Negotiations for the purchase of three German transport planes, sister craft of the Condor 200, are now under way between the Japan Aviation Company and the Focke-Wulf Aircraft Company, the "Tokyo Nichi-Nichi" disclosed today.
The contract calls for the payment of Y.800000 for each plane which will be the highest price paid for a foreign-built plane by Japan.
Because of the foreign exchange control law, the Finance Ministry is Said to be studying measures to meet the payment in soya beans and othend products of Manchoukuo equivalent to Y.2400000. This arrangement, the "Nichi-Nichi" says, will be made in accordance with the revised trade greement recently concluded between Germany and Manchoukuo.
The Japan Aviation Company was recently organized through the merger of the Japan Air Transport Company and the International Aeronautical Company.
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