Ministry of Economy, Trade and Industry will hold a conference with experts from abroad to understand why Mitsubishi's regional aircraft program consumed 1 trillion yen without obtaining certification to enter service

Paused since 2020, development of the commercial aircraft family has been terminated after several delays; Japanese jet would be the competitor of the E175 and E190 models of the E2 family

Manufacturer of the new regional jet lineup had a deficit of about $63.5 million in the last fiscal year

The manufacturer also shut down the regional jet's flight test center that operated in Moses Lake, US

Launched in 2008, the regional jet suffered its first setback just a year ago

Aerolease Aviation canceled purchase agreement for 10 units of Mitsubishi aircraft, signed in 2016

Program will be "temporarily paused" given market conditions, but Japanese manufacturer promises possible restart in the future

Regional jet may have development suspended in announcement on October 30, according to Japanese media

Japanese regional jet had development suspended in May due to budget cuts

Japanese airframer announced cuts to the SpaceJet program, including the end of the M100 model, which would compete with Embraer's E175-E2