B/E Aerospace reported that revenues for the second quarter declined by $204.8 million as compared with proforma revenues of $679.6 million in the second quarter of the prior year. The $204.8 million decrease in consolidated revenues was the result of an $84.4 million decrease in revenues at the consumables management segment, a $102.3 million decrease in revenues at the commercial aircraft segment, and an $18.1 million decrease in revenues at the business jet segment.
2009 second quarter adjusted operating earnings and adjusted operating margin, which exclude $6.0 million of AIT costs, were $79.9 million and 16.8%, respectively, as compared with second quarter 2008 proforma operating earnings and proforma operating margin of $106.8 million and 15.7%, respectively. Second quarter 2009 adjusted operating margin expanded 110 basis points as compared with proforma operating margin in the prior year period.
2009 second quarter net earnings were $34.7 million, adjusted net earnings, which exclude AIT costs, were $38.7 million.
