HAECO ITM Limited (“HAECO ITM”), a member of the HAECO Group, is pleased to announce that the company has signed an exclusive contract with Silk Way West Airlines to provide inventory technical management support to the airline’s Boeing 747-8F fleet. The new agreement will run until 2029.

Under the new agreement, Silk Way West Airlines will benefit from gaining access to HAECO ITM’s pool of components in Hong Kong with guaranteed service levels.  The scope of work includes comprehensive component repair management and engineering services, pool access services including AOG support and component logistics and transportation.  

Mr. William Arblaster, Executive General Manager of HAECO ITM, said: “HAECO ITM strives to be a leader in supporting cargo and freighter operators with innovative and cost-effective component availability solutions. We are delighted to extend our relationship with Silk Way West Airlines - a customer of the HAECO Group for many years.” 

Mr. Emin Safarov, General Director of Silk Way Technics, said: “Operating its fleet of 747-8F aircraft, Silk Way West Airlines perfectly understands the role and responsibility of an effective spare parts inventory management and supply organisation. Among other benefits, timely provision of spare parts to an operating airline with the cooperation of HAECO is the guarantee of stable performance that will help Silk Way West Airlines to provide the best possible service to its customers and partners.” 

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About HAECO Group
HAECO Group is one of the world’s leading aircraft engineering and maintenance service providers. We provide a comprehensive range of solutions 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, global engine support, parts manufacturing and technical training. HAECO Group comprises 16 operating companies, employing around 15,000 staff in Hong Kong, Chinese Mainland, Europe and the United States. Learn more at www.haeco.com or follow us on LinkedIn and Twitter for the latest updates.

About HAECO ITM Limited (“HAECO ITM”)
A joint venture formed in Hong Kong between HAECO and Cathay Pacific Airways in 2012, HAECO ITM provides services ranging from flexible inventory pooling options, Power-By-The-Hour support services and repair management to ad-hoc loans, exchanges and worldwide AOG support. With extensive component engineering and airline operating experience and strong in-house repair capabilities, HAECO ITM offers customised, innovative and cost-effective component management solutions with guaranteed service level and high quality component maintenance at competitive cost, ensuring customer fleet performance and technical dispatch reliability whilst providing cost visibility.

About Silk Way West Airlines 
Founded in 2012 in Baku, at the heart of the Silk Road, Silk Way West Airlines operates around 350 monthly flights across the globe via its fleet of 12 dedicated Boeing 747-8F and 747-400F aircraft based at Heydar Aliyev International Airport. On April 28, 2021, Silk Way West Airlines signed a strategic fleet expansion agreement with Boeing for the purchase of five state-of-the-art 777 Freighters. The airline's annual cargo turnover exceeds 500,000 tons, while its growing route network covers over 40 destinations across Europe, the CIS, the Middle East, Central and Eastern Asia, and the Americas. South Korea’s Incheon Airport honored Silk Way West Airlines with the prestigious ‘Cargo Airline of the Year 2020’ award.