2021-02-23T10:23:00+00:00
Ascend by Cirium senior consultant Max Kingsley-Jones reviews the development of the intermediate regional jet sector and impact of the SpaceJet pause
The decision by Mitsubishi Aircraft to “pause” development of the SpaceJet has unsurprisingly led to speculation about the future of the much-delayed regional jet family. But if the status of the programme does move from limbo to defunct, this could have a long-term impact on the supply-side dynamics in the intermediate regional jet (70-90-seat) space and the wider sector below the mainline market.
The market in which Mitsubishi pitched the SpaceJet (called MRJ at launch in 2007), has been through many iterations and players over the last few decades. As things now stand, Embraer is well placed to have the market to itself should the SpaceJet not be revived.