Mitsubishi to turn MRJ into Cheaper, Smaller New 'Space Jet'
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May 29, 2019 - by NAOKI WATANABE for nikkei.com
TOKYO -- Mitsubishi Heavy Industries is revamping its long-delayed Mitsubishi Regional Jet project to concentrate on a smaller model for the U.S. market -- and dropping its own name from the aircraft to reflect a more global vision for a previously Japan-centric business.
Development subsidiary Mitsubishi Aircraft plans to offer an outline of the reworked project, the Space Jet, in June. This will entail a drastic redesign to create the smaller 70-seat-class model, with work to get underway in earnest as early as this year.
Mitsubishi Aircraft also plans to switch to American suppliers for certain parts to cut costs, aiming to make price a selling point along with fuel efficiency, and is considering production in the U.S. as well.
Along with the renaming, this marks a significant change in direction for what had been envisioned as Japan's first homegrown commercial jet...