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Mitsubishi slashes SpaceJet budget, drops variant

Mitsubishi Heavy Industries (MHI) said it was more than halving the annual development budget for its SpaceJet regional jet as the coronavirus pandemic squeezes profit, and will suspend plans for a possible variant seen as key to winning future orders, particularly from U.S. airlines.

    

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Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300