Haeco, China Aircraft Leasing Group sign MOU to build maintenance hub in Hong Kong

Hong Kong Aircraft Engineering Company (Haeco) has signed a memorandum of understanding with the country’s largest independent aircraft lessor to set up a maintenance centre in the city, forging what authorities described as a “powerful alliance” between industry giants.

Under the new agreement, the two Hong Kong-headquartered companies will establish an aircraft engine maintenance centre in the city, with an initial focus on quick-turn services, hospital repair and engine asset management. In aviation, “hospital repairs” refers to relatively extensive maintenance on an aircraft engine but not a full overhaul.

Secretary for Transport and Logistics Mable Chan said on social media that the agreement would help strengthen the city’s status as an international aviation hub.

“This MOU witnesses a powerful alliance between two industry powerhouses, demonstrating the vast potential of complementary strengths and deeper collaboration between the Chinese Mainland and Hong Kong,” she said.

Chan added that as the country’s largest independent aircraft lessor, CALC would bring comprehensive service capabilities and that its technologically diverse fleet provided an “indispensable operating foundation” for the new venture.

“Meanwhile, Haeco boasts a heritage of more than half a century rooted in Hong Kong, backed by the world-class technical expertise of its professionals and cutting-edge facilities that have long cemented its global reputation for engineering mastery,” she said.