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Mitsubishi Responds

After the December 24th briefing from Mitsubishi, we had some questions which we emailed to Japan.  It is a tough time of the year to get people, but we were fortunate that the company had  people in place and were…

MRJ Delayed for a Year

Mitsubishi announced their telegraphed delay overnight -MRJ delayed for a year.  This the the slide deck the company provided: 20151224_Update on MRJ Development Status In its PR note the company states: “The first flight and the subsequent flight tests have…

Air Lease Corporation sells ATR Fleet

Late in the evening yesterday an intriguing note arrived. “Air Lease Corporation (ALC) announced the sale of 25 ATR aircraft in its fleet to Nordic Aviation Capital A/S (“NAC”). These ATR aircraft have served ALC well in meeting the demand…

E2 on schedule

Take a look at this Bloomberg story.  The key here is: “The first flight of the plane is projected to be in next year’s second half, Embraer said by e-mail, ahead of a planned commercial debut in 2018.” Embraer has…