Mitsubishi Heavy Industries closes acquisition of CRJ series program from Bombardier

Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011) has announced that with the close of the CRJ Series Program from Bombardier, Inc. (TSX: BBD.B), it is launching MHI RJ Aviation Group (MHIRJ), the company said.

MHI RJ Aviation is a newly created group of entities providing a holistic service and support solution for the global regional aircraft industry including the CRJ Series aircraft.

As part of the acquisition, MHI acquires the maintenance, engineering, airworthiness certification support, refurbishment, asset management, marketing, and sales activities for the CRJ Series aircraft, along with the type certificates and related intellectual property rights.

This transaction also includes the related services and support network mainly located in Mirabel and Toronto (Canada), and Bridgeport and Tucson (United States). CRJ Series Spare parts will continue to be distributed from depots in Chicago (United States) and Frankfurt (Germany).

MHI RJ Aviation Group (MHIRJ) provides comprehensive critical operational, engineering and customer support solutions including maintenance, refurbishment, technical publications, marketing and sales activities for the global regional aircraft industry.

Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, is an industrial firm with 80,000 group employees and annual consolidated revenues of around USD 38 billion.