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Mitsubishi Heavy Industries Freezes SpaceJet Development


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MIAMI – Mitsubishi Heavy Industries (MHI), the largest aerospeace manufacturer in Japan, has announced that it will freeze the development of the SpaceJet regional aircraft. The manufacturer hopes to refocus on renewable energy and other businesses that it believes will bolster profits and bring US$1.15bn in savings (around JP¥120bn) through aviation related job cuts. “We […]

The post Mitsubishi Heavy Industries Freezes SpaceJet Development appeared first on Airways Magazine.

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