In the clouds: Indonesia sets new goal as N-250 makes first flight
Article Abstract:
A successful first flight for Indonesia's new N-250 commercial airplane led to an announcement of a plan for a mid-range jet aircraft to be finished in 2003 or 2004. Research and Technology Minister BJ Habibie says the N-250 has cost only $400 million so far of the $650 million budgeted, and that 192 firm orders leave the program just 67 orders short of breaking even. Experts say the new, $2 billion plan is even more ambitious, entering a fiercely competitive arena. Habibie's son, a former Boeing engineer, will head it up.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Down to the wire: will Indonesia'a N-250 fly - on time?
Article Abstract:
Indonesia's N-250 airplane faces a tough schedule as the manufacturer, Industri Pesawat Terbang Nusantara, races to get it flightworthy by Aug 17, 1995. That is the 50th anniversary of Indonesian freedom, making the plane a political test for technology minister BJ Habibie. Insiders cite a number of problems, not least the plane's complexity - it will be the first turboprop with electronic control of rudder, elevators, and ailerons. The $13.5 million plane will be made commercially in the US if investors are found.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Mobile home: Indonesia'a state-owned aircraft maker banks on U.S
Article Abstract:
Mobile, AL, offered Indonesian state-run aircraft maker Industri Pesawat Terbang Nusantara a range of services and special incentives to locate its new plant for the N-250 there. The seaport city already has ties to several overseas manufacturers, including a unit of Singapore Aerospace. City officials went to some lengths to make the Indonesians comfortable, and offered tax deferments, low utility rates, free recruitment and training of 500 workers, and expertise in exhibiting at global air shows.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Day of reckoning: Indonesia faces a new era as an oil crunch looms. Power hungry: Vietnam needs more electricity to push it to 2010
- Abstracts: New kid in town: India's new bourse gains from rival's woes. Paper cuts
- Abstracts: Big thinkers. Mind the gap: Malaysia's surging trade deficit prompts concern. Heat stroke?
- Abstracts: China sets rules for Taiwan: Beijing lays down terms regarding post-1997 Hong Kong. A new China-Taiwan scenario: an accord to end current stalemate is still possible