Mitsubishi Aircraft Co.'s new jet liner MRJ is displayed during the roll out ceremony at the company's Komaki south plant in Komaki, central Japan, Saturday, Oct. 18, 2014. (AP Photo/Kyodo News)
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Japan's first passenger jet was unveiled Saturday after a delay of almost four years, with a helping hand from bullet-train specialists as test flights were set for next year.Mitsubishi is building 78- and 92-seat versions of the plane, developed at a cost it estimates at 180 billion yen ($1.7 billion).Mitsubishi Aircraft targets winning half the global market for regional aircraft over the next 20 years as Bombardier focuses on its new CSeries jets, also delayed, which will be able to carry as many as 160 passengers.The world fleet of jets seating 70 to 130 passengers will increase to about 6,580 by 2033, from 3,850 last year, as travel demand increases, according to forecasts from Brazil's Embraer.The company expects global demand for regional jets to be about 5,000 planes over the two-decade period to 2030 .Japan's Honda Motor Co. is developing a small business jet that can seat up to six passengers, and is set to be delivered to customers next year.
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