RTX Corporation (NYSE:RTX) Q3 2023 Earnings Call October 24, 2023 8:30 AM ET
Company Participants
Gregory J. Hayes - Chairman and Chief Executive Officer
Christopher Calio - President and Chief Operating Officer
Neil G. Mitchill - Chief Financial Officer
Jennifer Reed - Vice President of Investor Relations
Conference Call Participants
Peter Arment - Baird
Noah Poponak - Goldman Sachs
Myles Walton - Wolfe Research
Robert Stallard - Vertical Research
Sheila Kahyaoglu - Jefferies
Ronald Epstein - Bank of America
Seth Seifman - J.P. Morgan
Kristine Liwag - Morgan Stanley
Matt Akers - Wells Fargo
Doug Harned - Bernstein & Company
Ken Herbert - RBC Capital Markets
Operator
Good day, ladies and gentlemen, and welcome to the RTX Third Quarter 2023 Earnings Conference Call. My name is Latif, and I will be your operator for today. As a reminder, this conference is being recorded for replay purposes.
On the call today are Greg Hayes, Chairman and Chief Executive Officer; Chris Calio, President and Chief Operating Officer; Neil Mitchill, Chief Financial Officer and Jennifer Reed, Vice President of Investor Relations.
This call is being webcast live on the internet, and there is a presentation available for download from RTX website at www.rtx.com.
Please note, except where otherwise noted, the company will speak to results from continuing operations excluding acquisition accounting adjustments and net non-recurring and or significant items, often referred to by management as other significant items. The company also reminds listeners, that the earnings and cash flow expectations and any other forward-looking statements provided in this call are subject to risks and uncertainties.
RTX SEC filings, including its forms 8-K, 10-Q and 10-K, provide details on important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements. Once the call becomes open for questions, we ask that you limit your first round to one question per caller to give everyone opportunity to participate. [Operator Instructions]
With that, I will now turn the call over to Mr. Hayes.
Gregory J. Hayes
All right. Thank you, and good morning, everyone. Before we start, I want to spend just a minute acknowledging the tragic situation playing out in Israel today. It has been devastating to see what has unfolded there over the last couple of weeks and our thoughts and prayers are with the people impacted including the thousands of RTX employees that call Israel home.
With that said, let me turn to an update on our end markets. On the commercial aero side, air travel demand remains strong. We're seeing solid air traffic growth with global revenue passenger miles essentially back to 2019 levels and domestic air travel well above 2019 levels.