BREAKING | Bombardier sells CRJ program to Mitsubishi

Daily Newsletter | June 25, 2019
Bombardier has entered into a definitive agreement with Mitsubishi Heavy Industries regarding the sale of the CRJ regional aircraft program for $550 million. The Japanese manufacturer will acquire maintenance, support, upgrade, marketing and sales activities for the CRJ Series aircraft, while also taking over liabilities amounting to approximately $200 million.
Drone sightings cause delays at Singapore’s Changi Airport for the second time in a week, on June 24, 2019. Offenders could face a fine of $20,000 and up to 12 months of prison.
Two Eurofighter EF-2000s of the Luftwaffe, the German Air Force, collided during a training mission. While both pilots managed to eject, one of them was found dead.
Owning a private jet has long been a symbol of wealth and success, but the market seems to be showing a rather drastic shift.
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