Tuesday, 16 February 2016

Mitsubishi in US$940m regional jet deal with Aerolease

Mitsubishi Aircraft Corp, a unit of Mitsubishi Heavy Industries Ltd, struck a deal to supply 20 MRJ jets valued at about US$940 million at list prices to US leasing firm Aerolease, its first agreement with a lessor.

Mitsubishi has struggled with multiple delays in its effort to enter the regional jet market, dominated by Canada's Bombardier Inc and Brazil's Embraer SA.

In December, Mitsubishi said it would delay the first delivery of its MRJ regional jet, originally slated for April-June 2017 to Japan's ANA Holdings Inc, by around one year from the original plan.

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