BUSINESS - Air Mandalay to buy six aircraft from Mitsubishi

Air Mandalay signed an aircraft purchase agreement with Japan’s Mitsubishi Aircraft Corp to purchase six Mitsubishi Regional Jets worth about US$281 million, according to Burmese state media. Delivery for these jets, valued at about $46.8 million each, will start in 2018. At full capacity, they will be able to hold up to 80 passengers. Air Mandalay is the first Asian air carrier outside of Japan to use Mitsubishi aircraft.