Asian upstarts eye global aircraft market

Indonesia is about to roll out its first passenger plane, one of several smaller, home-grown aircraft being studied in Asia, designed especially for short hops across the region's emerging markets, where air travel is booming. PT Dirgantara Indonesia's 19-seat N219, which cost US$400m and took just over 5 years to make, is scheduled to make its first flight in June and start deliveries in 2018. South Korea is mulling a 100-seat aircraft, and India has considered a 70-90 seater. Novices in a highly competitive industry, these largely state-owned manufacturers are betting on growing passenger numbers and an increase in short flights operated by small, efficient craft. The planned craft would be smaller than the Airbus 320 or Boeing 737, which seat between about 150 and 190 passengers. <br/>
Reuters
http://www.reuters.com/article/asia-aerospace-idUSL3N16M1VL
3/28/16