Wednesday, June 19, 2013   

US SkyWest to buy 100 jets from Mitsubishi
(12-13 15:57)

Japan's Mitsubishi Aircraft said Thursday it has signed a deal with US-based SkyWest for 100 jets worth US$4.2 billion, with an option to buy another 100 planes.
In a statement, the Japanese firm said it expected to deliver the first batch of planes from 2017 while the optional order could be delivered from 2021, AFP reports.
"Without a doubt, this is a major order and significant boost for the MRJ (Mitsubishi Regional Jet) programme,'' Mitsubishi Aircraft chief Hideo Egawa said in a statement.
Mitsubishi Aircraft, set up in 2008 and backed by several top Japanese firms including conglomerate Mitsubishi, automaker Toyota and trading giant Sumitomo, said this year it had reached a deal in principle with the US company for an order.
"SkyWest believes the MRJ with its significant advancements in fuel economy, passenger comfort and environmental friendliness, will be a valued addition to our fleet,'' said SkyWest President Bradford Rich.
The Japanese firm's 70-90 seat regional jets are touted as having a next-generation design that is fuel-efficient and cuts down on noise.
   
Other Business breaking news:
Hermes accuses LVMH of using secret financial deals to build up 22.6pc stake (2 hrs 20 mins ago)
Japan posts wider trade deficits (06-19 19:03)
Sri Lanka carrier boosts fleet with A350s (06-19 18:44)
Hang Seng, Shanghai end lower (06-19 16:14)
Wanda chief Wang predicts explosive growth for luxury yachts after Sunseeker buy (06-19 16:04)
H&M sales, earnings slump (06-19 15:54)
US checks defects in Suzuki Grand Vitaras (06-19 15:48)
European markets open higher (06-19 15:38)
Google claims balloons to link small business (06-19 15:13)
Wanda snaps up Sunseeker yachts in US$1.6b deal and plans London's tallest residential towers (06-19 14:45)

More breaking news >>

© 2013 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2013, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Statement and Copyright Policy.  Please also read our Ethics Statement.