Chris Koerner's friend, an executive at a major airplane seat manufacturer, told him there's money in wiring harnesses for seatback displays. Current suppliers charge $6,000 to $10,000 per unit, protected by FAA certification requirements that keep competitors out. Koerner's 15 years importing experience could crack the market.
My friend CJ Told me something shocking. He's an executive for one of the big four airplane seat manufacturers, and he begged me to start a very specific business because the wiring harness for these seatback displays are always breaking. And guess how much his company pays for them? You're not going to believe me, but I don't care. 10 grand for something that looks about like this. You see, any airplane vendor needs to be FAA certified with an airworthiness certification. This regulation creates somewhat of a moat potential competitors. He came to me because I've been importing stuff from China for 15 years. He said, there's all kinds of parts from vendors that get marked up outrageously, and they just pass them on to their customer with some markup. We first had this conversation six years ago, and these cables were six grand. Today they're ten grand. Much more detail right here.
