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Hong Kong Aircraft Engineering Company Limited

For Immediate Release 15 April 2015

HAECO Group Named as Leading MRO

HAECO Group was today named "Leading Independent MRO Organisation" at the 2015 Aviation Week MRO of the Year Awards held in Miami, Florida. The award recognises HAECO Group's achievement in creating "HAECO Cabin Solutions", a unique, integrated solution for airline customers that combines a full suite of cabin completion and reconfiguration services with comprehensive MRO capability, in order to support the entire life-cycle of an aircraft cabin.

Organised by the leading aviation publication Aviation Week, the Aviation Week MRO of the Year Awards honour the best MRO and aftermarket companies around the world for value-adding achievements and innovations.

"As part of its long-term growth strategy and to complete its service spectrum in the cabin business, HAECO acquired TIMCO Aviation Services in February 2014. Not only did this expand HAECO's operations into North America, but the companies used the opportunity to create a sub-brand, HAECO Cabin Solutions, which saves airlines money by offering full-service cabin integration and reconfiguration services for narrow-body and wide-body aircraft. This is made possible because HAECO Cabin Solutions covers solutions for the entire cabin life-cycle - including design engineering, seat and cabin component manufacturing, cabin completion and reconfiguration, ODA certification, and line and heavy maintenance. The one-stop-shop capability expedites turnaround time and promotes effective resource planning," said Lee Ann Shay, Aviation Week's Chief Editor MRO.

Augustus Tang, HAECO Group's Chief Executive Officer said: "It is a great honour for the HAECO Group to receive the ‘Leading Independent MRO Organisation' award. As an MRO service provider, we have completed over 1,100 cabin reconfiguration projects for a wide variety of customers worldwide. Combining our MRO expertise with cabin design, engineering, certification and post-modification management capabilities to create HAECO Cabin Solutions means we can offer a comprehensive package to our airline customers, optimising time-to-market and ensuring smooth project execution."

"HAECO Cabin Solutions is also an authorised aircraft seat and cabin interior products OEM, providing additional choice for customers in both the retrofit and line fit market," added Mr Tang.

-End-


Jim Sokol, President MRO Services of HAECO Americas (right), received "Leading Independent MRO Organisation" award
from Greg Hamilton, President of Aviation Week (left), and Lee Ann Shay, Chief Editor MRO of Aviation Week (centre).

About Hong Kong Aircraft Engineering Company Limited ("HAECO Group")
HAECO Group is one of the world's leading aircraft engineering and maintenance service providers. The Group provides a comprehensive range of services encompassing Airframe Services, Line Services, Cabin Solutions, Private Jet Solutions, Fleet Technical Management, Inventory Technical Management, Component Overhaul, Aerostructure Repairs, Landing Gear Services, Engine Services, Parts Manufacturing and Technical Training. The HAECO Group consists of 19 subsidiaries and affiliates, employing around 17,000 staff in Hong Kong, Mainland China, Singapore and the United States. The HAECO Group is publicly listed on the Hong Kong Stock Exchange (Stock Code: 00044). HAECO Group's website: www.haeco.com

About Aviation Week
Serving over 1.2 million professionals in 185 countries, Aviation Week is the largest information and services provider to the global commercial, defence, maintenance / repair / overhaul (MRO), space and business aviation communities and plays a critical role in connecting industry professionals worldwide. Anchored by its flagship Aviation Week & Space Technology, Aviation Week continues to grow and evolve its portfolio to meet the needs of the industry. Aviation Week is a division of Penton.


Source: Hong Kong Aircraft Engineering Company Limited
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