Last update 22 May 2019
HAECO GROUP Last update 22 May 2019 Contents 1 3 Corporate - - PowerPoint PPT Presentation
HAECO GROUP Last update 22 May 2019 Contents 1 3 Corporate - - PowerPoint PPT Presentation
HAECO GROUP Last update 22 May 2019 Contents 1 3 Corporate Overview Group Services Swire Pacific Airframe Services HAECO Group Milestones Freighter Conversion Line Services Cabin Solutions About HAECO Group 2
Contents
2
1
Corporate Overview
Swire Pacific HAECO Group Milestones
About HAECO Group
HAECO Group Portfolio Geographical Presence and Experience Manpower Distribution Group Capabilities Customer Profile Key OEM Relationships Sustainable Development
2
Group Services
Airframe Services Freighter Conversion Line Services Cabin Solutions Private Jet Solutions Component Services Engine Services Global Engine Support Inventory Technical Management Fleet Technical Management Parts Manufacturing Technical Training
3
Corporate Overview
3
4
Corporate Overview
Market Capitalisation*
USD17.4bn
Revenue
HKD84.6bn
Ratings
A- (S&P); A3 (Moody’s)
Property Beverages
Aviation
Marine Services Trading & Industrial
* As of 10 April 2019 For the year ended 31 December 2018 Swire Pacific is publicly listed on the Hong Kong Stock Exchange Content Page
Profit attributable to shareholders
HKD23.6bn
5
Corporate Overview
Aviation
Catering Cargo Handling
Engineering & Maintenance
Ground Services Airlines
*On 30 November 2018, HAECO becomes a wholly-owned subsidiary of Swire Pacific.
Content Page
6
HAECO Group Milestones
1950’s 1960’s 1970’s 1980’s
Established in November 1950 by the merger of Swire’s Pacific Air Maintenance & Supply Company (PAMAS) and Jardine Air Maintenance Company (JAMCo) Floated on the Hong Kong Stock Exchange in 1965 Began construction of Asia’s largest hangar in 1968 Acquired capabilities
- n L1011 aircraft and
RB211 engines Amount of business from international airlines increased First aircraft conversion – upgraded a L1011-1 series to L1011-150
Content Page
7
HAECO Group Milestones
1990’s 2000’s 2010’s
Formed HAECO Xiamen in 1993 Formed HAESL with Rolls-Royce in 1997 Formed STAECO in Jinan in 1999 Relocated to new Hong Kong International Airport in 1998 HAECO opened second and third hangars in 2006 and 2009 HAECO Xiamen opened its fifth hangar in 2007 Formed HAECO Landing Gear Services in 2007 Formed TEXL and HAECO Composite Services in 2008 SMECO opened in 2010, followed by HAECO Shanghai in 2011 HAECO Xiamen opened sixth hangar in 2011 Formed HAECO ITM Ltd. in 2012 Established HAECO Component Overhaul (Xiamen) Ltd. in 2014 Acquired TIMCO Aviation Services, Inc. in 2014 HAESL opened Phase VI engine overhaul facility in 2018 HAECO Americas opened its fifth hangar in Greensboro in 2018 On 30 November 2018, HAECO becomes a wholly-owned subsidiary of Swire Pacific
Content Page
About HAECO Group
8
HAECO Group Portfolio
9 Content Page
10
Manpower Distribution
16,797
Employees
Mainland China 43% (7,253) Hong Kong 42% (7,086) Singapore (21) Americas 15% (2,437)
Content Page For the year ended 31 December 2018
Group Capabilities
11 Content Page
12 Content Page
Group Capabilities
13 Content Page
Group Capabilities
Customer Profile
14 Content Page
Key OEM Relationships
15 Content Page
Sustainable Development
16 Content Page
HAECO believes sustainable development of its business rests with integration of the needs for social development and environmental protection
HAECO is committed to managing and promoting five major areas of sustainable development in the industry in which it operates
Community Engagement Stakeholder Engagement Environmental Protection Health & Safety Purchasing and Supply Chain
Sustainable Development
Group Services
17
HAECO Group Services
18
HAECO Group One of the world’s leading aircraft engineering and maintenance groups, offering a comprehensive range of airframe, cabin, component and engine services. Airframe Services
Offers airframe maintenance, cabin reconfiguration, structural modification, freighter conversion fulfillment, as well as line services covering transit checks and certification, defect clearance, cabin management, ramp services and 24/7 AOG support across Asia and the United States.
Component Services
Provides Inventory Technical Management, component repair and overhaul services for hydraulic, mechanical, avionics and pneumatic systems across the Airbus and Boeing commercial aircraft fleets, and with wheels and brakes, tyres, aerostructures, landing gear and APUs through the Group’s subsidiaries and joint ventures.
Engine Services
Operates world-class repair,
- verhaul and testing facilities for
Rolls-Royce RB-211 and Trent engines in Hong Kong, and a GE Aviation-authorised GE-90 facility in Xiamen, Mainland China. The Group also provides 24/7 on-wing and off-wing engine support in Hong Kong and around the world.
Content Page
Cabin Solutions
Provides turnkey cabin integration solutions for commercial aircraft and private jets, covering design engineering, certification and vendor
- management. The Group is an
authorised aircraft seat and cabin interior products OEM.
19
HAECO Group Services
Airframe Services
HAECO provides airframe maintenance, cabin reconfiguration, structural modification and non- destructive testing through its 27 hangars in six locations in Hong Kong, Mainland China, and the United States, with technical capabilities covering all common widebody, narrowbody, and regional commercial aircraft types Fully supported by shop facilities such as Composite Shop, Sheet Metal Shop, Machine Shop, Paint Shop, Seat Shop, Fabric & Carpet Shop, Retrim Bay, Cable & Pipe Shop and Battery Shop Warehouse and logistics services to meet production requirements on a real-time basis
Content Page
20
HAECO Group Services
Airframe Services
Content Page
Locations: Asia - Hong Kong, Xiamen, Jinan, Chengdu; Americas - Greensboro, NC; Lake City, FL Number of hangars: 27 Approvals: HKCAD, PRC CAAC, USA FAA, European Union EASA, Canada TC, Bermuda CAA and 26 other authorities
21
HAECO Group Services
Freighter Conversion
Content Page
Collaborating with Original Equipment Manufacturers, Supplemental Type Certificate holders and engineering companies, the Group also provides freighter conversion fulfillment services Service covers major commercial aircraft types including Boeing 737 and 757 using various STCs Locations: Xiamen, Jinan, Greensboro
HAECO provides line services for over 140 airlines at its 15 line services stations in Hong Kong, Mainland China, and Greensboro, NC, USA Comprehensive line services cover transit checks and certification, defect clearance, engine on-wing services, cabin management, ramp services, and round-the-clock AOG support Maintenance checks up to full 'A' checks on most commercial aircraft types with various combination of engine types ArIES (Aircraft Interior Enhancement Solutions) provides 24/7 maintenance support services to manage cabin quality and standards at the Hong Kong International Airport
22
HAECO Group Services
Content Page
Line Services
23
HAECO Group Services
Content Page
Line Services
Locations: Asia: Hong Kong, Xiamen, Beijing, Chengdu, Chongqing, Harbin, Jinan, Nanjing, Ningbo, Shanghai (Pudong), Shanghai (Hongqiao), Tianjin, Wuhan and Zhengzhou Americas: Greensboro, NC, USA
24
HAECO Group Services
Content Page
Cabin Solutions
Provision of turnkey cabin integration solutions for commercial aircraft covering design engineering, certification and vendor management. The Group is also an authorised aircraft seat and cabin interior products OEM Accomplished FAA, EASA, JCAB and HKCAD STCs for cabin interior modifications in both the private jet and commercial airline segments HAECO Americas holds FAA Organisation Designation Authorisation (ODA) providing additional benefits to customers through the design and development process
25
HAECO Group Services
Content Page
Cabin Solutions
Cabin Solutions facilities in High Point, NC and Wallburg, NC offer a complete range of aircraft seats and interior products Products include cost-saving and environmentally- friendly line of seats, galleys, and lavatories Unique, purpose-built products such as crew rest modules, class dividers and other closets and storage units Space-saving ceiling stowage compartments
Vector™ Economy V2 is certified to TSO C127b and carries industry-leading warranty. It minimises the operator’s acquisition, installation and maintenance costs through pre- certification, modular design, parts commonality, and streamlined manufacturing. Available for the Boeing 737, 777, 787 and Airbus A320, A330, A350 Vector™ Premium V2 combines comfort, reliability and maintainability in a customisable and industry-leading lightweight design. Part count minimisation, carbon fiber back and seat pan make the seat one of the lightest products in its
- class. Available for the Boeing 737, 777, 787 and Airbus
A320, A330, A350, A380 Eclipse™ employs angled, offset seating technology and can be configured to maximise passenger places (PAX), privacy, and amenities without compromising seat width, pitch or
- egress. It can be installed at a traditional premium economy
pitch range, providing up to a 14% increase in PAX within the same cabin space
26
HAECO Group Services
Content Page
Cabin Solutions
Complete parts and components kitting and logistics support Single-source provider of carpet solutions including inventory management, cut, surge, kitting, distribution and installation Certified test laboratory including flammability, static, cycle and dynamic testing capabilities, with a fully functional test sled on site Cabin LifeCare™ interior products total care support; fleet engineering support services; testing and certification services, and avionics upgrades
27
HAECO Group Services
Content Page
Cabin Solutions
28
HAECO Group Services
Content Page
Private Jet Solutions
Operates the first and only Airbus-approved and Boeing-licensed cabin completion centre in the Asia Pacific region, encompassing industrial design, design engineering and certification, cabin completion supported by specialised cabin support shops, after- sales support, as well as airframe maintenance Performed green Airbus ACJ319 cabin completions and Boeing BBJ retrofits Holder of Part 21J Design Organisation Approval (DOA) and Part 21G Product Organisation Approval (POA) from HKCAD, Part 21J DOA from EASA (for minor changes and repairs), and an approved Designated Modification Design Organisation Representative (DMDOR) of CAAC. STCs awarded by HKCAD are validated by EASA, and FAA certification is supported by HAECO Americas as an FAA-certified ODA Facilities include a dedicated private jet completion bay and specialised cabinetry, veneer, upholstery and other cabin cosmetics shops
HAECO Component Overhaul operates purpose-built and AS9110:2016 accredited component workshops in Hong Kong and Mainland China that offer repair and overhaul of LRUs Capabilities to service mechanical (including hydraulic and pneumatics) and avionics components for major Boeing and Airbus commercial aircraft types. Airbus A350 component repair capabilities are in place and will be enhanced OEM-appointed and authorised repair station and distributor to provide in-warranty and out-of-warranty repair support for aircraft operators in the region Approvals: FAA, EASA, CAAC, HKCAD and other local aviation authorities
29
HAECO Group Services
Content Page
Component Services
30
HAECO Group Services
Content Page
Component Services
HAECO Composite Services in Jinjiang, Mainland China, specialises in aerostructure repair and overhaul services, covering nacelles, radomes and flight controls, with rotable exchange support Capabilities include:
Radomes of all Airbus series
Airbus A330 Trent 700 T/R & N/C
Airbus A320 V2500 A5 / CFM56-5B T/R, F/C, N/C & Flight Controls
Boeing 737NG CFM56-7 T/R, F/C, N/C & Flight Controls
Boeing 777 Trent 800 / PW4000 T/R, F/C & N/C
Boeing 777 GE90-90/94/110/115 T/R, F/C
Boeing 767, 747 CF6-80C2 / PW4000 T/R
FAJ, paint booth, clean room, NDT and autoclaves The newly-opened HAECO Composite Services facility at HAECO Americas in Greensboro, NC, USA, possesses additional composite repair capabilities
HAECO Landing Gear Services provides repair and
- verhaul services for landing gear, with rotable
exchange support Capabilities include Boeing 737, 747, 757, 767, 777 and Embraer E190 / E195 Comprehensive in-house capabilities, including shot- peening, Non-Destructive Testing (NDT) and machining Boeing-approved landing gear shop Approved Repair Station by USA FAA, European Union EASA, PRC CAAC, Thailand CAAT and Indonesia DGCA
31
HAECO Group Services
Content Page
Component Services
32
HAECO Group Services
Content Page
Component Services
Joint Ventures with Original Equipment Manufacturers (OEMs)
Wheels & Brakes repair & overhaul services by Goodrich Asia-Pacific in Hong Kong
Aircraft Component repair & overhaul services by Goodrich TAECO in Xiamen, Mainland China - fuel pump, FMU, hydraulic actuator
Aircraft Component repair & overhaul services by Honeywell TAECO in Xiamen, Mainland China
- APU, HMU, heat exchangers, air turbines
Total Aircraft Tyre services by Dunlop Taikoo in Jinjiang, Mainland China
33
HAECO Group Services
Content Page
Inventory Technical Management
Provision of Inventory Technical Management solutions through HAECO ITM Ltd. – a Joint Venture between HAECO (70%) and Cathay Pacific (30%) Services range from flexible inventory pooling, Power- By-the-Hour support, repair management, loans and exchanges, and world-wide AOG support Component management solution with guaranteed service levels and high quality component maintenance at competitive rates Extensive component engineering and airline operating experiences with strong in-house repair capabilities Strategic relationships with OEMs and world-class supply chain partners
34
HAECO Group Services
Content Page
Engine Services
The Group offers world-class repair, overhaul, and testing services for Rolls-Royce RB211-524 and the Trent family of engines through Hong Kong Aero Engine Services Limited (“HAESL”) in Hong Kong. The facility features 9 of 21 Rolls-Royce Component Repair Centres
- f Excellence
Taikoo Engine Services (Xiamen) Co. Ltd. (“TEXL”) in Xiamen, Mainland China, is an Authorized GE90™ Service Provider, GE90 Center of Excellence and the sole holder of a GE90 Branded Service Agreement (“GBSA”) in Asia. TEXL offers full overhaul, engine test and component repair services for GE90 series engines Locations: Hong Kong, Xiamen
35
HAECO Group Services
Content Page
Global Engine Support
Provides 24/7 on-wing and off-wing engine support in Hong Kong and around the world from its base at the Hong Kong International Airport Services include:
Full video borescopes using the latest Olympus and GE boroscope kits with detailed reports
Lease Return Services
Climatically-controlled Engine Storage
AD and SB Incorporation
EBU and QEC Transfers
Quick turn repairs in shop or on-site
Dedicated NDT team deployable world-wide for routine and ad-hoc inspection requirements
Replacement of LRU, EGB and SAGB Approvals: HKCAD, EASA and FAA
36
HAECO Group Services
Content Page
Fleet Technical Management
Tailor-made fleet technical and asset management services Services include:
Integrated Fleet Management
Continuous Airworthiness Management
Maintenance Support
Design & Certification
Operation Support
Technical Flight Data Management
Leasing Companies Support
A build-to-print manufacturer of airframe parts and spares for OEMs and aircraft manufacturers, offering machined parts, sheet metal parts and wire bundles Holds a range of design and manufacturing capabilities including process design, tool design, NC programming, special processes such as plating, NDT and mechanical testing; manufactures aircraft structure, cabin, and modification parts, as well as wire bundles and composite part assemblies With Nadcap accreditation for NDT, heat treatment and chemical processing, and capability to provide Boeing and Airbus-approved special processes Facilities are certified under HKAR-21 POA, Boeing BQMS and BVQI (AS9100-2000)
37
HAECO Group Services
Content Page
Parts Manufacturing
38
HAECO Group Services
Content Page
Technical Training
Provides training and examination services to domestic airline customers and MROs in Mainland China as well as in Asia. The Group provided 4,054 training courses and trained 71,444 students in 2018 Approved Training Organisation under Part-147 by CAAC, CAAS, EASA and HKCAD A training partner of Airbus and a member of the “Training by Airbus” network to provide Airbus A320, A330 and A350 type training on behalf of Airbus The first Maintenance, Repair and Overhaul (MRO) Organisation and Aircraft Maintenance Training Organisation (AMTO) in Mainland China equipped with the Boeing 787 training suite
HAECO Group
39
For more information, please visit www.haeco.com