DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister …
Read More »Bombardier eases cash burn as train, jet-parts sales climb
Bloomberg Bombardier Inc. burned through less cash than expected in its last quarter as the majority owner of the C Series jetliner, buoyed by rising sales of aircraft parts and rail equipment. Revenue rose in the second quarter and Canada’s largest aerospace company reported a surprise profit, according to a statement. Bombardier also reaffirmed its sales, earnings and cash-flow targets …
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