FARNBOROUGH—Mitsubishi Aircraft’s forthcoming MRJ70 regional jet hopes to take advantage of an approaching bulge of elderly regional aircraft coming to the end of their leases, according to the company’s chief development officer, Alex Bellamy. “We’re targeting replacement demand in the U.S.,” Bellamy said in an interview at the Farnborough Airshow. The MRJ70 is the smaller variant of the MRJ90 that will be first to market in mid-2020. The MRJ70, which ...

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