09:43 AM EST - Bombardier Inc. : has reported second-quarter net income of US$246 million, up from a year-earlier loss of $71 million, as revenue increased 22 percent to $4.93 billion. Net income was 14 cents per share, up from a loss of 5 cents per share in last year's quarter ended July 31. The company's total backlog stood at $57.2 billion, up from $53.6 billion at the start of the year. Revenue at regional airliner and corporate jet maker Bombardier Aerospace was up 14 percent from a year earlier at $2.52 billion, while the Berlin-headquartered Bombardier Transportation rail-equipment division grew its revenue by 32 percent to $2.42 billion. Bombardier Inc.
shares T.BBD.B are trading down 34 cents at $8.06.
