Hong Kong Aircraft Engineering : TEXL Named First GE90 TRUEngine Authorised MRO

10 May 2016

TEXL Named First GE90 TRUEngine Authorised MRO

Taikoo Engine Services (Xiamen) Co. Ltd. ('TEXL'), a member of the HAECO Group, has become the first TRUEngine authorised MRO for the GE90 engine.

'The TRUEngine MRO designation represents the highest level of quality and technical excellence, and we are very delighted to be the first GE90 overhaul facility to earn the TRUEngine designation. Over the last eight years we have been working closely with GE Aviation to expand our GE90 capabilities to provide the highest standards of technical capability and service to our customers,' said Augustus Tang, CEO of HAECO Group.

'TEXL plays an important role in helping satisfy increasing demand for GE90 overhauls in one of the fastest-growing regions in the world,' said Kevin McAllister, President and CEO of GE Aviation, Services. 'TEXL's commitment to excellence is completely aligned with the values that underpin the TRUEngine MRO programme, and we are very pleased TEXL is the first GE90 overhaul facility to earn the TRUEngine MRO designation.'

To date, TEXL has repaired around 300 GE90 engines. In 2008, TEXL and GE Aviation entered into a long-term GE90 Branded Service Agreement ('GBSA'), which licenses TEXL as an authorised GE90 Service Provider, GE90 Centre of Excellence and the sole holder of a GE90 GBSA in Asia. Operating from a state-of-the-art 38,000 square metre facility, TEXL offers a growing range of component repairs and is equipped with a test cell rated at 150,000 pounds of thrust.

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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 Taikoo Engine Services (Xiamen) Co. Ltd. ('TEXL')
TEXL is a joint venture which was established in Xiamen, China in July 2008 for repair, overhaul and engine test of the GE90 series engines powering the Boeing 777 aircraft. It has received its Part 145 Approval Certificates from Civil Aviation Administration of China ('CAAC'), European Aviation Safety Agency ('EASA') and U.S. Federal Aviation Administration ('FAA') to perform maintenance on GE90-110/115B engines. The shareholders of TEXL are Hong Kong Aircraft Engineering Company Limited ('HAECO Group'), GE Aviation, Taikoo (Xiamen) Aircraft Engineering Company Limited ('HAECO Xiamen'), Cathay Pacific Airways Limited and Xiamen Aviation Industry Company Limited. TEXL's website: www.texl.com.cn

About GE Aviation
GE Aviation, an operating unit of General Electric Company (NYSE: GE), is a world-leading provider of commercial and military jet engines and components as well as integrated digital, electric power, and mechanical systems for aircraft. GE is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the 'GE Store,' through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.