Rockton Signs LOI for 10 MRJ90 Aircraft

Rockton, a regional aircraft leasing company based in Sweden, has signed a Letter of Intent with Mitsubishi Aircraft Corporation for ten firm MRJ90 aircraft with an option for an additional ten MRJ90 aircraft.

Rockton is the first European company to select the MRJ. Deliveries to Rockton are scheduled to commence in 2020.

“The MRJ is a game changer,” said Niklas Lund, Rockton’s President. “Efficient clean-sheet design, unrivalled passenger comfort and new state-of-the-art Pratt & Whitney PW1200G engines herald the future of regional air travel. This new aircraft will provide crucial economic benefits to airlines looking to operate in the 70-90 passenger size segment, especially in comparison with current products. The MRJ fits well into the European market where noise and emission requirements are very stringent. Furthermore, the long range capability of the aircraft allows regional airlines to open new routes from local airports. We are thrilled to work closely with an OEM like Mitsubishi Aircraft Corporation with its long and solid standing within the aerospace industry.”

Thus far, Mitsubishi has received 407 MRJ orders and 40 will be added to its order book when Mitsubishi Aircraft signs a definitive agreement with Rockton and Aerolease Aviation. The total of 447 MRJ aircraft include 243 firm orders with 180 options and 24 purchase rights. Mitsubishi Aircraft anticipates demand of about 5,000 aircraft in the regional jet market over the next twenty years.

“This European lessor order from Rockton will give the MRJ program the burst of momentum to expand customer base in Europe,” said Hiromichi Morimoto, President, Mitsubishi Aircraft Corporation. “We are pleased to conclude this LOI with Rockton and to build a strong partnership to market the MRJ in Europe. We firmly believe that the combination of expertise of Rockton and the state-of-the-art MRJ will create a new path to the European lease financing market and provide a variety of solutions for customers.”

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HD videos from other select airshows: HD Videos from the Singapore Airshow 2010, HD Videos from Asian Aerospace 2011, HD Videos from Singapore Airshow 2012, HD Videos from Farnborough 2012, HD Videos from Singapore Airshow 2014.

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