Mitsubishi Heavy Industries’ intent to cultivate a new market for the Japanese conglomerate in North America has been withdrawn. Its purpose, the creation of a next-generational regional jet, is on hold indefinitely. Mitsubishi Aircraft Corporation, or Mitac, MHI’s commercial aircraft unit, is now set to shutter its operations in North America and Europe, the company confirmed last Friday. With letting go of Mitac’s international presence, its parent has reabsorbed its aircraft division leaving an indefinitely-paused future for the existing M90.
