Japan Airlines to buy 32 Mitsubishi planes

DPA Tokyo | Updated on August 28, 2014 Published on August 28, 2014

Japan Airlines Co was to purchase 32 aircraft from Mitsubishi Aircraft Corp for its domestic services, the companies said Thursday.

Japan Airlines (JAL), the country’s second—largest airline, plans to start using Mitsubishi Regional Jets (MRJ), the first Japanese—built commercial passenger planes for 40 years, from 2021, it said.

The aircraft are valued at a total of about 150 billion yen (1.4 billion dollars), the Kyodo News agency reported, citing JAL sources.

Mitsubishi Aircraft, a subsidiary of Mitsubishi Heavy Industries Ltd, said an MRJ reduces fuel consumption by more than 20 per cent compared with other regional jets currently in operation.

The purchase follows orders for 50 MRJs from airlines in the United States and Myanmar this year. Mitsubishi Aircraft plans to start delivering MRJs in 2017.

JAL, which was relisted on the Tokyo Stock Exchange in September 2012 after bankruptcy in 2010, has also said it would buy 27 planes from Embraer SA in Brazil.

Published on August 28, 2014

A letter from the Editor

Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
This article is closed for comments.
Please Email the Editor
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.