Mitsubishi, Bombardier reach agreement to acquire CRJ program

MHI to acquire CRJ program. MHI will acquire the maintenance, support, refurbishment, marketing, and sales activities. Deal worth $550m in cash, $200m in assumed liabilities, $180m in a securitization program. Transaction to close first half 2020 subject to… Read More

magniX adds third customer for its electric engines

June 19, 2019, © Leeham News: AeroTEC and the electric motor airplane company magniX said today they have teams to retrofit the Cessna Grand Caravan with a 750 hp  powerplant, converting the single-engine PT-6-powered turbofan from “gas guzzling,… Read More

Mitsubishi adding two MRJ90s to flight test fleet

By Bryan Corliss April 24, 2019, © Leeham News: Mitsubishi is close to completing two additional MRJ90s that should join the company’s flight test fleet this summer. Mitsubishi Aircraft Corp. President Hisakazu Mizutani also reported last week that… Read More

2019 Outlook: A critical year for Mitsubishi’s MRJ regional jet

By Bjorn Fehrm Subscription Required Introduction January 8, 2019, © Leeham News.: Mitsubishi Aircraft’s MRJ should originally have entered service 2013. Now the plan is 2020, a record seven years of delay. But 2020 can be the last… Read More

Pontifications: Writing had been on the wall for years for Q400 sale; CRJ is next

Nov. 12, 2018, © Leeham News: The writing had really been on the wall for the past few years, regardless what the corporate line was: Bombardier was one day going to sell the Q400 program or shut it… Read More

Bombardier squeezed by ATR, Embraer, Mitsubishi

Subscription Required Now open to all Readers. Introduction Oct. 22, 2018, © Leeham News: Bombardier has a firm backlog of 67 Q400 turboprops. ATR has a backlog of 256 through Oct. 20, according to the Airfinance Journal Fleet… Read More

Pontifications: Market Intelligence from NY

Oct. 22, 2018, © Leeham News: I was in New York City last week for a series of meetings. Here’s what “the street” is talking about. I make no judgment calls about whether the thoughts are on target… Read More

Mitsubishi shouldn’t be worried over support following Boeing-Embraer deal: BGS chief

July 18, 2018, © Leeham News, Farnborough: Mitsubishi’s MRJ will be supported even if Boeing and Embraer complete a deal to form a new company in which Boeing is an 80% shareholder. Embraer’s E175 and E190 jets will… Read More

MRJ’s GTF flameout traced to manufacturing issue

Editor’s note: The Farnborough Air Show begins next week. Mitsubishi is expected to have a flying display of the MRJ90 at an international air show for the first time. This is the last of three stories from Mitsubishi’s… Read More

Laser focus for MRJ program

Subscription Required By Dan Catchpole July 3, 2018, © Leeham News: It’s been two years since a small army of Japanese aerospace workers landed in Moses Lake, a sleepy former Air Force base town in rural Central Washington…. Read More