HeadlinesHeadlinesPlane and train maker Bombardier says profits are down 27 percent Bombardier Transportation - Business - Derby - Train - Business and Economy
Although delivery rates of Bombardier Learjet business aircraft are low, the company doesn't expect to cut production at its Wichita plant, a Bombardier official said Wednesday.
Bombardier reported net income of $148 million for its fiscal second quarter ended July 31, down 26.7% from a $202 million profit in the year-ago period, saying its Aerospace unit "continued to be impacted" by the global financial downturn.
Bombardier Transportation has been awarded a $267 million contract for 100 New Jersey Transit Corp. commuter railcars that will be assembled in Plattsburgh.
Josh Bombardier cleared of vehicular homicide, but convicted on lesser charges for the February 2009 crash that claimed the lives of three people.
frankfurt (MarketWatch) -- Bombardier Inc. said its fiscal second-quarter net profit fell to $144 million, or 8 cents a share, from $198 million, or 11 cents a share, in the same period a year ago. Revenue dropped to $4.08 billion from $4.95 billion. "The uncertain economic environment continues to be reflected in Aerospace's financial results," said Pierre Beaudoin, chief executive of ...
Plane and train maker Bombardier says profits are down 27 percent Bombardier Transportation - Business - Derby - Train - Business and Economy
Although delivery rates of Bombardier Learjet business aircraft are low, the company doesn't expect to cut production at its Wichita plant, a Bombardier official said Wednesday.
Bombardier reported net income of $148 million for its fiscal second quarter ended July 31, down 26.7% from a $202 million profit in the year-ago period, saying its Aerospace unit "continued to be impacted" by the global financial downturn.
Bombardier in Plattsburgh has won a multi-million dollar contract to make commuter rail cars for New Jersey Transit.
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