The rising demand for surplus parts that is re-shaping airline aftermarket strategies presents component manufacturers with clear opportunities to follow their engine-producing colleagues by grabbing larger slices of the growing used-parts pie. The used serviceable material (USM) market was $3.5 billion in 2013, according to consultancy ICF SH&E, including about $2.2 billion in engine parts and $1.3 billion in components. By 2023, the USM market is expected to hit $6.2 billion, including ...
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