Mitsubishi Moves Would Make a Lot of Sense
Click Like to Follow Fliegerfaust Facebook page to get the News ASAP / Share to share this post now.
June 11, 2019 - by By Bryan Corliss for leehamnews.com
A deal by Mitsubishi Heavy Industries to acquire the CRJ program from Bombardier would make abundant sense for Mitsubishi Aircraft Corp – taking a struggling competitor off the board, acquiring hard-to-find human capital assets, and taking over an established North Americanh American supplier network and a global product support system.
And recent unconfirmed reports that MITAC also is considering a North American final assembly site would make a lot of sense for a company that's looking to cut production costs – and get closer to some likely key customers.
The advantage is even greater if production moves to Canada, because the Loonie (C$1) is at roughly a 75%-percent exchange rate to the US dollar.
So, on labor costs alone, it makes abundant sense for MITAC to source more North American parts – and potentially have final assembly work across the Pacific as well...
- Update 2: Mitsubishi Heavy's struggling aircraft unit to gain US$2 ... ›
- First Japan-Built Airliner in 50 Years Takes on Boeing and Airbus ... ›
- Bombardier Refiles MRJ/Mitsubishi Trade Secret Lawsuit ... ›