Mitsubishi Pulls Back SpaceJet Program
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Mitsubishi Pulls Back SpaceJet Program
Oh boy...
https://www.avweb.com/aviation-news/...cejet-program/Image: Mitsubishi Aircraft CorporationMitsubishi is set to close two of its U.S. facilities supporting the SpaceJet regional-jet program. Its American headquarters in Renton, Washington, and a design office in Quebec will close, though the flight-test facility at Moses Lake, Washington, is to remain open for now. Nevertheless, it’s expected that U.S. flight tests will cease and continued flight testing will take place in Japan for the foreseeable future. Mitsubishi previously announced that it was cutting its SpaceJet budget in half for the remainder of the year amid steep financial losses for Mitsubishi Heavy Industries as a whole.
It’s not clear if this is the end for the beleaguered SpaceJet, which has been in development since 2007. In the U.S., nearly 3,100 airliners are “idled,” which represents half the fleet. The economic realities facing both mainline and regional airlines is grim, and demand for travel is not expected to rebound quickly.
https://www.avweb.com/aviation-news/...cejet-program/Image: Mitsubishi Aircraft CorporationMitsubishi is set to close two of its U.S. facilities supporting the SpaceJet regional-jet program. Its American headquarters in Renton, Washington, and a design office in Quebec will close, though the flight-test facility at Moses Lake, Washington, is to remain open for now. Nevertheless, it’s expected that U.S. flight tests will cease and continued flight testing will take place in Japan for the foreseeable future. Mitsubishi previously announced that it was cutting its SpaceJet budget in half for the remainder of the year amid steep financial losses for Mitsubishi Heavy Industries as a whole.
It’s not clear if this is the end for the beleaguered SpaceJet, which has been in development since 2007. In the U.S., nearly 3,100 airliners are “idled,” which represents half the fleet. The economic realities facing both mainline and regional airlines is grim, and demand for travel is not expected to rebound quickly.
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