Mitsubishi Formally Cancels Airliner Program

After a 15-year development program plagued with setbacks, Mitsubishi has finally thrown in the towel on its SpaceJet airliner project. The aircraft was aimed at the small single-aisle market now dominated by Embraer and Airbus, and the Japanese mega-company determined it was never going to make the kind of inroads it would need to make a go of it. The announcement was buried in financial reports and said the company was "unable to find sufficient business feasibility to resume development" 


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