You need three things to create a successful startup: to start with good people, to make something customers actually want, and to spend as little money as possible. Most startups that fail do it because they fail at one of these. A startup that does all three will probably succeed.
Four of the five delays were caused, at least partly, by failures to document work for certification or similar failures. As a result, development cost ballooned to 350 billion yen (US$3.17 billion) implying that the project might never be able to fully recover its costs.
The scope clause's goal is to protect the union pilots' jobs at the major airline from being outsourced by limiting the regional airlines' passenger capacity.1(https://en.wikipedia.org/wiki/Scope_clause#cite_note-1) These clauses exist primarily in the United States, Canada, and Mexico.
Productivity—always an issue—has also become a greater pain point. With most aerospace companies focusing on immediate supply chain and labor issues, few have explored long-term strategies for increasing efficiency. They now significantly lag behind other sectors in digitizing manual processes, and the gap widens each year. Operational excellence remains elusive, with many airframers and suppliers struggling to meet their commitments.
The awareness of a sustainable/green economy and long-term energy security has given rise to substantial global momentum in the search for alternative energy sources. The carbon-free nature of green hydrogen production and use, and the versatility of both hydrogen production sources, as well as its end-use applications, have resulted in an unprecedented focus on hydrogen. In 2022, 26 countries have set national hydrogen strategies which forecast 145–190 GW total green hydrogen production capacity by 2030
Hydrogen fuel cells offer a zero-emission power source solution for future sustainable aircraft and are a competitive technology for eVTOL, CS-23 and CS-25 class aircraft, (potentially up to 100 seats), as well as for APUs within future wide body aircraft. Aircraft manufacturing primes Airbus and Embraer have launched their own hydrogen fuel cell aircraft development programmes, ZEROe and Energia respectively, in order to leverage the benefits of hydrogen.
An additional headwind was the nearing U.S. election. “If [Donald] Trump were to win, investors saw a significant risk that the massive green hydrogen subsidy enacted as part of the Biden Inflation Reduction Act would disappear,” Eremenko wrote.