Rockwell Collins (NYSE: COL), the $8.4 billion electronics syndicate and 800lb. gorilla of in-flight entertainment, announced 2005 financial results yesterday in a press release.
The 2006 guidance is especially relevant to our industry:
Lower in-flight entertainment (IFE) system sales resulting from the continued focus of this business on enhancing its current generation IFE systems and fully supporting its customer base, coupled with a decision to forego investing in next-generation traditional IFE systems. The company's investments for the future will instead focus on higher value-added information management solutions.
Emphasis ours. We think it means Rockwell Collins will be focusing on in-flight data and satellite TV instead of their Airshow moving maps.
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