MHI puts SpaceJet on ice as it looks to cut costs
Mitsubishi Heavy Industries (MHI) has announced that it is halting its SpaceJet program which would have seen Japan produce its firs commercial aircraft for over 50 years. The result will see a 50% drop in staff numbers within its commercial aviation sector, while enabling the company to reduce annual costs by 120 billion yen (US$1.15 …
MHI puts SpaceJet on ice as it looks to cut costs Read More »