Jun 25, 2019 SOURCE: AFP
Bombardier sells regional jet division to Mitsubishi for $550 mn
Canadian manufacturer Bombardier announced Tuesday the sale of its CRJ Series regional jet program to Japan's Mitsubishi Heavy Industries (MHI) for US$550 million, effectively exiting the aircraft sector.
The deal with Mitsubishi, which has been seeking to break into aviation, comes after Bombardier recently sold a majority stake in its...
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