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Home / News / Airlines Turn To Generic Jet Parts From Heico (HEI) Amid Supply Shortage - Bloomberg
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Airlines Turn To Generic Jet Parts From Heico (HEI) Amid Supply Shortage - Bloomberg

Nov 06, 2024Nov 06, 2024

Overdue aircraft, high costs and long waits at the repair shop have created a thriving market for cheaper off-label components.

Persistent shortages of planes and parts are boosting the appeal of off-label repair options. Employees assemble a LEAP jet engine at GE plant in Lafayette, Indiana in 2019.

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Faced with stubborn delays on new jet deliveries, long waits at repair shops and rising maintenance costs, airlines are increasingly willing to consider another option: generic replacement parts.