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Development of SpaceJet regional jet to be frozen by Japan’s Mitsubishi Heavy

Development of SpaceJet regional jet to be frozen by Japan’s Mitsubishi Heavy

As finances are getting squeezed due to the COVID-19 pandemic, the development of the SpaceJet regional jet is set to be frozen by Mitsubishi Heavy Industries. According to two sources, this has led to reduction in prospects for the first passenger aircraft in half a century by Japan. On October 30th, a medium-term business plan will be announced along with the decision to freeze the project.

David
David
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