Bombardier 2Q net profit down 19%; CSeries ‘on track’

Credit: Mike Vines
Bombardier earned second-quarter net income of $125 million, down 19.4% from a net profit of $155 million in the prior-year period, on a 5.5% year-over-year drop in revenue to $4.62 billion. The Canadian manufacturer said in a statement that CSeries flight testing “is progressing rapidly with over 2...

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