There will likely be some more disruptions with travel as the pandemic situation continues.

Feb 8, 2022 / CEO / receipt, needs a key / Vic Ricci, CEO | earnings call 2022-02-08 | transcript f47b283e-cd44-4c78-a9b9-8caf9e2493a9 | chars 3730-3821 | segment 3

It wasn't the first time you'd mentioned those, but I wondered if you could talk more about these. um what some of the components are and embedded in your outlook for 2022 what wood is left to chop on the gross margin side so i'll mention a few things and then chris might want to jump in i think the biggest area really was the the things we did at commercial aerospace kind of right sides of business uh both from you know a direct force count a perspective and an overhead perspective And then Doble, we saw a really nice pickup in the margin in the fourth quarter, and that's really because we did take a lot of cost out. Unfortunately, we had to do that because we went into the year, and it's not only for scout reduction, but we did shut down one facility, a small facility we acquired and moved all that production into a contract manufacturer. So all of those things, and then you had some normal things like with travel still being down, we really thought travel probably picked up more by now, but some of those SG&A costs remain lower, which help our margins as well.

Nov 18, 2021 / CEO / receipt, needs a key / Vic Ricci, CEO | earnings call 2021-11-18 | transcript fe16ea67-4ea3-4f49-98ab-5c18b26e605c | chars 16391-17470 | segment 16

U.S. domestic travel has picked up, but it's still slightly below 2019 levels. Those of you who have been to an airport lately are probably surprised, but this is what the TSA statistics show. It's important to understand that business travel remains soft, and air travel in Europe and overall international travel are still well below 2019 levels.

Aug 9, 2021 / CEO / receipt, needs a key / Vic Ricci, CEO | earnings call 2021-08-09 | transcript d904c5aa-109b-4c95-8693-965bbfa07ac2 | chars 4370-4718 | segment 4