HAECO and CALC sign MoU to advance Hong Kong's aviation hub development through engine support platform collaboration

HAECO, a leading global provider of aircraft maintenance, repair and overhaul (MRO) services, and China Aircraft Leasing Group Holdings Limited (CALC) have signed a Memorandum of Understanding (MoU) to establish a strategic framework for jointly developing an engine lifecycle support platform in Hong Kong.

The MoU represents a major step in the two companies’ shared efforts to strengthen Hong Kong’s position as a leading international aviation hub through closer cooperation in high-value aviation services.

Under the agreement, HAECO and CALC will explore the establishment of an engine quick-turn platform in Hong Kong, initially focusing on quick-turn services, hospital repairs and engine asset management. The partnership will also aim to optimise the use of used serviceable materials (USM) and maximise value throughout the aircraft lifecycle.

By combining HAECO’s global MRO expertise with CALC’s aircraft asset management capabilities and commercial support, the collaboration is expected to enhance regional aviation support, drive innovation and strengthen supply chain resilience.

Richard Sell, Chief Executive Officer of HAECO Group, said, “The timing of the partnership is significant. It brings together two Hong Kong-based companies with a shared ambition to support the industry’s future growth and reinforce Hong Kong’s position in the global aviation value chain. We look forward to working closely with CALC to create greater value for our customers, for the broader industry, while contributing to Hong Kong's development as an international aviation hub and a leading centre for aviation services.”

Mike Poon, Chief Executive Officer of CALC, said, “Hong Kong has long been recognised as a global centre for aviation, supported by its strategic location, world-class infrastructure and deep industry expertise. We are delighted to partner with HAECO to advance high value-added aviation services in Hong Kong and the wider region, enhance aircraft asset utilisation, and unlock new opportunities across the aviation value chain. Together, we are committed to advancing the development of the aviation industry, in a way that reflects the vision of China's 15th Five-Year Plan.”