News from Japan a few minutes ago says Mitsubishi Heavy Industries is shutting down the development of the SpaceJet. The decision is expected to be announced on Tuesday when MHI presents its FY22 results. Termination of the program, which has been anticipated since...
Mitsubishi Heavy Industries (MHI) has fully impaired costs and assets related to the SpaceJet regional jet program, making it ever more unlikely that the project will ever re-start again. The impairment of ¥80.599 billion ($573 million) is mentioned in MHI’s financial...
The results this year of the Aero Structures business of Mitsubishi Heavy Industries (MHI) will depend entirely on the production rates of the OEMs, in this case mainly Boeing. While order intake and revenues of the CRJ regional jet program are expected to grow...
Mitsubishi Heavy Industries (MHI) remains tight-lipped on the future of its SpaceJet commercial aircraft program but confirms to AirInsight that a restart is still under evaluation. The Japanese company has been winding down the program since 2020, but apparently,...
To bring you more aviation news, Airinsight introduces News in Brief. During August, we compile a rolling story by date with news that is sometimes too small for a deep analysis but still interesting enough not to be missed. 30 – Virgin Australia will grow its...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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