Content area
Full Text
M2 PRESSWIRE-November 4, 2015-Global Commercial Aircraft PMA Market - Industry Trends, Market Size, Segments, Growth Prospects Report
(C)2015 M2 COMMUNICATIONS http://www.m2.com
November 4, 2015
About commercial aircraft PMA
An aircraft PMA is an approved replacement for the original part provided by an OEM, conforming to the FAA design and produced under the FAA approved production process. Since the 1950s, the FAA has been granting PMA to third-party manufacturers to produce replacement parts for aircraft. Without PMA, aircraft parts would be exclusively designed and manufactured by OEMs, giving them a monopoly in the aircraft aftermarket parts market. Approved parts are now being manufactured for almost every ATA chapter, a common referencing standard for aircraft parts, on an aircraft.
Technavio's analysts forecast the global...