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TOKYOMitsubishi Aircraft’s regional jet SpaceJet lost another customer. Miami-based aircraft leasing company Aerolease Aviation canceled an order for 10 SpaceJets with 10 options on December 31st.

The company had signed a contract with the Japanese planemaker in 2016, when the jet was still called MRJ (Mitsubishi Regional Jet). However, repeated delays and the manufacturer's decision last year to suspend the program made maintaining the orders impossible said Jep Thornton, Managing Partner of Aerolease Aviation.

“It is clear to us that the market is in need of such an aircraft and that creates a unique opportunity. Although our agreement with Mitsubishi Aircraft has ended at the end of 2020, we wish the team success in eventually restarting the program as soon as practicable and we remain interested in resuming our relationship with them when that happens, ” Thornton said.

Both companies left the doors openfor a future renegotiation of the agreement as soon as the aircraft development is restarted.

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