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Japan Airlines finalises deal for 32 Mitsubishi Regional Jets


Japan Airlines finalises deal for 32 Mitsubishi Regional Jets
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27 January 2015
Japan Airlines (JAL) has finalised a deal with Mitsubishi Aircraft to purchase 32 Mitsubishi Regional Jet (MRJ) aircrafts.
JAL and Mitsubishi signed a letter of intent (LoI) in August 2014.
Planned to be operated by JAL’s wholly-owned regional subsidiary J-AIR, the MRJ airliners are expected to be delivered in 2021.
JAL president Yoshiharu Ueki said: JAL will operate the MRJ as the key aircraft of its regional jet fleet, and remains committed to providing the best services to our customers by achieving steady network expansions and improving products and services quality.
As a network carrier that also operates regional jets, we are contributing to the birth of Japan’s first passenger jet. ....

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ZeroAvia secures additional $24.3M to launch development of 2MW hydrogen-electric powertrain for regional aircraft


ZeroAvia secures additional $24.3M to launch development of 2MW hydrogen-electric powertrain for regional aircraft
ZeroAvia is launching the development program for a 2MW hydrogen-electric powertrain for full-size regional aircraft. The program kick-off is supported by a new raise of $24.3 million, led by Horizons Ventures, joined by a new investor: British Airways.
Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. This new round accelerates the larger hydrogen-electric engine development for the 50+ seat aircraft and supports additional commercial airlines initiatives to adopt hydrogen in aviation.
The latest funding brings the company’s total private investment to more than $53 million and the total funding raised since inception to nearly $74 million. ....

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