HAECO signs MoU with Cathay Pacific Airways on Airframe Inventory Technical Management

Victoria
By Victoria January 11, 2012 13:01

HAECO signs MoU with Cathay Pacific Airways on Airframe Inventory Technical Management

Hong Kong Aircraft Engineering Company Limited (HAECO) has entered into a memorandum of understanding with Cathay Pacific Airways in relation to the management of the group’s airframe rotable components.

The transaction is expected to yield benefits in component asset utilisation, pool synergy, business scalability, supplier relationships, and physical component repair capability development opportunities, putting HAECO in a strong position to secure potential customers in the Asia Pacific region where strong growth is expected. The HAECO Inventory Technical Management business is based in Hong Kong, with excellent logistics infrastructure and freight network coverage to serve airline needs around the world.

“We are delighted to have reached a significant milestone with Cathay Pacific, strengthening the strategic position of this business in our portfolio,” said Augustus Tang, HAECO’s CEO.

Victoria
By Victoria January 11, 2012 13:01
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fmaintenance%2Fhaeco-signs-mou-with-cathay-pacific-airways-on-airframe-inventory-technical-management%2F"> registered </a> users can comment.