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        <title>Japan’s Commercial Jet Failure</title>
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        <description>After six delays, 10+ years of development, and nearly $9 billion (1 trillion yen) spent, Mitsubishi announced in 2020 that development on its Mitsubishi Regional Jet or the SpaceJet would be frozen. Since then, the program has yet to be revived. Mitsubishi Aircraft, the subsidiary developing the plane, has cut staff and is now insolvent. It currently operates with a skeleton crew. It is a tough break for Japan's first indigenous commercial aircraft in nearly half a century. In this video we look back at what happened to the Mitsubishi Regional Jet. Links: The Asianometry Newsletter: https://asianometry.com, Patreon: https://www.patreon.com/Asianometry, The Podcast: https://anchor.fm/asianometry, Twitter: https://twitter.com/asianometry</description>
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