Mitsubishi Heavy Industries Ltd. and Bombardier Inc. have agreed on a June 1, 2020 closing date for the transaction pertaining to the acquisition of Canadair Regional Jet Program.
Plan to be operated beneath new name of MHI RJ Aviation Team upon 1, June, 2020
Mitsubishi Significant Industries, Ltd. (MHI) (TOKYO:7011) and Bombardier Inc. (Bombardier) (TSX: BBD.B) of Canada have agreed that all closing circumstances have been achieved and the transaction pertaining to the acquisition of Canadair Regional Jet (CRJ) Plan will close on June 1, 2020. The Plan will be operated beneath the freshly produced group entities of MHI RJ Aviation Team (MHIRJ) and will start upon closing.
As part of the acquisition, MHI acquires the maintenance, assist, refurbishment, marketing, and sales actions for the CRJ Series aircraft, alongside with the form certificates. This incorporates the CRJ relevant companies and assist community mostly located in Mirabel, Qubec, and Toronto, Ontario in Canada, Bridgeport, West Virginia, and Tucson, Arizona in the United States. CRJ Spare components will continue on to be dispersed from depots in Chicago, Illinois and Frankfurt, Germany.
Complementary to MHIs current industrial aircraft business, MHIRJ will supply a holistic servicing and assist option for the global aircraft industry including the CRJ Series aircraft, and eventually, for the Mitsubishi SpaceJet family members of up coming-technology regional jets.
Essential integration milestone updates will be supplied on an ongoing basis.
About MHI RJ Aviation Team
MHI RJ Aviation Team (MHIRJ) presents complete important operational and shopper assist remedies including maintenance, refurbishment, marketing and sales actions for the global regional aircraft industry. Headquartered in Mirabel, Quebec, MHIRJs community of service centers, assist workplaces and components depots are positioned in important aviation hubs in the U.S., Canada and Germany. A wholly owned subsidiary of Mitsubishi Significant Industries, Ltd, MHI RJ Aviation Team incorporates MHI RJ Aviation ULC (Canada), MHI RJ Aviation Inc. (U.S.A.) and MHI RJ Aviation GmbH (Germany).
About MHI
Mitsubishi Significant Industries, Ltd. (MHI), headquartered in Tokyo, is just one of the worlds foremost industrial firms with 80,000 group workers and once-a-year consolidated revenues of about US$38 billion. For much more than a hundred thirty years, the enterprise has channeled massive imagining into modern and built-in remedies that transfer the planet forward. MHI owns a unique business portfolio covering land, sea, sky and even room. MHI provides modern and built-in remedies throughout a large selection of industries from industrial aviation and transportation to energy crops and fuel turbines, and from equipment and infrastructure to built-in defense and room methods.
For much more info, be sure to take a look at MHIs internet site: www.mhi.com/index.html
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