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Mitsubishi denies has decided to freeze the development of SpaceJet.

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Mitsubishi Heavy Industries said on Friday it was considering various options for its SpaceJet regional jet but had not decided to freeze development of the aircraft.

See also: Airbus is creating new zero emission aircraft concepts that could be in service by 2035.

Sources have told Reuters the company would freeze development of the SpaceJet as the COVID-19 pandemic squeezes finances and erodes prospects for Japan’s first passenger aircraft in half a century.

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