“If an OEM no longer wants a part ... it's pretty unlikely that they're going to replace every one of the supplier's components ... planes cannot be grounded for extended periods”

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network · TIP851: HEICO Vs. TransDigm: Whose Aerospace Monopoly Is Better? w/ Kyle Grieve & Shawn O'Malley

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What was described

rely on sunk costs where airlines cannot replace all components without grounding planes

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