Bombardier net down, optimistic on aircraft programmes

Bombardier posted USD148 million in net income for the second quarter of its fiscal 2011 ending 31-July-2010, down from USD202 million a year ago. The company earned consolidated revenues of USD4.1 billion, down from USD4.9 billion from its second quarter 2009. [2053 words]

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This report contains the following subheadings:

• Concerns over aerospace
• Uncertain environment reflected in results
• Bombardier Aerospace cites higher costs per unit
• Bombardier Transportation