May 7 (Reuters) - TransDigm Group ( TDG ) on Tuesday

raised its full-year earnings forecast after posting strong

quarterly results, as its sees strong demand for aircraft parts

and services from carriers that are holding on to their older

planes to meet a surge in air travel.

TransDigm ( TDG ), which supplies aircraft components such as

cockpit security systems and engine sensors for commercial and

military jets, now expects fiscal 2024 adjusted profit to be in

the range of $31.75 to $33.09 per share, compared with $29.97 to

$31.73 per share estimated previously.

The company also expects annual sales of $7.68 billion to

$7.80 billion, compared with its previous estimate of $7.58

billion and $7.76 billion.

The Cleveland, Ohio-based firm, which counts planemakers

Boeing ( BA ) and Airbus as its customers, reported

adjusted profit of $7.99 per share for the second quarter,

beating analysts' average estimate of $7.42 per share, as per

LSEG data.

Net Sales for the quarter through March 30 jumped 21% to

$1.92 billion, ahead of expectations of $1.88 billion.

(Reporting by Anandita Mehrotra in Bengaluru; Editing by Anil

D'Silva)