At one point it had attracted about 450 orders, including those from Japan Airlines and All Nippon Airways, but many were cancelled. The aircraft, renamed SpaceJet in 2019, was supported by the Japanese government and domestic firms including Toyota.
The decision would have “no material impact” on the company’s financial results. North American regulations, pilot shortages and the need to find “decarbonisation solutions” also contributed to the project’s demise. The company said in a statement that it had been “difficult to obtain understanding and necessary cooperation from global partners”, adding that “further extensive funding” was needed to get the plane’s design approved. “We are no longer sure of its business viability,” he told reporters. The firm’s president, Seiji Izumisawa, admitted that Mitsubishi Heavy “lacked the know-how” to develop passenger jets. Some test flights were aborted because of air conditioning defects and other software problems, and the delays meant revisions to the original design were required. Japan’s first domestic passenger jet takes maiden flight Guardian
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