England (Reuters) - U.S. regional carrier SkyWest Inc has reached an
agreement to buy 100 Mitsubishi Regional Jets in a deal with a potential value
of $4 billion at list prices, the companies announced on Wednesday at the
Farnborough Airshow.
Brad Rich, president of SkyWest Inc, said a majority of the Mitsubishi jets
would be used to replace aircraft. His company has about 725 planes.
"We're trying to be very proactive in two ways," Rich said.
"We're trying to use our size and our volume to restructure and recreate
an aircraft model that will deliver more of what our major partners are
requiring today and trying to combine that with the new technology that is
coming on to market."
Under terms of the deal, Mitsubishi Aircraft would start delivery of the
jets in 2017 and complete them in 2020. The MRJ, a family of 70- to 90-seat
jets, is the first new airliner produced in Japan in nearly 50 years.
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