Showing posts with label Mitsubishi Aircraft. Show all posts
Showing posts with label Mitsubishi Aircraft. Show all posts

22 February, 2021

RAF transport Oxford AstraZeneca vaccine to Ascension Island in the South Atlantic Ocean

Earlier lasto week, a LXX Squadron (70 Squadron) RAF A400M aircraft transported doses of the Oxford AstraZeneca vaccine to Ascension Island – a UK Overseas Territories in the South Atlantic Ocean.



Due to its remote location and small population of just over 800 contractors and military personnel, it will become the first island to be fully vaccinated against COVID-19.


    “The role of the RAF is multipurpose. From the moment that the vaccines arrive at the front gate of RAF Brize Norton, the Brize Norton machine kicks into gear.

    The RAF is well placed to deliver and manage this vaccine delivery, and we’re extremely proud to be a part of providing this support to our Overseas Territories.” Said  Wing Commander Lee Roberts
    Officer Commanding 70 Squadron

Upon departing RAF Brize Norton, the vaccine must only be out refrigeration for a maximum of 72 hours, before entering refrigeration in Ascension Island again and must be stored at between 2-8°C. After a quick refuelling stop on route, the crew delivered the precious cargo into the safe hands of RAF movers on the ground, which later was given to the Ascension Island Government to begin distribution.


    “This delivery was extremely important because the RAF can get out to remote locations that commercial aircraft can not necessarily access. Places like Ascension Island are notoriously difficult to get to, the RAF bridge the gap and try and help where we can.”  said  Flying Officer George Cox
    Officer Commanding Cargo, RAF Brize Norton

Delivered on behalf of the FCDO, the delivery reaffirms the UK Government’s commitment to supporting its Overseas Territories.





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31 October, 2020

Mitsubishi SpaceJet Suspended...........


Mitsubishi Heavy Industries, the firm behind the new SpaceJet, has confirmed it will be halting development on the new aircraft for the foreseeable future.  

The first Japanese passenger aircraft for many decades has been beset with production hiccups and delays for a number of years. The current economic situation resulting from the coronavirus pandemic has thrown the entire aviation industry into a state of flux and consolidation. This has led Mitsubishi Heavy Industries to say it would freeze development of the regional SpaceJet programme in order for it to concentrate on other parts of its business operations. 

According to Mitsubishi, the suspension of the SpaceJet should help lowers its costs by around 120billion yen - around £900million. 

There is much speculation around the aviation industry that this latest suspension of the programme marks the death knell of the whole SpaceJet project, despite the Japanese governments support for the aircraft.  The market for the regional jets seems to be diminishing by the day and it is far more likely that Mitsubishi will transfer its attention to the creation of an advanced fighter jet required to combat the recent additions to the Chinese forces that the Japanese government wants to be operational early in the 2030s. 


 



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04 June, 2020

MHI RJ Aviation Group launches as Mitsubishi Heavy Industries Ltd. closes acquisition of CRJ Series Program from Bombardier Inc.

Headquartered in Montrรฉal, Canada, MHI RJ Aviation Group (MHIRJ) is launching as a newly created group of entities providing a holistic service and support solution for the global regional aircraft industry including the CRJ Series aircraft. The launch of MHIRJ coincides with the acquisition close of the CRJ Series Program from Bombardier Inc. (Bombardier)  by Mitsubishi Heavy Industries, Ltd. (MHI).

“I am pleased to announce the opening chapter of MHIRJ’s story,” said Hiroaki Yamamoto, President & CEO of the MHI RJ Aviation Group. “Building on the solid foundations already in place and with the strong support of the MHI group of companies, there is new energy on board and our team is committed to serving the regional aviation market and becoming a platform for growth in the industry.”As part of the acquisition, MHI acquires the maintenance, engineering, airworthiness certification support, refurbishment, asset management, marketing, and sales activities for the CRJ Series aircraft, along with the type certificates and related intellectual property rights. This transaction also includes the related services and support network mainly located in Mirabel and Toronto (Canada), and Bridgeport and Tucson (United States). CRJ Series Spare parts will continue to be distributed from depots in Chicago (United States) and Frankfurt (Germany).

03 June, 2020

Bombardier Concludes Sale of the CRJ Series Regional Jet Program to Mitsubishi Heavy Industries

Bombardier confirmed on Monday the closing of the previously announced sale of the CRJ Series aircraft program to Mitsubishi Heavy Industries, Ltd for a cash consideration of approximately $550 million, subject to post-closing adjustments and the assumption of liabilities by MHI related to credit and residual value guarantees and lease subsidies amounting to approximately $200 million. Under the agreement, the Corporation’s net beneficial interest in the Regional Aircraft Securitization Program (RASPRO), which is valued at approximately $170 million, has been transferred to MHI.

Through this sale, MHI acquires the maintenance, support, refurbishment, marketing, and sales activities for the CRJ Series aircraft, including the related services and support network located in Montrรฉal, Quรฉbec, and Toronto, Ontario, and its service centres located in Bridgeport, West Virginia, and Tucson, Arizona, as well as the type certificates.

Bombardier will continue to supply components and spare parts and will assemble the remaining 15 CRJ aircraft in the backlog as of March 31, 2020 on behalf of MHI until the complete delivery of the current backlog, expected in the second half of 2020.

Bombardier retains certain liabilities representing a portion of the credit and residual value guarantees totalling $288 million as of March 31, 2020. This amount is largely fixed and not subject to future changes in aircraft value and is mainly payable by Bombardier over the next four years.







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09 May, 2020

Mitsubishi Heavy Industries Ltd. and Bombardier Inc. have agreed on a June 1, 2020 closing date for the transaction pertaining to the acquisition of Canadair Regional Jet Programme.

Mitsubishi Heavy Industries Ltd. and Bombardier Inc. have agreed on a June 1, 2020 closing date for the transaction pertaining to the acquisition of Canadair Regional Jet Programme.



Mitsubishi Heavy Industries, Ltd from Japan and Bombardier Inc. of Canada have agreed that all closing conditions have been met and the transaction pertaining to the acquisition of Canadair Regional Jet (CRJ) Program will close on June 1, 2020. The Program will be operated under the newly created group entities of MHI RJ Aviation Group (MHIRJ) and will commence upon closing.

As part of the acquisition, MHI acquires the maintenance, support, refurbishment, marketing, and sales activities for the CRJ Series aircraft, along with the type certificates. This includes the CRJ related services and support network mainly located in Mirabel, Quรฉbec, and Toronto, Ontario in Canada, Bridgeport, West Virginia, and Tucson, Arizona in the United States. CRJ Spare parts will continue to be distributed from depots in Chicago, Illinois and Frankfurt, Germany.

Complementary to MHI’s existing commercial aircraft business, MHIRJ will provide a holistic servicing and support solution for the global aircraft industry including the CRJ Series aircraft, and eventually, for the Mitsubishi SpaceJet family of next-generation regional jets.

06 September, 2019

Mitsubishi Aircraft Corporation and Mesa Airlines sign MoU for 100 SpaceJet M100 aircraft


Mitsubishi Aircraft Corporation announced that it has signed a Memorandum of Understanding (MOU) with Mesa Airlines, Inc., a wholly-owned subsidiary of Mesa Air Group, Inc., to commence formal negotiations for the purchase of 100 Mitsubishi Aircraft SpaceJet M100 aircraft. The MOU was announced during a signing event at Mitsubishi Aircraft Corporation America’s booth during the Regional Airline Association (RAA) annual conference held, this year, in Nashville, TN, and targets 50 firm orders and purchase rights for an additional 50.

“As we developed the Mitsubishi SpaceJet family, we knew we had changed the way that passengers and airlines will think about regional travel,” said Hisakazu Mizutani, President Mitsubishi Aircraft Corporation. “Mesa Airlines’ selection of the SpaceJet M100 confirms that our aircraft fulfils current and future needs in this industry and that airlines are ready to move our discussions forward.”

26 June, 2019

Mitsubishi Heavy Industries to Acquire Canadair Regional Jet Program from Bombardier Inc.


Mitsubishi Heavy Industries and Bombardier announced this week they have entered into a definitive agreement, over the sale of the Bombardier regional jet programme for a cash consideration of just $550 million.

The deal is payable to Bombardier upon closing, and the assumption by MHI of liabilities amounting to approximately $200 million USD. Under the agreement, Bombardier’s net beneficial interest in the Regional Aircraft Securitization Programme (RASPRO), which is valued at approximately $180 million USD, will be transferred to MHI.

The news comes despite months of denials by Bombardier that a deal was on the cards, or that it was also trying to sell all of its aircraft businesses. The lucrative business jet division, which company insiders have told us is also on the divest list appears to be safe for now - but after next year there is no guarantee it will stay that way.

21 June, 2019

Mitsubishi Aircraft Corp in talks over order of 15 Mitsubishi SpaceJet M100 aircraft

The North American airline would take delivery beginning in 2024, demonstrating the appeal of the aircraft as a product that will create a new level of excellence in passenger experience and airline business performance in regional aviation.

Mitsubishi Aircraft Corporation and a prospective North American customer have entered into a Memorandum of Understanding to commence formal negotiations for 15 Mitsubishi SpaceJet M100 aircraft, with deliveries beginning in 2024.

The agreement re-affirms the market demand for a game-changing regional aircraft, particularly in the North American market. The Mitsubishi SpaceJet fulfils both the operators’ performance needs and the rising expectations of the travelling public that demands a comfortable and connected travelling experience.

20 June, 2019

Mitsubishi Aircraft Corporation Signs Memorandum of Understanding for 15 Mitsubishi SpaceJet M100 Aircraft

The North American airline would take delivery beginning in 2024, demonstrating the appeal of the aircraft as a product that will create a new level of excellence in passenger experience and airline business performance in regional aviation.

Mitsubishi Aircraft Corporation and a prospective North American customer have entered into a Memorandum of Understanding to commence formal negotiations for 15 Mitsubishi SpaceJet M100 aircraft, with deliveries beginning in 2024.

The agreement re-affirms the market demand for a game-changing regional aircraft, particularly in the North American market. The Mitsubishi SpaceJet fulfils both the operators’ performance needs and the rising expectations of the travelling public that demands a comfortable and connected travelling experience.

15 July, 2018

Mitsubishi Aircraft's MRJ90 arrives at Farnborough

The MRJ90 from Mitsubishi Aircraft has arrived in Farnborough ahead of the air show resplendent in the livery of ANA All Nippon Airways, 

The flight test aircraft will be making its flying display debut at the show on later on Monday. The aircraft had flown in from is flight testing base in Moses Lake in the USA via Bangor, Maine and Reykjavik, Iceland. 

Mitsubishi Aircraft is keen to show off the new aircraft and are hoping to get it into service with ANA in early 2020 and are hoping for interest from other carriers. It's believed the aircraft will also take part in the flying programme each day of the air show.



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