Makers of replacement parts face new challenges from OEMs seeking to protect aftermarket sales.
PARTS MANUFACTURER APPROVAL PARTS have established a small but strong beachhead in the global market for aircraft parts. Neutral observers expect current annual PMA revenue of $350-$400 million to increase 80%-100% in the next five years. The exact pace and shape of expansion is still unclear. Hurdles to wider usage of airframe and component PMAs have fallen or weakened, but some engine hurdles have strengthened even as alternative suppliers have entered new areas, such as life-limited ...
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