Bombardier Aerospace reports fourth quarter and year end results

Bombardier Aerospace’s revenues amounted to $3.3 billion for the three-month period ended December 31, 2014, compared to $2.9 billion for the same period last fiscal year, an increase of 15.8%. For the year, revenues totalled $10.5 billion, compared to $9.4 billion last fiscal year, an increase of 11.9%. Negative EBIT totalled $1.3 billion, or (39.2)% of revenues, for the fourth quarter, compared to EBIT of $93 million, or 3.2% for the same period last fiscal year. For the year, negative EBIT totalled $995 million, or (9.5)%, compared to EBIT of $418 million, or 4.5%, last fiscal year. For the fourth