Bombardier sells regional jet business to Japanese firm Mitsubishi

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Bombardier sells regional jet business to Japanese firm Mitsubishi GlobeBusiness

The Japanese company will acquire the maintenance, support, refurbishment, marketing and sales activities for the CRJ Series aircraft.The agreement includes the related services and support network located in Montreal and Toronto and its service centres in Bridgeport, WVa., and Tucson, Ariz.

Bombardier will also continue to supply components and spare parts and will assemble the current CRJ backlog.Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to

 

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globebusiness The aviation industry just died in Canada. Sad day.

globebusiness So Quebecers (who are also sadly reading this) please understand why western Canadians like me are so pissed off right now It’s because we subsidize failure in this country (that’s BBD_Aircraft writ large) and, if you can freakin’ believe it, we actually penalize success

globebusiness ... & I just love the spectacular BS that comes from the left claiming that the resource sector is subsidized But here we have Bombardier (& Pratt & Whitney & other Quebec companies) that received, not just accelerated CCA, but direct *capital* infusion (& multiple WTO actions)

globebusiness So after gifting the C-Series to Airbus, Mitsubishi buys the rest of Bombardiers’ commercial jet business for $300m. This for a business that received billions from taxpayers. Meanwhile the resource sector, which actually pays the bills, gets screwed over. What a country.

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