Mitsubishi and Bombardier secure closing date for sale of CRJ Program

Mitsubishi Heavy Industries, Ltd. Press Release | May 7, 2020

Estimated reading time 1 minute, 42 seconds.

Mitsubishi Heavy Industries, Ltd. and Bombardier Inc. 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.

Jazz Aviation is designated as a Bombardier authorized provider of maintenance, repair and overhaul services on CRJ100, CRJ200, CRJ700 (pictured here), CRJ900 and CRJ1000 aircraft, as well as Q100, Q200, Q300 and Q400 aircraft. Bombardier Photo
Mitsubishi is set to acquire the maintenance, support, refurbishment, marketing, and sales activities for the CRJ series aircraft. Bombardier Photo

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, Que., and Toronto, Ont. in Canada; and Bridgeport, W.V., and Tucson, Ariz., in the United States. CRJ spare parts will continue to be distributed from depots in Chicago, Ill., 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.

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