NOVEMBER 6TH, 2013

Talsco to Resume Operations in December

Hong Kong Aircraft Engineering Company Limited (“HAECO”) announced today that its subsidiary company Taikoo (Xiamen) Landing Gear Services Co. Ltd. (“TALSCO”) will resume operations in December 2013, after a localised fire at the premises in November last year.

TALSCO’s U.S. Federal Aviation Administration approvals have been reinstated for the Company’s capabilities on the full series of Boeing 777s, 767s, 757s, 747s, 737NGs, 737CLs and Airbus A320s. It is expected that audits will be carried out by other relevant aviation authorities in the next few weeks, enabling the Company to reinstate its capabilities under other national authorities in due course.

The Company took the opportunity to revamp its facilities and operational processes, including a new plating shop to be completed in the first quarter of 2015. The improvements, supported by updated equipment, additional spares, and skilled workforce, incorporate the latest design elements to meet future market needs, focusing on safety, quality, and production efficiency.

TALSCO always strives to provide value-adding and cost efficient services for its customers. The Company is now well positioned to offer more rotable asset options to large fleet operators requiring multiple landing gear overhaul events within short turnaround time.


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