Bombardier Posts Gains in First Quarter

Citing higher manufacturing revenues for both business and regional aircraft, higher deliveries for pre-owned regional aircraft, and higher service revenues, Bombardier Aerospace's revenues amounted to $2.3 billion for the three-month period ended April 30, 2007, compared to $2 billion for the same period the previous year. Earnings before financing income, financing expense and income taxes (EBIT) grew by $105 million, to reach $183 million. Net income increased by $55 million to total $79 million, while earnings per share were $0.04, compared to $0.01 for the same period last fiscal year.