Japan rolls out Mitsubishi Regional Jet (MRJ), its first commercial jet in 50 years

After a gap of half a century, Mitsubishi Aircraft has rolled out Japan’s first commercial jet .

Nature of the MRJ

The MRJ has a little less than 100 seats. The jet is valued at $42 million. It marks Japan’s second attempt to enter the commercial aircraft market. The unique aspect of the MRJ is that is consumes one fifth less fuel than an aircraft its size.

Development of the MRJ

The MRJ has been developed by a subsidiary of Mitsubishi Heavy Industries which  counts carmaker Toyota Corp as one of its shareholders. The MRJ will now be subject to a multiple flight before the first delivery of the aircraft in June 2017. This target is 3 years later than Mitsubhishi’s original plan.

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Categories: Business & Economy Current Affairs 2017International Current Affairs 2017

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