I’ve been through an ISO quality system approval as a general manager of a small OEM automotive manufacturing company. That was a huge task back in 1990. When I look at the CASA MOS of what is required to get an AOC or become an approved maintenance organisation in the way of paperwork and systems,
I assess that the task these days is ten times harder and more expensive today than I experienced.
From that, I don’t see how a greenfield organisation could set up without a huge amount of capital investment and manhours in paperwork.
Then add on the business risk associated with dealing with CASA, as evidenced by what allegedly happened to Glen Buckley and probably others, and it is not a very attractive new investment at all.
That suggests that as organizations go under, they won’t be replaced by new entrants.