Friday, October 23, 2009

Goodyear 3Q report

Goodrich Corp. saw profit and revenue continue to fall in the third quarter. But company leaders expressed confidence that the world economy would boost air travel next year, in turn boosting sales. The company, which employs 800 people making and overhauling jet engine cowlings in Foley, Ala., had a profit of $145.4 million in the third quarter, down 13 percent from a high-water mark in the same quarter of 2008. (Source: Mobile Press-Register, 10/23/09)