HAECO Group€¦ · HAECO Group Milestones ... Technical Training 3 . Corporate Overview . ... Rolls-Royce RB-211 and Trent engines in Hong Kong, a GE

HAECO Group

Last updated 9 October 2017

2

Contents

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

Corporate Overview

4 Content Page

Ratings

A- (S&P);

A3 (Moody’s)

Market

Capitalisation*

USD14.3bn

Marine

Services Beverages Aviation

Trading &

Industrial Property

Revenue

USD8.0bn

Profit attributable to

shareholders

USD1.2bn

* As of 10 April 2017 For the year ended 31 December 2016 Swire Pacific is publicly listed on the Hong Kong Stock Exchange

Corporate Overview

5 Content Page

Ground

Services

Cargo

Handling

Aviation

Airlines Catering

Engineering &

Maintenance

* As of 10 April 2017 For the year ended 31 December 2016 Hong Kong Aircraft Engineering Co. and Cathay Pacific are

both publicly listed on the Hong Kong Stock Exchange

Market

Capitalisation*

USD1.15bn

Revenue

USD1.8bn

Profit attributable to

shareholders

USD125m

Shareholding

Swire Pacific 75%

Public 25%


6 Content Page

1950’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

1960’s

Acquired capabilities

on L1011 aircraft and

RB211 engines

1970’s 1980’s

Amount of business

from international

airlines increased

First aircraft

conversion – upgraded

a L1011-1 series

to L1011-150


7 Content Page

Formed TAECO in

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

TAECO opened its fifth

hangar in 2007

Formed SHAECO and

TALSCO in 2007

Formed TEXL and Taikoo

Spirit in 2008

1990’s 2000’s 2010’s

Taikoo Sichuan opened in

2010, followed by

Shanghai Taikoo in 2011

TAECO 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

2010’s

About HAECO Group

HAECO Group Portfolio

9 Content Page

Manpower Distribution

10 Content Page

16,951 Employees

Mainland China 42% (7,054)

Hong Kong 42% (7,166)

Americas 16% (2,708)

Singapore (23)

For the year ended 31 December 2016

Group Capabilities

11 Content Page

Group Capabilities

Content Page 12

Group Capabilities

Content Page 13

Content Page

Customer Profile

Key OEM Relationships

15 Content Page

Sustainable Development

16

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

Health &

Safety

Community

Engagement

Purchasing and

Supply Chain

Stakeholder

Engagement

Sustainable

Development

Environmental

Protection

Content Page

Group Services

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.

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.

Engine

Services Operates world-class repair,

overhaul and testing facilities for

Rolls-Royce RB-211 and Trent

engines in Hong Kong, a GE

Aviation-authorised GE-90 facility

in Xiamen, Mainland China, and a

Pratt & Whitney JT8D facility in

Oscoda, Michigan in the United

States.

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.

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.

Content Page


HAECO provides airframe maintenance, cabin

reconfiguration, structural modification and non-

destructive testing through its 28 hangars in seven

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

19

Airframe Services

Content Page


Locations:

Asia - Hong Kong, Xiamen, Jinan, Chengdu;

Americas - Greensboro, NC; Macon, GA; Lake City,

FL

Number of hangars: 28

Approvals: HKCAD, PRC CAAC, USA FAA,

European Union EASA, Canada TCCA, Bermuda

DCA and 23 other authorities

20

Airframe Services

Content Page


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, 757 and 767 using various

STCs

Locations: Xiamen, Jinan, Greensboro

21

Freighter Conversion

Content Page


HAECO provides line services for over 130 airlines at its

14 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

Line Services

Content Page


Locations:

Asia : Hong Kong, Xiamen, Beijing, Chengdu,

Chongqing, Jinan, Nanjing, Shanghai (Pudong),

Shanghai (Hongqiao), Tianjin, Zhengzhou, Yinchuan

and Singapore

Americas: Greensboro, NC, USA

23

Line Services

Content Page


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

24

Cabin Solutions

Content Page


Cabin Solutions facilities in Greensboro, NC, High Point,

NC, Wallburg, NC, Pacoima, CA 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

25

Cabin Solutions

Content Page


26

Cabin Solutions

Content Page

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 Airbus A350 certification will soon

be available

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 TSO C127(b)

3500 Economy seat – a proven and durable slim profile seat with IFE

provisions suitable for short haul or long haul operators

3040-60 Premium seat – a versatile seat platform suitable for long

haul premium economy and short haul premium cabins depending on

selectable features


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

Cabin Solutions

Content Page


Operates the first Airbus-approved and Boeing-licensed

private jet cabin completion centre in the Asia Pacific

region, specialising in design engineering, certification,

vendor management, manual supplements, as well as

post-modification support for private jets

Turnkey cabin completions for the Airbus Corporate Jet

(ACJ) range

Facilities include a dedicated private jet completion bay

and specialised cabinetry, veneer, upholstery and other

cabin cosmetics shops

28

Private Jet Solutions

Content Page


Operates purpose-built component workshops in Hong

Kong and Mainland China that offer repair and overhaul

of LRUs

Workshops possess capabilities to service mechanical

(including hydraulic, pneumatics and fuel) and avionics

components for major Boeing and Airbus commercial

aircraft types. Capability development for new aircraft

types underway

Other dedicated workshops for handling:

ATE6 avionics testing and repair

Fire bottles with in-house halon recycling facility

Oxygen bottles with hydrostatic test facility

Safety equipment for slides and life rafts

Galley inserts and inflight entertainment systems

in partnership with OEMs

Cargo handling systems and lavatories

Approvals: HKCAD, CAAC, FAA, EASA and other local

aviation authorities

29

Component Services

Content Page


HAECO Spirit AeroSystems in Jinjiang, Mainland

China, specialises in aerostructure repair and overhaul

services, covering nacelles, radomes and flight controls,

with rotable exchange support

Capabilities include Airbus A330 Trent 700 T/R & N/C;

A320 V2500 A5 T/R, F/C & N/C; Boeing 737NG

CFM56-7 T/R; 777 Trent 800, GE90 – 90/94/110/115,

PW4000 T/R; 767, 747 CF6-80C2, PW4000 T/R;

Gulfstream BRJ725 T/R, F/C & N/C; FAJ, paint booth,

clean room, NDT and autoclaves

Additional control surfaces and related aircraft

component repairs provided by HAECO Americas

in the U.S.

30

Component Services

Content Page


Provides repair and overhaul services for landing gear,

with rotable exchange support

Capabilities include Boeing 737, 747, 757, 767, 777 and

Airbus A318, A319, A320, A321

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 and PRC CAAC

31

Component Services

Content Page


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

32

Component Services

Content Page


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

33

Inventory Technical Management

Content Page


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

HAECO Americas operates a repair, overhaul and

testing facilities for Pratt & Whitney JT8D-series

engines in Oscoda, Michigan in the U.S.

Locations: Hong Kong, Xiamen, Oscoda

34

Engine Services

Content Page


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

35

Fleet Technical Management

Content Page


Offers a range of design, fabrication and testing

services for airframe and cabin parts, supported by well-

established OEM relationships

Part 21 certified manufacturer capable of manufacturing

machine parts, sheet metal parts and electrical wire

bundles, structural assembles and cabin interior parts

Other services include NDT, Standard Laboratory

Testing and Tool Calibration

36

Parts Manufacturing

Content Page


Provides training and examination services to domestic

airline customers and MROs in Mainland China as well

as in Asia. The Group provided 5,659 training courses

and trained 75,190 students in 2016

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

37

Technical Training

Content Page

HAECO Group For more information, please visit

www.haeco.com

Documents

HAECO Group€¦ · HAECO Group Milestones ... Technical Training 3 . Corporate Overview . ... Rolls-Royce RB-211 and Trent engines in Hong Kong, a GE