Bombardier Commercial Aircraft reports USD66m EBIT loss in 1Q2016

Bombardier reported (28-Apr-2016) the following highlights for its Commercial Aircraft business for 1Q2016:

Financial highlights:

• Revenue: USD616 million, -8% year-on-year;
• EBIT: (USD66 million), compared to 1Q2015 loss of USD9 million;
• EBIT margin: -10.7%, compared to 1Q2015 net margin of -1.3%;
• Order backlog: USD11.1 billion, -3%.

Operational highlights:

• Aircraft deliveries: 20, -13%;
• Net orders: 2, -92%;
• Book-to-bill ratio: 0.1, compared to 1.1 in 1Q2015. [more - original PR]