Bradley Perrett covered China, Japan, South Korea and Australia. He is a Mandarin-speaking Australian.
Before joining Aviation Week in 2006 he was a macroeconomics, politics and aerospace journalist with Reuters. Perrett holds a bachelor’s degree in law from Macquarie University, Sydney. He left Aviation Week in 2020.
Jamco's costs are mainly in yen and its sales contracts are mainly in dollars. With the yen now 60% higher than it was five years ago, that hurts. The root of the problem is the same Western economic weakness that is hurting defense manufacturers. Transmitted through low U.S. and European interest rates and the risk of the euro zone breaking up, it turns up in Japan as an excrutiatingly high exchange rate. And it affects mainly civil aerospace exporters like Jamco, one of the world's biggest makers of airliner interiors.
Mitsubishi Aircraft is set to announce a second delay to the MRJ schedule amid undisclosed development difficulties, easing pressure on Embraer to move quickly in upgrading the rival E-Jet.
Embraer’s study of an upgrade for its family of E-Jets should be completed by the end of 2012, with Rolls-Royce now among the three engine makers being considered by the Brazilian airframer.
