Paris 2011: Ontic takes on OEM burden to support legacy aircraft
When Peg Billson first was approached about the opportunity to take over leadership of http://m.ainonline.com/a/article/bba-aviation-divisions-see
When Peg Billson first was approached about the opportunity to take over leadership of BBA Aviation’s Legacy Support division and its Ontic subsidiary, it took her just a few minutes to understand the unique nature of the company’s business model. The company’s business model is simple: when aircraft reach a certain age, OEMs are faced with deciding whether to deploy limited resources on supporting older products or develop new products that could bring in a lot more revenue.
That’s where Ontic comes in. It is a manufacturer of aircraft parts and components, but unlike other third-party companies, it doesn’t compete with OEMs. “We partner with OEMs,” Billson said. “Whether they want to divest or license, we’re agnostic.”
