50 SKY SHADES - World aviation news

Mitsubishi Heavy Industries acquisition of Canadair Regional Jet Program

Download: Printable PDF Date: 07 May 2020 08:29 (UTC) categories:
Publisher:
Mitsubishi Heavy Industries acquisition of Canadair Regional Jet Program - Finance publisher
Tatjana Obrazcova
Aircraft: Airplanes

Mitsubishi Heavy Industries and Bombardier have agreed that all closing conditions have been met and the transaction pertaining to the acquisition of Canadair Regional Jet (CRJ) Program will close on June 1, 2020. The Program will be operated under the newly created group entities of MHI RJ Aviation Group (MHIRJ) and will commence upon closing.

As part of the acquisition, MHI acquires the maintenance, support, refurbishment, marketing, and sales activities for the CRJ Series aircraft, along with the type certificates. This includes the CRJ related services and support network mainly located in Mirabel, Québec, and Toronto, Ontario in Canada, Bridgeport, West Virginia, and Tucson, Arizona in the United States. CRJ Spare parts will continue to be distributed from depots in Chicago, Illinois and Frankfurt, Germany.

Complementary to MHI's existing commercial aircraft business, MHIRJ will provide a holistic servicing and support solution for the global aircraft industry including the CRJ Series aircraft, and eventually, for the Mitsubishi SpaceJet family of next-generation regional jets.

Key integration milestone updates will be provided on an ongoing basis.



Loading comments for Mitsubishi Heavy Industries acquisition of Canadair Regional Jet Program...


Recommended

Autopilot System for Bell 505 Certified in the United Kingdom

Bell Textron Inc. announced today that the Genesys HeliSAS autopilot in the Bell 505 has received certification from the United Kingdom’s Civil Aviation Authority. “We are thrilled...

Virgin Atlantic partners with Vertical Aerospace

Virgin Atlantic partners with Vertical Aerospace to pioneer sustainable and zero emissions air travel in the UK. The partnership includes an option for Virgin Atlantic to purchase up to 150 eVTOL...

Newcomer - world2fly took first A350 delivery

World2fly, the new long-haul airline recently founded by the Spanish hotel company Iberostar, has taken delivery of the first of two A350-900s on lease from Air Lease Corporation, becoming the latest...

SmartLynx introduce the first freighter registered in Malta

As the latest edition to its growing fleet, SmartLynx is proud to announce the introduction of the first freighter aircraft registered in Malta. The A321F, with the registration 9H-CGA, is the first a...