This is a snippet of the transcript, sign up to read more.
Exactly. That's why, if I wanted to PMA, I'd have to go to each manufacturer of the seat, try to get onto those seats. We get a list every day from airlines looking for PMAs. And the AmSafe seatbelts are always on there because they're high priced, they have poor delivery. They control the market, so they can sell for whatever they want.
This is a snippet of the transcript, sign up to read more.
It's going to be quite interesting. The real issue isn't with Heico, but how things will play out between Wencor and Seal Dynamics. Wencor and Seal Dynamics are almost identical in terms of the products they sell, like filtration and hardware. When an airline sends out a bid for lighting, filtration, or hardware, both companies receive those bids. Now, they'll be competing against each other.
This is a snippet of the transcript, sign up to read more.
This document may not be reproduced, distributed, or transmitted in any form or by any means including resale of any part, unauthorised distribution to a third party or other electronic methods, without the prior written permission of IP 1 Ltd.
IP 1 Ltd, trading as In Practise (herein referred to as "IP") is a company registered in England and Wales and is not a registered investment advisor or broker-dealer, and is not licensed nor qualified to provide investment advice.
In Practise reserves all copyright, intellectual and other property rights in the Content. The information published in this transcript (“Content”) is for information purposes only and should not be used as the sole basis for making any investment decision. Information provided by IP is to be used as an educational tool and nothing in this Content shall be construed as an offer, recommendation or solicitation regarding any financial product, service or management of investments or securities. The views of the executive expressed in the Content are those of the expert and they are not endorsed by, nor do they represent the opinion of In Practise. In Practise makes no representations and accepts no liability for the Content or for any errors, omissions, or inaccuracies will in no way be held liable for any potential or actual violations of laws, including without limitation any securities laws, based on Information sent to you by In Practise.
© 2024 IP 1 Ltd. All rights reserved.
Subscribe to access hundreds of interviews and primary research