Bombardier EBIT more than doubles, to sell two businesses
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(Reuters) - Bombardier Inc is selling off its turboprop programme and another non-core division to focus on its transportation and business jet units, the Canadian plane and train maker said on Thursday as it reported a key profit measure that beat analysts' estimates.Montreal-based Bombardier said it expects around $900 million (687.5 million pounds) in net proceeds from the sale of the turboprop programme to Longview Aviation Capital and its business aircraft flight and training activities to..