The Mitsubishi MRJ might have attracted its most powerful project partner yet, as Japan’s Toyota Motor Company contemplates a major investment in the two-aircraft regional jet series. According to Japan’s Asahi newspaper, Toyota plans to invest 10 billion yen ($96.8 billion) in the MRJ, scheduled for industrial launch within weeks. Under the partnership, Mitsubishi will retain a 60-percent stake in the company.
Japan’s All Nippon Airways (ANA) has confirmed its interest in the proposed Mitsubishi Regional Jet (MRJ) for its planned fleet expansion. “Indeed, we are considering the MRJ, but we are also looking at similar products from Bombardier and Embraer,” said a spokesman for ANA, Japan’s second-largest carrier.
Mitsubishi Heavy Industries yesterday said it will establish a wholly owned subsidiary to produce commercial aircraft components in Hanoi, Vietnam. Plans call for the new division, dubbed MHI Aerospace Vietnam Co., Ltd. (MHIVA), to begin assembling metal aircraft components by the spring of 2009, starting with flaps for the Boeing 737.
Japan’s Mitsubishi Heavy Industries has joined the European Regions Airline Association after deciding to go ahead with marketing its proposed Mitsubishi Regional Jet series, which would enter service in 2013 powered by Pratt & Whitney geared turbofans.
Mitsubishi Heavy Industries today announced that its board has issued authority to offer the proposed MRJ family of regional jets for sale to potential customers. It also revealed for the first time its decision to use an engine under development by Pratt & Whitney known as the Geared Turbofan and that it has entered discussions about collaboration with Boeing on the project.
Turbine Aircraft Services is taking its pilots’ review of proficiency (PROP) seminar series to Europe. The Houston-based company supports the Mitsubishi MU-2 twin turboprops under contract to the Japanese manufacturing giant and has been conducting the highly respected free seminars biennially in the U.S. for the past several years. The one-day seminars will be presented on May 24 in Frankfurt, Germany, and on May 27 in Nykoping, Sweden.
The Mitsubishi interest in the next generation of regional jets is evident from a model displayed at Hall 2 Stand C17. The Japanese government is funding initial development but the company is seeking partners in order to launch the program by the end of 2007.
Mitsubishi Heavy Industries has decided to establish a special-purpose company dedicated to attracting the estimated $1 billion it needs to market a proposed pair of 70- and 90-seat regional jets, according to Japanese media reports.