Mitsubishi Confirms Acquisition Of Canadair Regional Jets From Bombardier

Bombardier is about to complete its departure out of commercial aviation manufacturing through a full acquisition deal from Mitsubishi Heavy Jets (MHI) for its Canadair Regional Jet (CRJ) program. MHI will acquire Bombardier’s regional jet program for a cash consideration of $550 million USD, payable to Bombardier upon closing, and the assumption by MHI of liabilities amounting to approximately $200 million USD. (airwaysmag.com) Altro...