Old 02-01-2011, 07:18 AM
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Default Trans States signs LOI for up to 100 MRJs





Trans States firms up order for up to 100 MRJs
By Kerry Reals

US regional operator Trans States Holdings has firmed up its letter of intent for up to 100 Mitsubishi MRJ jets.


The carrier has signed a firm deal for 50 MRJs plus 50 options.
Deliveries are scheduled to begin in 2014.


source: Trans States firms up order for up to 100 MRJs

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More:

Mitsubishi Closes On Big U.S. RJ Deal : AINonline


Mitsubishi Closes On Big U.S. RJ Deal

By: Gregory Polek
February 1, 2011
Aerospace Industry, Regional Airlines, Air Transport and Cargo Aircraft
St. Louis-based Trans States Holdings (TSH) signed a firm order for 50 Mitsubishi Regional Jets and secured options on another 50, Mitsubishi Aircraft announced today during a ceremony held in Nagoya, Japan. The sides finalized and executed the so-called definitive purchase agreement on December 27, almost 15 months after TSA signed a letter of intent to become the first U.S. customer for the 76- to 88-seat family of regional jets.

“We have been very excited about the MRJ program for a long time, and we are extremely pleased to conclude this major order on December 27 last year reaffirming the 100 aircraft commitment we made with our LOI,” said TSH president Rick Leach during today’s ceremony in Nagoya. “Since that launch order, we have learned a lot about the quality of the Mitsubishi Aircraft team and the quality of the MRJ aircraft. Both have given us great confidence. In addition, many good things have happened with the MRJ itself. Mitsubishi Aircraft has entered the production drawing phase for the MRJ and continues to proceed with the manufacturing process.”

Accompanied by Mitsubish Aircraft president Hideo Egawa, Leach also visited the Mitsubishi Heavy Industry’s Tobishima Plant, where the project’s various partners expect final assembly of the MRJ to start soon.

The start of MRJ production—marked by the cutting of the first metal by MHI on September 30--signaled the successful conclusion of last summer’s detailed design review, during which MHI froze the final configuration of the 88-seat MRJ90 and reached conclusions about the changes needed for the 76-seat MRJ70 and the still unlaunched 100-seat MRJ100X. Following MHI’s lead, project partners launched manufacturing of the various components for which they have taken responsibility, based on production drawings now in process.

Plans call for the MRJ90 to fly for the first time in 2012, gain Japanese certification in late 2013 and enter airline service during the first quarter of 2014. The MRJ70 would likely gain certification approximately a year later. The MRJ100X remains in the preliminary design phase. Still lacking a customer, that airplane likely won’t reach the market until 2016 or 2017, depending on when the company decides to launch the program.

Meanwhile, BAE Systems last year signed a multi-year agreement with Mitsubishi Aircraft under which it will initially provide engineering development and integration services related to flight-test equipment and systems for the Pratt & Whitney PW1200G-powered aircraft. The contract complements another deal under which a team from BAE Systems’ Regional Aircraft business at Prestwick, Scotland, supports engineering on a number of work packages, including the powerplant, pylon, nacelle, auxiliary power units and fuel systems.

With the TSA order, Mitshubishi Aircraft has collected firm orders for 65 airplanes, including fifteen 88-seat MRJ90s from launch customer All Nippon Airways, which also holds options on another 10.


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Just as a friendly reminder, Delta sold Compass Airlines to Trans States for $20.5M in 2010.



Delta to sell Mesaba and Compass for $82.5 million
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