Mitsubishi wins US$940m MRJ order

Mitsubishi Aircraft has struck a deal to supply 20 regional jets to US leasing firm Aerolease, its first agreement with a lessor. The Japanese firm has struggled with multiple delays in its effort to enter the regional jet market, currently dominated by Bombardier and Embraer. Mitsubishi said the letter of intent signed with Aerolease for the aircraft, worth about US$940m, would be converted into a definitive contract in the next month or so, lifting the number of orders for the Mitsubishi Regional Jet (MRJ) to 233 plus 170 options. The company said it had seen increased interest after its first test flight. Hiromichi Morimoto, president of Mitsubishi Aircraft, said that some potential clients in Asia Pacific had sent in detailed enquiries. Morimoto did not expect further delays in the delivery of its first MRJ, which is scheduled for mid-2018. <br/>
Reuters
http://news.airwise.com/story/mitsubishi-wins-940-million-dollar-mrj-order
2/16/16