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.

System to be operated below new title of MHI RJ Aviation Team on 1, June,

System to be operated below new title of MHI RJ Aviation Team on 1, June, 2020

Tokyo and Montreal – WEBWIRE

Mitsubishi Significant Industries, Ltd. (MHI) (TOKYO:7011) and Bombardier Inc. (Bombardier) (TSX: BBD.B) of Canada have agreed that all closing problems have been achieved and the transaction pertaining to the acquisition of Canadair Regional Jet (CRJ) System will close on June 1, 2020. The System will be operated below the freshly made team entities of MHI RJ Aviation Team (MHIRJ) and will start on closing.

As element of the acquisition, MHI acquires the upkeep, aid, refurbishment, promoting, and sales activities for the CRJ Series aircraft, together with the kind certificates. This includes the CRJ linked companies and aid network mostly found in Mirabel, Qubec, and Toronto, Ontario in Canada, Bridgeport, West Virginia, and Tucson, Arizona in the United States. CRJ Spare sections will keep on to be dispersed from depots in Chicago, Illinois and Frankfurt, Germany.

Complementary to MHIs current commercial aircraft small business, MHIRJ will supply a holistic servicing and aid alternative for the world-wide aircraft business such as the CRJ Series aircraft, and finally, for the Mitsubishi SpaceJet household of next-generation regional jets.

Key integration milestone updates will be presented on an ongoing foundation.

About MHI RJ Aviation Team

MHI RJ Aviation Team (MHIRJ) delivers comprehensive important operational and customer aid alternatives such as upkeep, refurbishment, promoting and sales activities for the world-wide regional aircraft business. Headquartered in Mirabel, Quebec, MHIRJs network of support facilities, aid workplaces and sections 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 includes 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 one particular of the worlds leading industrial companies with eighty,000 team staff members and annual consolidated revenues of all over US$38 billion. For more than 130 several years, the organization has channeled large pondering into progressive and integrated alternatives that move the environment ahead. MHI owns a exclusive small business portfolio masking land, sea, sky and even place. MHI delivers progressive and integrated alternatives across a wide assortment of industries from commercial aviation and transportation to power vegetation and fuel turbines, and from equipment and infrastructure to integrated defense and place devices.
For more info, please go to MHIs internet site: www.mhi.com/index.html

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