PMA MARKET BOUNCES BACK
BY CHARLOTTE ADAMS 38 Aviation Maintenance |
avmain-mag.com | October / November 2011
BUT PERILS REMAIN D
espite the best efforts of original equipment manufacturers (OEMs) to eliminate competition in the aftermarket, the parts
manufacturer approval (PMA) industry has not only survived, but thrived. This niche is “a nice place to be in a tough environment,” sums up Dave Kvasnicka, president of Aviation Component Solutions. Not that it has been easy for PMA companies. The
retirement of old B737s and MD80s removed a lot of PMA-rich platforms and increased the volume of competitive replacement components. Retirements are a double whammy, Kvasnicka says. “You’ve got a simultaneous decrease in demand and increase in competitive supply.” OEMs are also throwing up new roadblocks. PMA’ers have to act on opportunities quickly if they want to stay in business. The PMA market was up 4 percent in 2010 from
2009, growing from $353 million to $367 million, according to AeroStrategy. Penetration of overall material consumption, now at 2.4 percent, is expected to reach 3.4 percent by 2015 for a value of $665 million, the market analyst says. AeroStrategy attributes PMA growth to slight growth in the underlying MRO market and cost cutting at the major airlines.
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