MONTREAL: Canadian aerospace firm Bombardier is effectively exiting the commercial airline manufacturing sector with the sale of its CRJ Series regional jet programme.
In a statement, Bombardier said Mitsubishi will also assume liabilities totalling US$200 million, and take over all maintenance, support, refurbishment, marketing and sales activities for the aircrafts. Bombardier Chief Executive Alain Bellemare said the transaction represents"the completion of Bombardier's aerospace transformation."
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