10 Jan 2018


HAECO Xiamen Redelivers YTO Cargo Airlines' First Boeing 757 PCF

On 25 December 2017, HAECO Xiamen redelivered YTO Cargo Airlines' ('YTO') first Boeing 757-200 converted freighter with Supplemental Type Certificate ('STC') partner Precision Aircraft Solutions ('Precision'). HAECO Xiamen has partnered with Precision on the Boeing 757-200 passenger-to-freighter conversion since 2010, having completed 18 such converted freighters.

Mr David Su, Chairman of YTO, said: 'The introduction of Boeing 757 in the YTO fleet will better facilitate our future expansion into the domestic trunk routes and cross-border e-commerce business.'

'Precision is honoured to be selected by YTO to perform the conversion of YTO's first Boeing 757-200 PCF with our long-term partner, HAECO Xiamen. Our combined strengths in engineering design, installation and heavy maintenance, have produced a high quality and reliable product. We look forward to building a substantial fleet of converted Boeing 757 for YTO,' said Mr Gary Warner, President of Precision Aircraft Solutions.

Summit Chan, CEO of HAECO Xiamen, said: 'This is a special occasion as we mark the beginning of our collaboration with YTO. The parties worked seamlessly together to redeliver YTO's first Boeing 757-200 PCF in a timely and efficient manner. We look forward to continuing the close co-operation with our partners in this burgeoning market segment.'

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About Hong Kong Aircraft Engineering Company Limited ('HAECO Group')
The 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 17 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 HAECO Xiamen
Founded in 1993, HAECO Xiamen is a leading Maintenance, Repair and Overhaul (MRO) service provider in Asia Pacific. It offers a full range of airframe services, including airframe maintenance, modification, cabin reconfiguration, passenger-to-freighter conversions, and line services at 10 airports in China. The Company is also home to HAECO Private Jet Solutions - Asia's first and only facility approved by Airbus and licensed by Boeing to provide comprehensive design engineering, certification, and cabin completion for private jets. As a one-stop MRO provider, HAECO Xiamen operates its own certified aviation parts manufacturing and testing facilities, and runs a public training and license examination centre. This caters to both the technical and non-technical training needs of the MRO industry throughout the region. HAECO Xiamen is part of the HAECO Group, and The Boeing Company, Cathay Pacific Airways Ltd., Japan Airlines International Co. Ltd., Xiamen Aviation Industry Co. Ltd. and Beijing Kailan Aviation Technology Industry & Services Co. Ltd. are its other shareholders. The Company employs around 4,500 staff in China.

HAECO - Hong Kong Aircraft Engineering Co. Ltd. published this content on 10 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 January 2018 08:54:05 UTC.

Original documenthttp://www.haeco.com/EN/PressRoom/Press-Release-Detail.aspx?key=0df328de-200b-43ce-98d1-37bb33e27537

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