Pride before a fall: Why Mitsubishi Aircraft's SpaceJet project is grounded
The SpaceJet was launched in 2008 as the Mitsubishi Regional Jet (MRJ). Its first delivery, initially planned for 2013, has been delayed six times and cost ¥1 trillion so far.
Mitsubishi Heavy mulls near-freeze of regional jet development
Delivery of the Mitsubishi SpaceJet, previously called the Mitsubishi Regional Jet, has already been put back from 2013 to 2021.
Mitsubishi Aircraft to scale down passenger jet development operation and cut half of workforce
The company will close all of its overseas bases except for a flight test site in the U.S., a source said.
Mitsubishi Aircraft to slash over half its workforce in restructuring move
Mitsubishi Heavy Industries' struggling aircraft unit will also close its U.S. headquarters, a development center in Canada and offices in the U.S. and Europe.
Mitsubishi Heavy Industries Ltd. is planning to slash the number of employees working on its struggling regional jet business amid bleak demand for aircraft due to the coronavirus pandemic, sources close to the matter have said. The plan, revealed Friday, comes as its aircraft subsidiary, ...
Mitsubishi Heavy to halve budget for delay-prone passenger jet project
Mitsubishi Heavy Industries Ltd. said on Monday it will halve the budget for its problematic passenger jet project to ¥60 billion for the year ending next March. The decision on the midsize SpaceJet comes as the company's bottom line takes a beating from the coronavirus ...
Mitsubishi Aircraft has 'hundreds' of airline commitments for SpaceJet M100, exec says
Japan's Mitsubishi Aircraft Corp. has unannounced commitments from customers to buy hundreds of its SpaceJet M100 regional jets, but its first focus is on certifying its larger introductory model, the M90, a senior executive said on Tuesday. The company's biggest shareholder, Mitsubishi Heavy Industries, last ...
SpaceJet, the first Japan-built airliner in 50 years, delayed for sixth time
Mitsubishi Heavy Industries Ltd. has delayed the debut of its regional jet for the sixth time, raising questions about whether years of investment in the SpaceJet were worth the effort. Deliveries of the aircraft, which had been slated for the middle of this year, will ...
Mitsubishi Aircraft again delays passenger jet delivery, this time until next year — or later
Mitsubishi Aircraft Corp. plans to push back the first delivery of its small passenger jet to next year or later in its sixth schedule delay, a source familiar with the matter has said. The Mitsubishi SpaceJet, previously Mitsubishi Regional Jet, was scheduled to be delivered ...
Mitsubishi Heavy Industries Ltd. is reviewing a test flight plan for the SpaceJet small passenger jet currently in development, the firm's president said Wednesday. The review, partly to see whether the first delivery of the aircraft should be moved back further, reflects delays in the ...
U.S. airline cancels Mitsubishi's contract to supply up to 100 jets
Mitsubishi Aircraft Corp. announced Thursday that its contract to provide up to 100 units of Japan's first homegrown small passenger jet to Trans States Holdings Inc., a United States operator of three regional carriers, had been canceled. The manufacturer said its SpaceJet M90, which can ...
Mitsubishi and Mesa to explore potential 100-plane SpaceJet deal
Mitsubishi Aircraft Corp. saw a boost this week to sales of its long-delayed SpaceJet regional aircraft, as Mesa Air Group Inc. signed a pact to negotiate a potential 100-plane deal. The memorandum of understanding, signed Thursday, calls for Mitsubishi and Mesa to discuss terms for ...
