The market for civil aircraft, being boosted by increasing air transport demand in recent
years, is expected to more than double in the next twenty years. In such a market environment,
Mitsubishi Heavy Industries, Ltd. (MHI) considers civil aircraft engines to be a future high-growth
sector, and has been working on the engine development, manufacture and repair business, taking
advantage of its expertise in combustor modules, low-pressure turbine components and other parts.
In addition, MHI is taking part in engine projects for future mainstream aircraft, with
Rolls-Royce (RR) for Boeing 787 and Airbus A350, as well as with Pratt & Whitney (P&W) for
the Airbus A320neo and the MRJ (Mitsubishi Regional Jet), as an international joint development
partner.
As the scale of its civil aircraft engine business expands much larger, MHI established a
system that integrates sales, design, manufacturing and repairs, and formed Mitsubishi Heavy
Industries Aero Engines, Ltd. (MHIAEL) on October 1, 2014 for the purpose of improving
production capacity and the enhancement of capital strength through the introduction of external
funds.
This paper reports on the new company's efforts in the civil aircraft engine business.