Canada’s plane and train maker Bombardier today reported Q4 2009 earnings and full year earnings for fiscal 2009.

The company reported total sales of USD $5.4-billion in Q4, with total sales in fiscal 2009 as $19.4-billion. Total sales were down insignificantly from fiscal 2008, which were $19.7-billion.

Bombardier reported net income of $179-million in Q4 2009 ($0.10 per diluted share), compared to $312-million in the same period last year.

Net profit for fiscal 2009 was $707-million ($0.39 per diluted share), down significantly from $1-billion ($0.56 per share), from the previous year.

The aerospace-giant warned against continued expected declining demand, warning commercial airliner and business jet delivers could decline by 20-percent, and 15-percent, respectively, in 2011.

Bombardier CEO Pierre Beaudoin said today, “Against a challenging economic backdrop, we delivered good financial results.”