Bombardier Reports Revenue Increase

 - October 1, 2008, 5:04 AM

Bombardier last month reported a year-over-year revenue increase of 22 percent, to $4.9 billion, in its second fiscal quarter ending July 31, thanks in large part to its aerospace division. The company’s aerospace division contributed $2.5 billion of these revenues in the quarter, up from $2.2 billion in the same period last year. Overall, Bombardier logged a $246 million profit for the three-month period, compared with a $71 million loss in the same time frame last year.