Park Electrochemical Corp. (NYSE:PKE) Q1 2020 Earnings Conference Call - Final Transcript

Jul 11, 2019 • 11:00 am ET


Park Electrochemical Corp. (NYSE:PKE) Q1 2020 Earnings Conference Call - Final Transcript


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Brian E. Shore

by a lot of people that's going to be a benefit for Park, it will help Park, and I guess my reaction then was, first of all, we don't -- we hope Being solves the problem, we don't wish them any ill of course, we wished them the best, but also said that probably not, because I felt that well this problem would be solved pretty quickly three months down a road we want to be talking anymore. Obviously, I was wrong about that, and now it's just my opinion, I no way to prove it, just my opinion that A320 -- the A320 family may actually take some share from the 737 MAX over long term because of the continuing problems. Now, I think some people thought, how does an Airbus increase their production schedule immediately and the fact that there might be a market need for it is one thing, but the other thing is can the airplane be produced and it goes back to that point about the supply chain. The supply chain is already struggling keeping up with a ramp with the A320 family. So the increased production is not really realistic in the short term maybe long term that might be. One thing I know is that Airbus does decide to increase production. We'll be there for them. We will not be one of the suppliers that causes it to be a problem for them to ramp up.

So that's it. That's the end of our presentation and rest slides are thank you slide. Operator, I think we're ready for questions now.