“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
Play from 43:54
43:54
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What was described
rely on sunk costs where airlines cannot replace all components without grounding planes
Said nearby on the same subject
“If you want to be consistent for the next 5, 10, 15 years, you cannot do it without investing in your physical and mental health because that is the vehicle that's got to get you through all of the obstacles that you're going to face”
“If you don't have transparency into the main core numbers of your business on an almost immediate basis, it's like flying a plane without having a cockpit”