Re: Toyota considering Aviation industry launch
again i refer you to this specific point
promising--and highly profitable--aerospace unit. That division makes F-2 fighter jets, commercial rockets, and crucial wing parts for Boeing Co. and Airbus Industrie jumbo jets. Last year, the division earned $277.5 million--42.4% of the company's total operating profit--on $3.9 billion in sales. "They're a world-class business in aero-engine manufacturing," says Roger Pratt, head of the Tokyo office of British engine maker Rolls-Royce PLC, *
so it does not look like they are too inefficient in their aviation business
PS: a reference from 1990 is still not relevant.