Japan Announces $33 Billion Project to Develop Next-Generation Passenger Plane

The ambitious initiative aims to introduce a hydrogen or alternative energy-fueled aircraft by 2035, marking a significant move towards sustainable aviation.

• Japan's Ministry of Economy, Trade and Industry is spearheading a $33 billion project to create a next-generation passenger plane.
• The project seeks to introduce a domestically produced aircraft by 2035, fueled by hydrogen or other alternative energy sources.
• This initiative comes after Mitsubishi Heavy Industries scrapped its regional jet project, highlighting a shift in Japan's aviation strategy.
• The collaborative effort involves domestic and foreign manufacturers, airlines, and energy-related organizations, aiming for carbon-neutral aviation.
• Japan's venture into sustainable aviation technology represents a significant challenge to industry giants like Boeing and Airbus, aiming for a carbon-neutral future by 2050.

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