(Reuters) – U.S. aerospace and defense company RTX raised its full-year profit forecast on Thursday, driven by a rebound in the broader commercial aviation sector.
Shares of the company were up about 2% in premarket trading.
Airlines are flying older aircraft to meet the surge in air travel demand amid a shortage of new jets, leading to a bustling aftermarket business and benefiting companies such as RTX.
RTX expects full-year adjusted profit to be between $5.35 per share and $5.45 per share, compared with its prior forecast range of $5.25 per share and $5.40 per share.
(Reporting by Pratyush Thakur in Bengaluru; Editing by Shilpi Majumdar)
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