Q. Who owns HAECO?
Swire
Swire Pacific
HAECO/Parent organizations
Hong Kong Aircraft Engineering Company Limited (HAECO) is a leading third-party MRO provider based in Hong Kong. Swire Pacific is the majority owner, with a 61% stake in the company.
Q. Is HAECO listed?
HAECO is a company incorporated in Hong Kong with limited liability and is listed on the Stock Exchange. Its principal activity is the provision of overhaul and maintenance services for commercial aircraft.
Q. What does Aviation MRO stand for?
Maintenance, Repair and Overhaul
Maintenance, Repair and Overhaul (MRO)
Q. What does haeco stand for?
HAECO
| Acronym | Definition |
|---|---|
| HAECO | Hong Kong Aircraft Engineering Company |
Q. When did haeco buy timco?
2014
In 2014, the company was acquired by HAECO, a Hong Kong-based division of the British conglomerate Swire Group. Prior to its acquisition by HAECO in 2014, TIMCO was one of the largest independent commercial jet MRO service providers in the world.
Q. What do MRO companies do?
MRO includes everything the maintenance crew does to keep your facility (and the equipment inside it) in good operating condition. In other words, the main goal of MRO is to keep your business operations running smoothly.
Q. What is an MRO in purchasing?
MRO purchasing is indirect spend related to maintenance, repair, and operations (MRO). These purchases ensure a company can keep working but are not directly related to the products and services provided by the company.
Q. How many employees does haeco have?
2,750 employees
Based in Greensboro, NC, HAECO Americas is a key player in the technology industry with 2,750 employees and an annual revenue of $213.7M. To ensure quality of life and providing housing solutions for disabled american veterans of all eras.
Q. What does timco stand for?
TIMCO
| Acronym | Definition |
|---|---|
| TIMCO | Triad International Maintenance Company (Oscoda, Michigan) |
Q. What kind of MRO services does Goodrich TAECO offer?
Goodrich TAECO’s mission is to be the best-in-class aeronautical MRO service provider. Goodrich TAECO offers MRO services for key components in engine control systems, flight control systems, sensors and integrated systems, interiors and other systems manufactured by Collins Aerospace.
Q. When did HAECO go on the stock market?
In its first decade of operation, HAECO trebled its turnover and workforce. The company’s offerings grew as it introduced overhaul services for turboprop aircraft and built its first engine test bed. Highlighting its success, HAECO was floated on the Hong Kong stock market in 1965.
Q. What does Goodrich TAECO do for Collins Aerospace?
Leveraging Collins Aerospace’s comprehensive systems, components and support agreements, Goodrich TAECO helps its customers achieve optimal aircraft utilisation. This translates to optimum convenience for its overseas and domestic customers, which include major airlines and maintenance providers across nearly 30 countries around the world.
Q. When did HAECO acquire TIMCO Aviation Services?
In early 2014, HAECO acquired TIMCO Aviation Services, adding North American MRO airframe and cabin solutions to its portfolio. Additional operations were also launched in Hong Kong, Xiamen, Beijing, Shanghai, Chengdu, Tianjin, Nanjing, Chongqing, Zhengzhou, Wuhan, Harbin, Ningbo and Hangzhou.
