the one-inch line down there,” Murphy said.But after forcing a three-and-out on the ensuing Big Red drive, Harvard got the ball back, handing the ball to sophomore running back Cheng...