Bombardier’s rail business is helping offset a tough environment in the Canadian transportation giant’s business jet and regional aircraft operations. Cameron Doerksen, an analyst at Versant Partners in Montreal, estimates that the rail business will account for 63% of the company’s earnings before interest and taxes in the coming fiscal year, with the aircraft side bringing in just 37%. That denotes a flip from a year ago, when Bombardier Aerospace accounted for 64% of the profits. Recent ...
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