Despite the increasingly uncertain economic outlook, trading conditions for companies making their living from the air transport aftermarket are improving, according to analysts at Swiss bank UBS.
Timken recently expanded its aerospace aftermarket facility in Mesa, Ariz., with offerings aimed primarily at the turbine-powered civil and military rotorcraft markets. Many overhaul facilities turn to Timken for its repertoire of FAA parts manufacturing approved (PMA) items–more than 1,600 in all–as well as component overhaul and repair, bearing repair and parts replacement services.
“We are grateful to announce that, for the first time since the international economic downturn, we are reporting sales are up for our company for a consecutive four-month period,” said Armando Leighton, Jr., CEO and founder of CRS Jet Spares. Jack Caloras, v-p of sales/operations, noted that the parts business is a microcosm of the industry as a whole.
While aftermarket FAA-approved aircraft parts made by companies holding FAA Parts Manufacturer Approval (PMA) are common in the U.S., there is no PMA equivalent for companies in the rest of the world that want to manufacture aircraft parts outside the sanction of OEMs.
Precision Aviation Group’s Canadian companies, Precision Heliparts Canada (PHP-C) and Precision Accessories & Instruments Canada (PAI-C), are combining and moving into a new facility in Vancouver, British Columbia.
Operators and maintenance providers have long been concerned about OEMs limiting the ability of non-factory-authorized entities to repair components or mechanics using FAA-approved parts made under Parts Manufacturer Approval (PMA) regulations.
Aftermarket supply chain specialist Aviall (Hall 4, Stand G19) is to double the size of its central warehouse facility and headquarters staff building in Dallas, Texas. The existing facilities, covering 325,000 sq ft, were opened in 2001. By next January a new 75,000-square foot building and an additional 250,000 sq ft of warehouse space should be complete.
- Page 2