Bombardier posts higher revenue, adjusted profit on strong private jet demand

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- Canada's Bombardier on Thursday reported higher third-quarter revenue and an adjusted profit compared with a year-earlier loss, helped by robust demand for pricier business jets and strength in its aftermarket business.

Prices for business jets have been on the uptick as the industry combats continued supply chain challenges and labour constraints. Revenue from the company's aftermarket business, which provides maintenance services, rose 11% to $414 million.

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SaltWire Network /  🏆 45. in CA

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