Aircraft
Oil & Gas Woes Seep Into Bell Results
Commercial helicopter deliveries in the second quarter were down by 40 percents, revenues dropped $46 million and profits fell $20 million.

The continued struggle of the oil-and-gas market took its toll on Bell Helicopter Textron’s second quarter results, with commercial deliveries dropping by 40 percent and revenues down $46 million, the company reported on Friday. Bell delivered 24 commercial helicopters in the quarter, compared with 39 a year earlier. Revenues dropped from $850 million in the second quarter of 2015 to $804 million in the most recent quarter and profits fell $20 million, to $81 million. 


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