Aircraft engineering and MRO services provider HAECO and China Aircraft Leasing Group Holdings Limited (CALC) have signed a Memorandum of Understanding (MoU) to explore the development of an engine lifecycle support platform in Hong Kong.
The two companies will initially focus on establishing an engine quick-turn platform offering quick-turn services, hospital repairs and engine asset management.
The collaboration will also explore opportunities to optimise the use of used serviceable material (USM) and generate greater value across the aircraft lifecycle.
HAECO and CALC said the partnership is intended to strengthen regional aviation support capabilities, foster innovation and improve supply chain resilience.
Richard Sell, chief executive of HAECO Group, said: “The timing of the partnership is significant. It brings together two Hong Kong-based companies with a shared ambition to support the industry’s future growth and reinforce Hong Kong’s position in the global aviation value chain.
“We look forward to working closely with CALC to create greater value for our customers, for the broader industry, while contributing to Hong Kong's development as an international aviation hub and a leading centre for aviation services.”
Mike Poon, chief executive of CALC, said: “Hong Kong has long been recognised as a global centre for aviation, supported by its strategic location, world-class infrastructure and deep industry expertise.
“We are delighted to partner with HAECO to advance high value-added aviation services in Hong Kong and the wider region, enhance aircraft asset utilisation, and unlock new opportunities across the aviation value chain.
"Together, we are committed to advancing the development of the aviation industry, in a way that reflects the vision of China's 15th Five-Year Plan.”
