Bombardier Aerospace reported a 3.5% increase in operating profit to $199 million for its fiscal third quarter ended Oct. 31 despite a 4.2% decline in revenue to $2.3 billion. It said the revenue drop "is mainly due to a decrease in manufacturing revenues reflecting lower deliveries of commercial aircraft." It added that the small operating profit rise is partly owing to "improved selling prices for commercial aircraft." Deliveries totaled 80 aircraft, down from 90 in the year-ago period, ...

Subscribe to Access this Entire Article

"Bombardier Aerospace posts 3.5% operating profit rise" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.