One of Asia's longest serving aircraft Maintenance, Repair and Overhaul (MRO) centres, Hong Kong Aircraft Engineering Company Ltd. (HAECO), signed an agreement with Airbus to become a new member of the Airbus MRO Network. Established in 1950, HAECO has been supplying a range of aircraft services in Hong Kong and more recently through its subsidiary Taikoo (Xiamen) Aircraft Engineering Co. Ltd. (TAECO) at Xiamen in China.

The Airbus MRO Network ensures a worldwide availability of competitive, quality maintenance services from MRO providers with Airbus aircraft experience. Since its launch in March 2005, Airbus has completed the first cycle of performance benchmarks on maintenance efficiency and customer satisfaction with the members. Currently the first round of management review meetings with the MRO providers is being conducted, which will result in specific improvement actions taken by the members.

"Joining the MRO Network will provide us with a great opportunity to work closer with Airbus and participate in their initiatives, which will benefit both HAECO and the services we provide to our customers and other Airbus operators" says PK Chan, Deputy Chairman and Chief Executive Officer of HAECO.

Patrick Gavin, Executive Vice President, Airbus Customer Services, said, "We are very excited that HAECO has joined the Network. With their wealth of experience and excellent reputation, HAECO will make a welcome addition to our Network of first class MRO providers."

The Airbus MRO Network includes the following 13 members:

Air Canada Technical Services
Air France Industries
Air New Zealand Engineering Services
Hong Kong Aircraft Engineering Company
Iberia Maintenance
Sabena Technics
SIA Engineering Company
Singapore Technologies Aerospace
SR Technics Switzerland
TACA Aeroman
TAP Maintenance & Engineering
TIMCO Aviation Services

A leading aircraft manufacturer with the most modern and comprehensive product line on the market, Airbus is a global company with design and manufacturing facilities in France, Germany, the UK, and Spain as well as subsidiaries in the U.S, China and Japan. Headquartered in Toulouse, France, Airbus is an EADS joint Company with BAE Systems.