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Coming Soon: Japan’s First Airliner in 50 Years

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Mitsubishi Aircraft Corp. announces a test flight of the Mitsubishi Regional Jet for the second quarter of 2015. The plane seats 76-88 passengers and is designed for short haul flights. Deliveries would begin in 2017. This is Japan's effort to develop its aircraft industry. Mitsubishi has 375 orders. Bombardier of Canada and Embraer of Brazil dominate this segment of the market in a duopoly. Embraer is expected to retain its 61% of the market and Mitsubishi is likely to take 22% on the market for No. 2, with 4000 deliveries in the period 2017-2033, according to analysts. Shareholders in the company include Japan Development Bank and Toyota Motor.

Mitsubishi Heavy Industries and Japan's aircraft industry

09/24/2011

Grouped Articles

Coming Soon: Japan’s First Airliner in 50 Years

Wall Street Journal 10/16/2014

Challenges Remain for Japan Regional Jet

Wall Street Journal 09/24/2011

Mitsubishi Heavy Industries strategies

08/04/2011

Grouped Articles

Coming Soon: Japan’s First Airliner in 50 Years

Wall Street Journal 10/16/2014

Mitsubishi Heavy Weighs a Tie-Up With Hitachi

Wall Street Journal 08/04/2011

Mitsubishi Aircraft Corporation strategies

10/16/2014

Grouped Articles

Coming Soon: Japan’s First Airliner in 50 Years

Wall Street Journal 10/16/2014


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