Mitsubishi to acquire CRJ aircraft programme from Bombardier

25 Juin, 2019, 21:49 | Auteur: Auguste Feret
  • Bombardier sells CRJ regional jet program to Mitsubishi for $550M

Bombardier is selling its CRJ program to Mitsubishi Heavy Industries for $550 million.

Mitsubishi will take over marketing, maintenance, support, marketing and sales from support facilities in Montreal and Toronto in Canada, plus Bridgeport, West Virginia and Tucson in the US. Bombardier will assume liabilities worth about US$400-million, including part of the so-called residual value guarantees on the planes.

The CRJ production facility in Mirabel, Que., will remain with Bombardier, which will also continue to supply components and spare parts.

The Japanese firm is trying to certify the plane, which has been delayed by several years with its first customer, ANA Holdings Inc, now expecting delivery in 2020 rather than in 2013 as originally planned.

"With our aerospace transformation now behind us, we have a clear path forward and a powerful vision for the future", Bombardier chief executive Alain Bellemare said in a statement. The CEO has said he believes those business lines have a higher growth and profit potential.

Hidden Camera Found In Women's Bathroom Where Bond 25 Is Being Shot
Beyond a director shakeup, " Bond 25 " has been plagued with a number of misfortunes. Director, Cary Joji Fukunaga , was also on set for the visit.

Murder suspect slashes own throat in Nebraska courtroom
The judge immediately made members of the media turn off recording devices and everyone was dismissed. Judge Vicky Johnson ordered that Trail must be handcuffed for the remainder of his murder trial.

53 départements désormais en alerte orange — Canicule
Dès jeudi, il fera ainsi 36º à Salon-de-Provence, 38º à Aix, Avignon et Embrun, 39º à Orange et Saint-Auban et 41º à Carpentras. Les pouvoirs publics rappellent la nécessité de boire de l'eau régulièrement , de mouiller son corps et de protéger sa peau.

The company confirmed its plans to sell the Belfast operation last month.

"It's just the final nail in the coffin of Bombardier commercial airplanes", he said of the deal. Divesting the business marks the end of 33 years of commercial aerospace history that began when the company bought Canadair from the Canadian government in 1986 for $120-million.

For the past five years, Embraer SA's E175 narrow-body aircraft has dominated the USA market, where the majority of regional jets are sold. The company never had sufficient resources to market and support the C Series aircraft and compete with giants Boeing and Airbus, according to trade publication Aviation Week.

Along with of the sale of its Northern Ireland operation, the offloading of the CRJ programme represents Bombardier's gradual exit from commercial aviation.

The CRJs are small and narrow regional jets seating between 50 and 104 passengers with a maximum range of roughly 3,000 kilometres. The CSeries, rebranded as the A220, are larger planes that can fly twice that distance and designed specifically for the 100 to 150-seat market.



Karisma Kapoor rings in 45th birthday in London
A video doing the rounds on social media shows Arjun and Malaika getting out of the same vehicle and entering the airport. India's favourite music channels 9XM, 9X Jalwa, 9X Jhakaas, 9X Tashan, 9XO are available Free-To-Air.

Rafael Nadal says Wimbledon seeding system disrespects world rankings
Nadal lost a semi-final epic to Djokovic a year ago but in his previous five appearances he never got past round four. Speaking to Spanish TV station #Vamos, Nadal added: "If everyone did it, I think it would be appropriate or correct".

Missing YouTuber and Twitch Streamer Etika's Belongings Found on Manhattan Bridge
During the chat Etika asked, "When should I have my next mental break down ya'll?" to which someone answered, "June 20". Etika was a YouTuber who was best known for building up a fan base through the Nintendo community.

AbbVie nears deal to buy Allergan for more than $60 billion
AbbVie shares were trading down 10.5 per cent at $70.50, while Allergan shares were up almost 28.4 per cent in early trading. Investors have also questioned Saunders' growth plans beyond acquisitions and the quality of the company's drug pipeline.

Glee creator 'brings Streep and Kidman to The Prom'
Netflix will screen the film in theaters before they add it to their streaming service, because that's how the game is played. Late-night host James Corden will play Dee Dee's right-hand man, Barry Glickman, while Awkwafina plays their publicist.

Vaimalama Chaves renonce à Miss Univers et Miss Monde
Je n'ai pas besoin de plus, les concours internationaux se feront sans moi cette année ", a-t-elle écrit. La décision de Vaimalama Chaves a reçu un accueil mitigé sur Twitter.

Government Removes Migrant Children From Detention Facility After Reports of Dire Conditions
Michael Scott Moore, who was held hostage by Somali pirates for three years, tweeted "Somali pirates gave me toothpaste & soap". Jason Rezaian, who spent 544 days in an Iranian prison, had a similar sentiment.

Liverpool keen on signing Sepp van den Berg
Liverpool were loosely linked with a move for Matthijs de Ligt this summer, but perhaps van den Berg can be an alternative.

Neo-Nazi festival runs dry after locals and police take all the beer
Saxony regional police said the operation went smoothly and there were just a few minor incidents. In the end, there were more police at the "Shield and Sword" festival than neo-Nazis.

Eto’o urges Salah to join Barca
That's because, per Eto'o , Barcelona would suit him better. "He has everything to be one of the best players in the world". SunSport revealed earlier this month that Salah was one of four Liverpool stars included in the world's most expensive XI.