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      Press Releases

      21 Jun 2021

      HAECO ITM and China Airlines Extend Partnership

      HAECO ITM Limited (“HAECO ITM”), a member of the HAECO Group, announced today that the company has extended its long-standing agreement with China Airlines (“CAL”) to provide inventory technical management support to the airline’s expanding Boeing 777 fleet. The new agreement will run until 2029 and includes the addition of six Boeing 777F aircraft, while the first two aircraft were delivered in December 2020 and all aircraft will be entering into service by 2023. 

      The contract extension covers component MRO, repair management, component pooling, component engineering, consumable and expendable parts support services, AOG support as well as onsite consignment stock in Taipei to all 16 of CAL’s Boeing 777 passenger and freighter fleet.

      William Arblaster, Executive General Manager of HAECO ITM, said, “We are delighted to continue our partnership with China Airlines. The extension, in these challenging times, is a testament to our strong operational relationship.”

      HAECO ITM has been providing inventory technical management support to CAL since 2014. The ongoing co-operation between the two companies affirms the high-quality services provided by HAECO ITM, and the company will continue to ensure its customised, cost-effective solutions bolster CAL’s strong fleet performance.

      -End-

      About HAECO Group
      The HAECO Group is one of the world’s leading aviation product and service providers. The Group provides a comprehensive range of products and services in Airframe, Cabin, Component, and Engine segments. The HAECO Group consists of 16 operating companies, employing around 17,000 staff in Hong Kong, the Chinese mainland, Europe, and the United States. HAECO Group’s website: www.haeco.com

      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 China Airlines (“CAL”)
      Founded in 1959, China Airlines is Taiwan’s largest airline with a fleet of 83 aircraft and more than 11,000 employees world-wide. As one of SkyTeam airline alliance’s 19 members, China Airlines offers passengers access to an extensive global network of more than 1,400 flights weekly to 159 destinations in 29 countries. In 2019, China Airlines has been placed first in the international airlines category of Next Magazine’s 2019 Top Service Awards.  In the same year, China Airlines had success gaining rights to more cargo routes across the Taiwan Strait to support delivery timetables of major customers and also to meet the needs of postal delivery customers. China Airlines’ website: http://www.china-airlines.com