Textron Inc.

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Textron Inc CEO Says More People Are Looking To Acquire Aircraft Than We've Seen In Quite Some Time-Conf Call

Published: 04/29/2021 13:09 GMT
Textron Inc. (TXT) - Textron Inc CEO Says Overall Demand Environment is More Positive So More People Are Looking to Acquire Aircraft Than We've Seen in Quite Some Time-conf Call.
Textron CEO Says Corporate Aviation Departments Are Starting to Come Alive and Expects That Will Continue to Increase Through Balance of 2021.
Textron CEO Says Demand is Still Predominantly Driven by a Lot of Personal Travel But Clearly Starting to See Some Corporate Travel Coming Back.
Textron CEO Says Every Model of Jet and Turboprop That We Have is Seeing Strong Activity.
Textron CEO Says Not Seeing As Much Impact From Supply Chain Disruption in Aerospace Unit.
Textron CEO Says Expectation is That We'll See Stronger Margins on the Aviation Side.
Textron CEO Says We'll Probably Do Somewhat Better on a Margin Rate at Systems Than Original Outlook.
Textron CEO Says We Look at About a 6, 9-month Lead Time When We See Production Rates Going Higher in Business Jet.
Textron CEO Says We Saw Strong Part Demand in Q1 Which Has Been Rebounding.
Textron CEO Says Co Seeing Nice Rebound Particularly in the Parts Side of the Aftermarket Business.
Textron CEO Says Our Balance of Used Aircraft is Dropping and the Pricing Environment Has Been Improving.
Textron CEO Says Our Expectation is That We'll Continue to See Strength in Aviation and Some Stronger Profitability in Systems.
Further Company Coverage: Txtn ((reuters.