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AirAsia considers buying Mitsubishi's delay-plagued jet

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TOKYO -- AirAsia is thinking about purchasing jets from the struggling aircraft business of Mitsubishi Heavy Industries, chief executive Tony Fernandes told the Nikkei Asian Review on Tuesday.


The Malaysia-based budget carrier looks ready to throw its support behind the Mitsubishi Regional Jet, Japan's first passenger plane project since the 1960s, which faces financial strain after repeated delays. At the same time, AirAsia is seeking support from Japanese regulators to obtain more slots at Japanese airports.


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"AirAsia is seeking support from Japanese regulators to obtain more slots at Japanese airports."

 

the intention is pretty clear.

 

You scratch my back, I'll scratch yours. Mitsubishi get orders and AirAsia get slots. Win-win for both. It's just business.

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Those MRJs would be quite useful for Indonesia Airasia and Philippines Airasia.


If Japan does not want to play, and if Airasia really needs RJs, then the A220 will be the front runner....

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At the same time, AirAsia is seeking support from Japanese regulators to obtain more slots at Japanese airports.

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I thought Malaysia already enjoys unlimited landing rights into Japan other than Tokyo-Haneda (with 7 nighttime slots). Sounds like D7 wants to get first dip on the daytime slots should it become available to Malaysia in 2020 (which I think Malaysia will, at least 1 daily daytime slot, but it's up to Mavcom to decide which airline to award the daytime slot to).

 

I don't believe other airports are slot restricted (besides NRT/HND)

Edited by Craig

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This is more about Airasia Japan - they are having difficulty getting approvals for their new routes. They currently only fly one route - NGO to CTS.

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This is more about Airasia Japan - they are having difficulty getting approvals for their new routes. They currently only fly one route - NGO to CTS.

Thank you! That makes more sense!

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PARIS/TOKYO -- At the Paris Air Show in June 2007, Mitsubishi Heavy Industries unveiled a sleek, gleaming silver mock-up of an aircraft it hoped would conquer the world's regional jet market. Twelve years and billions of dollars in overruns later, the Japanese conglomerate was back in Le Bourget this week, rebooting a program that was billed as the fulfillment of a national and corporate dream but instead became an investor nightmare.


The pavilion of subsidiary Mitsubishi Aircraft attracted crowds of journalists and aviation enthusiasts, eager to check out the interior of the redesigned and renamed Mitsubishi Regional Jet -- now the SpaceJet -- and hear how executives plan to rise above the design flaws and other setbacks that delayed deliveries five times.



The buzz was also fueled by the news earlier this month that Mitsubishi Heavy is negotiating to buy the regional jet program of one of its archrivals, Canada's Bombardier.



The acquisition of Bombardier's CRJ jet program could be the watershed that transforms the very identity of Japan's largest defense contractor.



More from;



https://asia.nikkei.com/Business/Company-in-focus/Mitsubishi-hopes-global-ambitions-will-fly-with-revamped-jet


Edited by KK Lee

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