Aircraft
SpaceJet Program in Distress as Mitsubishi Cuts Funding
MHI has suspended development of the 70-seat M100 and slashed spending on the M90 by more than half.
Mitsubishi Aircraft has been flight-testing its M90 regional airliner at Moses Lake, Washington. (Photo: AIN/Barry Ambrose)
Mitsubishi Aircraft has been flight-testing its M90 regional airliner at Moses Lake, Washington. (Photo: AIN/Barry Ambrose)

Mitsubishi Aircraft said it hopes “to have a clearer picture soon” of the effect on operations of its parent company’s decision to suspend studies related to the 70-seat Spacejet M100 program and slash funding for M90 development. The moves will delay expected first delivery of the 88-seat M90 from mid-2020 to sometime in 2021 “or later,” Mitsubishi Heavy Industries reported on Monday during a discussion of its annual results for its fiscal year ending March 31.