Alternative-parts manufacturing specialist Heico Corp. is cautiously optimistic that the recent settlement between CFM International and IATA will allow competition in the engine parts aftermarket and could lead to more sales. "I do think that one of our largest unrecognized opportunities would be . . . the engine PMA [Parts Manufacturer Approval] business," said Eric Mendelson, president of Heico's parts-making Flight Support Group division. "The airlines want a choice. ...


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