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Mitsubishi Heavy to invest additional 200 b. yen in MRJ

  • September 15, 2018
  • , Jiji Press , 8:43 p.m.
  • English Press

Tokyo, Sept. 15 (Jiji Press)–Mitsubishi Heavy Industries Ltd. <7011> plans fresh investment of some 200 billion yen in the development of the Mitsubishi Regional Jet, it was learned Saturday.

Of the funds, the Japanese heavy machinery maker intends to use about 120 billion yen in fiscal 2018 through next March so the company can deliver the first unit of the small jetliner in the middle of 2020, informed sources said.

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