Aircraft
MHI Closes on Acquisition of Bombardier CRJ Program
The sale of the CRJ program to Mitsubishi Heavy Industries moves ahead amid steep losses at the Japanese company.

Mitsubishi Heavy Industries closed on its acquisition of Bombardier’s CRJ program as scheduled on Monday, marking the launch of MHI RJ Aviation Group. Under the terms of the deal, 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. The transaction also includes the related services and support network mainly located in Mirabel and Toronto, Canada, and in the U.S., in Bridgeport, West Virginia; and Tucson, Arizona. MHI RJ will continue to distribute CRJ series spare parts from warehouses in Chicago and Frankfurt, Germany. Bombardier will continue to supply components and spare parts and will assemble the remaining 15 CRJ aircraft in the backlog on behalf of MHI until all get delivered sometime in the second half of 2020.