United Kingdom  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi

Reuters Tuesday, 25 June 2019
Bombardier Inc said on Tuesday it will sell its money-losing regional jet business to Japan's Mitsubishi Heavy Industries Ltd (MHI) for $550 million in cash, in a deal marking the Canadian plane and train maker's exit from commercial aviation.
0
shares
ShareTweetSavePostSend
 
Credit: Wochit Business - Published < > Embed
News video: Bombardier Gives Up On Commercial Aviation

Bombardier Gives Up On Commercial Aviation 00:39

CNN reports Bombardier has given up on commercial aviation, selling its regional jet business to Mitsubishi Heavy Industries for $550 million in cash. The sale marks the end of an era for Montreal-based Bombardier, which has been forced to admit defeat in the face of heavy competition from the...

You Might Like


Recent related videos from verified sources

Meat waste joins biofuels at luxury jet show [Video]Meat waste joins biofuels at luxury jet show

Fuel producers and jetmakers are keen to showcase novel forms of aviation fuel deemed less harmful to the climate, from used cooking oil to the distinctly less glamorous meat waste. Yahaira Jacquez..

Credit: Reuters - Politics     Duration: 01:43Published


Tweets about this

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.