Bombardier 1Q net profit down 22%; confident on CSeries

Credit: Courtesy, Bombardier

Bombardier reported first-quarter net income of $115 million, down 22.3% from a net profit of $148 million in the prior-year period, on essentially flat revenue of $4.35 billion. The Canadian manufacturer booked 43 net orders for commercial aircraft in the three months ended March 31, a big...

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