Mitsubishi and Mesa to explore potential 100-plane SpaceJet deal

Business Sep 6, 2019

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 ...

Four Japan firms fined in South Korea for auto parts bid-rigging

Business Aug 5, 2019

Four Japan firms fined in South Korea for auto parts bid-rigging

South Korea's fair trade commission has ordered four Japanese companies to pay fines totaling 9.2 billion won (¥803 million) for rigging bids on auto parts supplied to South Korean automakers. According to media reports Sunday, the four are Mitsubishi Electric Corp., Hitachi Automotive Systems Ltd., ...

Mitsubishi weighs buying Bombardier's regional-jet unit

Business Jun 6, 2019

Mitsubishi weighs buying Bombardier's regional-jet unit

Bombardier Inc. is in talks to sell its CRJ regional jet program to Mitsubishi Heavy Industries Ltd., a move that would end the Canadian industrial champion's involvement in commercial aircraft. Both sides confirmed they were in discussions after the Air Current reported Wednesday that negotiations ...