Regional jet market sees growing competition
Mitsubishi, China firm enter 70 to 90-seat jet market to take on Bombardier, Embraer
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
COMPETITION is becoming fierce in the fast-growing market for "regional jets" to serve Asian cities. Japan's Mitsubishi Heavy Industries is stepping up production facilities while Canada's Bombardier is claiming strong sales at the Singapore Airshow, and China is moving ahead with plans to produce regional jets.
With its dense and growing network of regional air "hubs" serving huge populations and with intensive demand for business travel over short to medium distances, the Asia market is a strong attraction for regional producers and to outside makers such as Montreal-based Bombardier and Brazil's Embraer.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
A new logic of China-Asean economic integration emerges from the Middle East conflict
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
