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Aircraft warranty is very similar to the warranty you get when you buy a new car. Components and Line Replaceable Units(LRU's) have a warranty if removed before a specified time. For new aircraft, some components are replaced and overhauled for free up to a specified date.

Some airlines establish overhaul contracts with vendors for refurbrishment of wheel & tire assemblies and brakes with a guaranteed Landings Per Overhaul (LPO's). If the brake is removed with less than the guaranteed performance, the cost is reduced.

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Q: What does aircraft warranty mean?
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