☰

Empresas y finanzas

Bombardier posts loss on $1.4 billion charge for paused Learjet program


    (Reuters) - Canadian plane and train manufacturer Bombardier Inc reported a loss, compared with a year-ago profit, due to a $1.4 billion charge related to its decision to suspend the development of its new Learjet 85 business aircraft.

    The net loss was $1.59 billion, or 92 cents per share, in the fourth quarter ended Dec.31, compared with a profit of $97 million, or 5 cents per share, a year ago.

    Revenue rose 12 percent to $5.96 billion.

    (Reporting by Swetha Gopinath in Bengaluru; Editing by Sriraj Kalluvila)