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Last update 13 June 2018
HAECO GROUP
Contents
2
1 Corporate Overview
Swire Pacific
HAECO Group Milestones
About HAECO Group
HAECO Group Portfolio
Geographical Presence and Experience
Manpower Distribution
Group Capabilities
Customer Profile
Key OEM Relationships
Sustainable Development
2
Group Services
Airframe Services
Freighter Conversion
Line Services
Cabin Solutions
Private Jet Solutions
Component Services
Engine Services
Inventory Technical Management
Fleet Technical Management
Parts Manufacturing
Technical Training
3
Corporate
Overview
3
4
Corporate Overview
Market
Capitalisation*
USD14.5bn
Revenue
USD10.3bn
Ratings
A- (S&P);
A3 (Moody’s)
Property Beverages Aviation Marine
Services
Trading &
Industrial
* As of 10 April 2018 For the year ended 31 December 2017 Swire Pacific is publicly listed on the Hong Kong Stock Exchange
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Corporate Overview
Aviation
Catering Cargo
Handling
Engineering &
Maintenance
Ground
Services Airlines
Market
Capitalisation*
USD0.94bn
Shareholding
Swire Pacific 75%
Public 25%
Revenue
USD1.9bn
* As of 10 April 2018 For the year ended 31 December 2017 Hong Kong Aircraft Engineering Co. and Cathay Pacific are
both publicly listed on the Hong Kong Stock Exchange
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6
HAECO Group Milestones
1950’s 1960’s 1970’s 1980’s
Established in
November 1950 by the
merger of Swire’s
Pacific Air
Maintenance & Supply
Company (PAMAS)
and Jardine Air
Maintenance Company
(JAMCo)
Floated on the
Hong Kong Stock
Exchange in 1965
Began construction of
Asia’s largest hangar in
1968
Acquired capabilities
on L1011 aircraft and
RB211 engines
Amount of business
from international
airlines increased
First aircraft
conversion – upgraded
a L1011-1 series
to L1011-150
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7
HAECO Group Milestones
1990’s 2000’s 2010’s
Formed HAECO
Xiamen in 1993
Formed HAESL with
Rolls-Royce in 1997
Formed STAECO in
Jinan in 1999
Relocated to new
Hong Kong International
Airport in 1998
HAECO opened second
and third hangars in 2006
and 2009
HAECO Xiamen opened
its fifth hangar in 2007
Formed HAECO Line
Services (Singapore) and
HAECO Landing Gear
Services in 2007
Formed TEXL and
HAECO Composite
Services in 2008
SMECO opened in 2010,
followed by HAECO
Shanghai in 2011
HAECO Xiamen opened
sixth hangar in 2011
HAESL opened Phase V
component repair facility
in 2011
Formed HAECO ITM Ltd.
in 2012
Established HAECO
Component Overhaul
(Xiamen) Ltd. in 2014
Acquired TIMCO Aviation
Services, Inc. in 2014
HAESL opened Phase VI
engine overhaul facility in
2017
HAECO Americas opened
its fifth hangar in 2018
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About
HAECO Group
8
HAECO Group Portfolio
9 Content Page
10
Manpower Distribution
16,641 Employees
Mainland China 43% (7,141)
Hong Kong 43% (7,146)
Singapore (23)
Americas 14% (2,331)
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For the year ended 31 December 2017
Group Capabilities
11 Content Page
12 Content Page
Group Capabilities
13 Content Page
Group Capabilities
Customer Profile
14 Content Page
Key OEM Relationships
15 Content Page
Sustainable Development
16 Content Page
HAECO believes sustainable
development of its business
rests with integration of the
needs for social development
and environmental protection
HAECO is committed to
managing and promoting five
major areas of sustainable
development in the industry
in which it operates
Community
Engagement
Stakeholder
Engagement
Environmental
Protection
Health &
Safety
Purchasing and
Supply Chain
Sustainable
Development
Group Services
17
HAECO Group Services
18
HAECO Group
One of the world’s leading aircraft engineering and
maintenance groups, offering a comprehensive range of
airframe, cabin, engine and component services.
Airframe
Services Offers airframe maintenance,
cabin reconfiguration, structural
modification, freighter conversion
fulfillment, as well as line services
covering transit checks and
certification, defect clearance,
cabin management, ramp services
and 24/7 AOG support across
Asia and the United States.
Cabin
Solutions Provides turnkey cabin integration
solutions for commercial aircraft
and private jets, covering design
engineering, certification and
vendor management. The Group
is an authorised aircraft seat and
cabin interior products OEM.
Component
Services Provides Inventory Technical
Management, component repair
and overhaul services for
hydraulic, mechanical, avionics
and pneumatic systems across
the Airbus and Boeing commercial
aircraft fleets, and with wheels and
brakes, tyres, aerostructures,
landing gear and APUs through
the Group’s subsidiaries and joint
ventures.
Engine
Services Operates world-class repair,
overhaul and testing facilities for
Rolls-Royce RB-211 and Trent
engines in Hong Kong, and a GE
Aviation-authorised GE-90 facility
in Xiamen, Mainland China.
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HAECO Group Services
Airframe Services
HAECO provides airframe maintenance, cabin
reconfiguration, structural modification and non-
destructive testing through its 26 hangars in six
locations in Hong Kong, Mainland China, and the United
States, with technical capabilities covering all common
widebody, narrowbody, and regional commercial aircraft
types
Fully supported by shop facilities such as Composite
Shop, Sheet Metal Shop, Machine Shop, Paint Shop,
Seat Shop, Fabric & Carpet Shop, Retrim Bay, Cable &
Pipe Shop and Battery Shop
Warehouse and logistics services to meet production
requirements on a real-time basis
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HAECO Group Services
Airframe Services
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Locations:
Asia - Hong Kong, Xiamen, Jinan, Chengdu;
Americas - Greensboro, NC; Lake City, FL
Number of hangars: 26
Approvals: HKCAD, PRC CAAC, USA FAA, European
Union EASA, Canada TCCA, Bermuda DCA and 23
other authorities
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HAECO Group Services
Freighter Conversion
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Collaborating with Original Equipment Manufacturers,
Supplemental Type Certificate holders and engineering
companies, the Group also provides freighter
conversion fulfillment services
Service covers major commercial aircraft types
including Boeing 747, 737 and 757 using various STCs
Locations: Xiamen, Jinan, Greensboro
HAECO provides line services for over 140 airlines at its
16 line services stations in Hong Kong, Mainland China,
Singapore, and Greensboro, NC, USA
Comprehensive line services cover transit checks and
certification, defect clearance, engine on-wing services,
cabin management, ramp services, and round-the-clock
AOG support
Maintenance checks up to full 'A' checks on most
commercial aircraft types with various combination of
engine types
ArIES (Aircraft Interior Enhancement Solutions)
provides 24/7 maintenance support services to manage
cabin quality and standards at the Hong Kong
International Airport
22
HAECO Group Services
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Line Services
23
HAECO Group Services
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Line Services
Locations:
Asia: Hong Kong, Xiamen, Beijing, Chengdu,
Chongqing, Harbin, Jinan, Nanjing, Shanghai (Pudong),
Shanghai (Hongqiao), Tianjin, Wuhan, Zhengzhou,
Yinchuan and Singapore
Americas: Greensboro, NC, USA
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HAECO Group Services
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Cabin Solutions
Provision of turnkey cabin integration solutions for
commercial aircraft covering design engineering,
certification and vendor management. The Group is
also an authorised aircraft seat and cabin interior
products OEM
Accomplished FAA, EASA, JCAB and HKCAD STCs for
cabin interior modifications in both the private jet and
commercial airline segments
HAECO Americas holds FAA Organisation Designation
Authorisation (ODA) providing additional benefits to
customers through the design and development
process
25
HAECO Group Services
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Cabin Solutions
Cabin Solutions facilities in High Point, NC and
Wallburg, NC offer a complete range of aircraft seats
and interior products
Products include cost-saving and environmentally-
friendly line of seats, galleys, and lavatories
Unique, purpose-built products such as crew rest
modules, class dividers and other closets and storage
units
Space-saving ceiling stowage compartments
Vector™ Economy seat – ergonomically optimised to fit
passengers comfortably while maintaining low cost, light
weight, comfort, and ease of maintenance. A full line of
standard and selectable features can be tailored to
accommodate both short haul and long haul operators.
Vector™ is available for line-fit for the Boeing 737 and
787, certified for the Airbus A320 and A350
Vector™ Premium seat – minimises the operator’s
acquisition, installation, and maintenance costs through
pre-certification, modular design, parts commonality, and
streamlined manufacturing. Deliverable in six months,
certified to FAA TSO-C127b
Arc™ headrest – featuring the industry’s first double hinge
system, the Arc™ headrest uses multiple points of
customisation which provide an enhanced passenger
experience and can be retrofitted onto existing third-party
platforms
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HAECO Group Services
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Cabin Solutions
Complete parts and components kitting and logistics
support
Single-source provider of carpet solutions including
inventory management, cut, surge, kitting, distribution
and installation
Certified test laboratory including flammability, static,
cycle and dynamic testing capabilities, with a fully
functional test sled on site
Cabin LifeCare™ interior products total care support;
fleet engineering support services; testing and
certification services, and avionics upgrades
27
HAECO Group Services
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Cabin Solutions
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HAECO Group Services
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Private Jet Solutions
Operates the first and only Airbus-approved and Boeing-licensed
cabin completion centre in the Asia Pacific region, encompassing
industrial design, design engineering and certification, cabin
completion supported by specialised cabin support shops, after-
sales support, as well as airframe maintenance
Performed green Airbus ACJ319 cabin completions and Boeing
BBJ retrofits
Holder of Part 21J Design Organisation Approval (DOA) and Part
21G Product Organisation Approval (POA) from HKCAD, and an
approved Designated Modification Design Organisation
Representative (DMDOR) of CAAC. STCs awarded by HKCAD is
validated by EASA, and FAA certification is supported by HAECO
Americas as an FAA-certified ODA
Facilities include a dedicated private jet completion bay and
specialised cabinetry, veneer, upholstery and other cabin
cosmetics shops
Operates purpose-built and AS9110:2016 accredited component
workshops in Hong Kong and Mainland China that offer repair and
overhaul of LRUs
Capabilities to service mechanical (including hydraulic and
pneumatics) and avionics components for major Boeing and Airbus
commercial aircraft types. Airbus A350 component repair capabilities
are in place and will be enhanced
Other dedicated workshops for handling:
ATE6 avionics testing and repair
Fire bottles with in-house halon recycling facility
Oxygen bottles with hydrostatic test facility
Slides, life rafts and other safety equipment
Cargo handling systems and lavatories
Galley inserts and inflight entertainment systems in
partnership with OEMs
Approvals: FAA, EASA, CAAC, HKCAD and other local aviation
authorities
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HAECO Group Services
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Component Services
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HAECO Group Services
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Component Services
HAECO Composite Services in Jinjiang, Mainland China,
specialises in aerostructure repair and overhaul services,
covering nacelles, radomes and flight controls, with
rotable exchange support
Capabilities include:
Radomes of all Airbus series
Airbus A330 Trent 700 T/R & N/C
Airbus A320 V2500 A5 / CFM56-5B T/R, F/C, N/C
& Flight Controls
Boeing 737NG CFM56-7 T/R, F/C, N/C & Flight
Controls
Boeing 777 Trent 800 / PW4000 T/R, F/C & N/C
Boeing 777 GE90-90/94/110/115 T/R, F/C
Boeing 767, 747 CF6-80C2 / PW4000 T/R
FAJ, paint booth, clean room, NDT and autoclaves
Additional control surfaces and related aircraft
component repairs provided by HAECO Americas
in the U.S.
Provides repair and overhaul services for landing gear,
with rotable exchange support
Capabilities include Boeing 737, 747, 757, 767, 777 and
Embraer E190/E195
Comprehensive in-house capabilities, including shot-
peening, Non-Destructive Testing (NDT) and machining
Boeing-approved landing gear shop
Approved Repair Station by USA FAA, European Union
EASA, PRC CAAC, Thai DCA and Indonesia DGCA
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HAECO Group Services
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Component Services
32
HAECO Group Services
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Component Services
Joint Ventures with Original Equipment Manufacturers
(OEMs)
Wheels & Brakes repair & overhaul services
by Goodrich Asia-Pacific in Hong Kong
Aircraft Component repair & overhaul services
by Goodrich TAECO in Xiamen, Mainland China -
fuel pump, FMU, hydraulic actuator
Aircraft Component repair & overhaul services
by Honeywell TAECO in Xiamen, Mainland China
- APU, HMU, heat exchangers, air turbines
Total Aircraft Tyre services by Dunlop Taikoo in
Jinjiang, Mainland China
33
HAECO Group Services
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Inventory Technical Management
Provision of Inventory Technical Management solutions
through HAECO ITM Ltd. – a Joint Venture between
HAECO (70%) and Cathay Pacific (30%)
Services ranging from flexible inventory pooling options,
Power-By-the-Hour support services, repair
management to ad-hoc loans, exchanges and world-
wide AOG support
‘Total Care’ component management solution with
guaranteed service levels and high quality component
maintenance at competitive cost
Extensive component engineering and airline operating
experiences with strong in-house repair capabilities
Strategic relationships with OEMs and world-class
supply chain partners
34
HAECO Group Services
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Engine Services
The Group offers world-class repair, overhaul, and
testing services for Rolls-Royce RB211-524 and the
Trent family of engines through Hong Kong Aero Engine
Services Limited (“HAESL”) in Hong Kong. The facility
features 9 of 21 Rolls-Royce Component Repair Centres
of Excellence
Taikoo Engine Services (Xiamen) Co. Ltd. (“TEXL”) in
Xiamen, Mainland China, is an Authorized GE90™
Service Provider, GE90 Center of Excellence and the
sole holder of a GE90 Branded Service Agreement
(“GBSA”) in Asia
Locations: Hong Kong, Xiamen
35
HAECO Group Services
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Fleet Technical Management
Tailor-made fleet technical and asset management
services
Services include:
Integrated Fleet Management
Continuous Airworthiness Management
Maintenance Support
Design & Certification
Operation Support
Technical Flight Data Management
Leasing Companies Support
A build-to-print manufacturer of airframe parts and
spares for OEMs and aircraft manufacturers, offering
machined parts, sheet metal parts and wire bundles
Holds a range of design and manufacturing capabilities
including process design, tool design, NC programming,
special processes such as plating, NDT and mechanical
testing; manufactures aircraft structure, cabin, and
modification parts, as well as wire bundles and
composite part assemblies
With Nadcap accreditation for NDT, heat treatment and
chemical processing, and capability to provide Boeing
and Airbus-approved special processes
Facilities are certified under HKAR-21 POA, Boeing
BQMS and BVQI (AS9100-2000)
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HAECO Group Services
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Parts Manufacturing
37
HAECO Group Services
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Technical Training
Provides training and examination services to domestic
airline customers and MROs in Mainland China as well
as in Asia. The Group provided 4,431 training courses
and trained 73,536 students in 2017
Approved Training Organisation under Part-147 by
CAAC, CAAS, EASA and HKCAD
Collaborates with Airbus to deploy ‘Training by Airbus’
standards and to provide training on Airbus aircraft at
‘Airbus Competence Training’ facility
The first Maintenance, Repair and Overhaul (MRO)
Organisation and Aircraft Maintenance Training
Organisation (AMTO) in Mainland China equipped with
the Boeing 787 training suite
HAECO Group
38
For more information, please visit
www.haeco.com
