New delay for Japan’s first jet raises concerns about sales
Mitsubishi Heavy Industries announced a fifth delay in handing over Japan’s first locally made passenger jet to airlines and about a 30% jump in development costs, raising concerns about winning new orders for the single-aisle plane. Launch customer ANA will get the aircraft in 2020, 2 years later than the current estimate, Mitsubishi said Monday. Revision of some electrical configuration to meet certification requirements prompted the latest pushback of the deadline. The Japanese conglomerate has brought in bullet-train engineers and flown the jets to the US to speed up certification as it attempts to break into the dominance of Embraer and Bombardier in the market for aircraft with fewer than 100 seats. The move is “debilitating” for Mitsubishi, said one analyst. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-01-24/general/new-delay-for-japan2019s-first-jet-raises-concerns-about-sales
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New delay for Japan’s first jet raises concerns about sales
Mitsubishi Heavy Industries announced a fifth delay in handing over Japan’s first locally made passenger jet to airlines and about a 30% jump in development costs, raising concerns about winning new orders for the single-aisle plane. Launch customer ANA will get the aircraft in 2020, 2 years later than the current estimate, Mitsubishi said Monday. Revision of some electrical configuration to meet certification requirements prompted the latest pushback of the deadline. The Japanese conglomerate has brought in bullet-train engineers and flown the jets to the US to speed up certification as it attempts to break into the dominance of Embraer and Bombardier in the market for aircraft with fewer than 100 seats. The move is “debilitating” for Mitsubishi, said one analyst. <br/>
