Used parts market activity is steadily increasing as more older aircraft and engines are sold and parted out for their used serviceable material (USM).
The aftermarket has seen some big mergers recently, such as Heico’s purchase of Wencor. Editors discuss why mergers are picking up and the outlook for more.
Heico’s strategy has been affirmed by Fitch Ratings, which gave the PMA parts manufacturer investment grade status with its first rating of the company.