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Bombardier sells CRJ line

Aggiunto 4 anni fa

Today, June 25th 2019, Bombardier Aerospace has signed a deal to sell the Canadair Regional Jet program to Mitsubishi. The deal worth $550 Million is for the sale of all maintenance support services, marketing and sales, and refurbishments. The sale also includes the support facilities located in Montreal, Toronto, Bridgeport West Virginia and Tucson Arizona. The only facility Bombardier will be keeping from the CRJ line for the time being is the plant where the CRJ is currently built in Mirabel… (www.youtube.com) Altro...

Mike T

16 commenti dei membri

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Cansojr 4 anni fa 8

THIS IS A HUGE MISTAKE BY BOMBARDIER.

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Christian Parada 4 anni fa 4

Agreed.

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sparkie624 4 anni fa 2

Big Time Mistake!

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djames225 4 anni fa 3

It isn't a done deal yet, and hopefully Bombardier doesn't count their eggs as the chickens have not left the building.

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sparkie624 4 anni fa 2

One can only hope!

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Highflyer1950 4 anni fa 3

Gee, and after hitting up the Can Gov for $375M and the Quebec Gov for $1 billion in loan guarantees for the “C” series which they sold to Airbus, just where are the $$$ ending up?

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Roch Comeau 4 anni fa 1

Exactly where they said it would go, maintaining the C-Series as they divest out. They've had cash flow issues for a long time. The CRJs have been loosing money for a while and the model is long overdue for a refresh. They just don't have the cash to stay competitive. Sad facts.

At least the A220 seems to be finally selling well, so their final contribution to passenger aviation will endure for some time.

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btweston 4 anni fa 0

Anywhere they want. It’s their money.

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djames225 4 anni fa 1

No it isn't their money...it's our money as we lent it to them.

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Cansojr 4 anni fa 2

Maybe we can get the government to block the sale of sensitive technology. If Mitisubuishi is that anxious to get its hits on it, I say NO. They will just sell it back to us and that's just stupid. CAANADA must block this sale.

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Kevin Keswick 4 anni fa 1

Sad day for the Canadian aviation industry. I doubt that Mitsubishi will continue to sell and develop this product in Canada. How long before Bombardier puts its Biz jet business up for sale?

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Mike T 4 anni fa 2

I don't think they will. The reason behind them selling the commercial side is so they can concentrate on the Business jet side. Sales and production went up after they sold off the C series

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Mike Collyer 4 anni fa 1

Expected from Bombardier. Great technology, appalling business management. Huge irrecoverable mistake.

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wingbolt 4 anni fa 0

A couple of months ago Bombardier was suing them and now they jumped in the sack with them. Mitsubishi’s MRJ was plagued with delays. I guess the CRJ will be getting spoilerons now.

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Mike T 4 anni fa 1

The CRJ technically has spoilerons

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sparkie624 4 anni fa 1

No Technically to it... They do have Spoilerons!

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