-- Program to be operated under new name of
MHI RJ Aviation Group upon 1, June, 2020 --
TOKYO, May 7, 2020 /CNW Telbec/ - Mitsubishi Heavy
Industries, Ltd. (MHI) (TOKYO:
7011) and Bombardier Inc. (Bombardier) (TSX: BBD.B) of Canada 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.
About MHI RJ Aviation Group
MHI RJ Aviation Group (MHIRJ) provides comprehensive critical
operational and customer support solutions including maintenance,
refurbishment, marketing and sales activities for the global
regional aircraft industry. Headquartered in Mirabel, Quebec, MHIRJ's network of service
centers, support offices and parts depots are positioned in
important aviation hubs in the U.S., Canada and Germany. A wholly owned subsidiary of
Mitsubishi Heavy Industries, Ltd, MHI RJ Aviation Group includes
MHI RJ Aviation ULC (Canada), MHI
RJ Aviation Inc. (U.S.A.) and MHI
RJ Aviation GmbH (Germany).
About MHI
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in
Tokyo, is one of the world's
leading industrial firms with 80,000 group employees and annual
consolidated revenues of around US$38
billion. For more than 130 years, the company has channeled
big thinking into innovative and integrated solutions that move the
world forward. MHI owns a unique business portfolio covering land,
sea, sky and even space. MHI delivers innovative and integrated
solutions across a wide range of industries from commercial
aviation and transportation to power plants and gas turbines, and
from machinery and infrastructure to integrated defense and space
systems.
For more information, please visit MHI's website:
www.mhi.com/index.html
SOURCE Mitsubishi Heavy Industries, Ltd.