heico corp posted higher sales and profit in the latest quarter after sales at both its flight support business and its electronic technologies group grew on demand for commercial air travel the maker of jet engine and aircraft parts posted net income of 825 million or 60 cents a share for the third quarter ended july 31 compared to net income of 769 million or 56 cents a share a year earlier analysts polled by factset expected 65 cents a share sales rose to 5695 million from 4717 million analysts polled by factset expected 5545 million sales for its flight support business rose to 3303 million from 2371 million while its electronic technologies group moved up to 2442 million from 2395 million the company expects global commercial air travel to continue growing for the rest of fiscal 2022 despite the potential for additional covid19 variants chief executive laurans mendelson said heico declined to issue fiscal 2022 net sales and earnings guidance citing ongoing pandemicrelated unpredictability potential supply chain disruptions and inflation