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Aviation | Swire Pacific Limited

Aviation
An acclaimed international airline, a global aircraft engineering group, plus passenger, cargo and catering services
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The Group's Aviation Division comprises an associate interest in the Cathay Group and the wholly owned Hong Kong Aircraft Engineering Company (“HAECO”) Group. Cathay Group includes Cathay Pacific, two wholly owned airline subsidiaries, and an associate interest in Air China. Business interests also include flight catering, ground services, cargo handling, and cargo terminal operations. HAECO is one of the world’s largest independent MRO service providers in terms of capacity.

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The Cathay Group

The Cathay Group

The Cathay Group includes Cathay Pacific Airways, Hong Kong Express Airways (“HK Express”) and AHK Air Hong Kong ("Air Hong Kong"); Cathay Group also has an associate interest in Air China and Air China Cargo.

In addition, Group subsidiaries provide flight catering and ramp and passenger handling services, and Cathay Group owns and operates a cargo terminal at Hong Kong International Airport.

Cathay Pacific Airways Limited is Hong Kong's home carrier and a leading international airline, operating one of the most modern fleets in the skies and with an outstanding reputation for the quality of its products and services. Swire Pacific is Cathay Pacific's principal shareholder, with a 45% shareholding, while the other major shareholder is Air China (29.99%). The strategic partnership between Cathay Pacific and Air China has helped to form one of the airline industry's strongest groupings.

Cathay Pacific is committed to strengthening Hong Kong's position as a global aviation hub and gateway to the Chinese Mainland.

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The Cathay Pacific team takes pride in delivering service that rises above customer expectations.

Hong Kong Express Airways Limited ("HK Express"), a wholly owned subsidiary of Cathay Pacific, is Hong Kong’s only low-cost carrier. The airline currently operates 26 aircraft and had ordered 16 new aircraft for delivery up to 2025. 

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AHK Air Hong Kong Limited ("Air Hong Kong"), a wholly owned subsidiary of Cathay Pacific, operates express cargo services for DHL Express. Air Hong Kong currently operates 15 freighters.

A wholly owned subsidiary of Cathay Pacific, Cathay Pacific Services Limited ("CPSL") owns and operates the Cathay Cargo Terminal at Hong Kong International Airport. The terminal's annual handling capacity is 2.7 million tonnes.

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Cathay Pacific Airways is one of the biggest air cargo handlers in the world.

Cathay Pacific Catering Services (H.K.) Limited ("CPCS") is a wholly owned subsidiary of Cathay Pacific. CPCS operates the principal flight kitchen in Hong Kong, where it provides flight catering services to 51 international airlines. In 2019, CPCS produced 29.6 million meals and handled 70,520 flights.

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Cathay Pacific Catering Services runs Hong Kong's largest and one of the world's most sophisticated flight kitchens.

Cathay Pacific Catering Services has a 40% shareholding in Cebu Pacific Catering Services Inc., based in Cebu in the Philippines.

Swire Pacific holds a 22.05% interest in China Pacific Catering Services Limited, which is a subsidiary of Taiwan's flag carrier, China Airlines. The company's highly automated facilities have the capacity to produce up to 30,000 meals a day.

Cathay Pacific has a 30% shareholding in CLS Catering Services Limited. The company operates two in-flight catering facilities in Vancouver and Toronto, and a retail facility in Calgary, all in partnership with LSG Lufthansa Service. The two in-flight catering facilities have the capacity to produce 20,000 and 25,000 meals a day respectively.

A wholly owned subsidiary of Cathay Pacific, Hong Kong Airport Services Limited ("HAS") provides ramp and passenger handling services at Hong Kong International Airport. HAS provides ground services to 23 airlines, including Cathay Pacific.

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HAS provides essential ground services at Hong Kong International Airport.

Wholly owned by Cathay Pacific Airways, Vogue Laundry Service Limited has a client base of international airlines and hotels, and many well-known clubs and institutions in Hong Kong. Vogue has the largest commercial laundry plant in East Asia.

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China Pacific Laundry Services Limited is a joint venture between Swire Pacific (45%) and China Airlines (55%). Its large, modern facilities near Taoyuan International Airport, Taipei, serve a rapidly expanding customer base that includes international airlines, hotels and clubs.

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HAECO Group

HAECO Group

The HAECO Group one of the world’s leading aircraft engineering and maintenance service providers. Its principal subsidiaries are HAECO Hong Kong, HAECO Xiamen, and HAECO Americas. In addition to base and line maintenance and modification work, the HAECO Group's operating companies provide a comprehensive range of products and services in the airframe, cabin, component and engine segments.

Formed in 1950, HAECO Hong Kong is home to the headquarters of the HAECO Group. Based at Hong Kong International Airport ("HKIA"), the company offers a full range of services including airframe services, line services, component services, engine services, inventory technical management, cabin solutions, freighter conversions, technical training and AOG support.

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The HAECO Group is continually expanding the range of quality aircraft engineering solutions offered to its customers.

HAECO ITM Limited is a joint venture between HAECO (70%) and Cathay Pacific Airways (30%). Based in Hong Kong, the company provides inventory technical management of components, including supply, pool management, repair and overhaul, as well as 24/7 aircraft-on-ground ("AOG") support, for Cathay Pacific Airways and other airlines.

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HAECO ITM offers cost-effective, innovative and tailor-made inventory technical management solutions to meet the needs of its customers.

HAECO has a 49% shareholding in Goodrich Asia-Pacific Limited, which refurbishes carbon brakes and wheel hubs in Hong Kong.

Hong Kong Aero Engine Services Limited ("HAESL") provides repair and overhaul services for Rolls-Royce engines and their components, serving airlines in the HKSAR, the Chinese Mainland, the Middle East and elsewhere. The company is a joint venture between HAECO (50%) and Rolls-Royce (50%). Located in Tseung Kwan O, in Hong Kong's New Territories, HAESL operates from an advanced facility with capacity to handle 300 engines per year. It is equipped with one of the largest test cells in Asia, capable of testing engines generating up to 130,000 pounds of thrust. HAESL is one of only a few engine MROs that have the capability to overhaul Trent XWB engines.

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HAESL is one of only a few engine MROs that have the capability to overhaul Trent XWB engines.

HAECO Group owns 58.55% of Taikoo (Xiamen) Aircraft Engineering Company Limited ("HAECO Xiamen") - a leading MRO service provider in the Asia Pacific region. The company offers a full range of airframe services, including airframe maintenance, modification, cabin reconfiguration, passenger-to-freighter conversion, and line services at key airports on the Chinese Mainland. HAECO Xiamen is also home to the HAECO Group's Private Jet Cabin Completion Centre – the first facility of its kind in Asia to be approved by Airbus and licensed by Boeing. As a one-stop MRO service provider, HAECO Xiamen operates its own certified aviation parts manufacturing and testing facilities. The company also operates a training and licence examination centre that caters to the technical and non-technical training needs of the MRO industry throughout the Asia Pacific region.

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One of the foremost MRO service providers in Asia-Pacific, HAECO Xiamen's comprehensive service portfolio includes airframe services, line services, parts manufacturing, technical training and private jet solutions.

Shanghai Taikoo Aircraft Engineering Services Company Limited ("HAECO Shanghai") is a joint venture between HAECO, HAECO Xiamen and Shanghai Foreign Aviation Service Corporation. It provides line services in Shanghai and Nanjing.

HAECO and HAECO Xiamen hold 30% and 10% respectively in Taikoo (Shandong) Aircraft Engineering Company Limited ("STAECO"). STAECO provides airframe maintenance, passenger-to-freighter conversion and line services for Boeing 737 and other narrow-body aircraft, at Jinan, in Shandong Province, on the Chinese Mainland.

Sichuan Aircraft Maintenance Engineering Company Limited ("SMECO") is a joint venture between HAECO, HAECO Xiamen, Sichuan Airlines Group, and Sichuan Haite High-Tech Co. Ltd. Located at Chengdu, in Sichuan Province on the Chinese Mainland, the company provides line and airframe maintenence services for the Airbus A320 family of aircraft.

HAECO Component Overhaul (Xiamen) Limited operates a component maintenance, repair and overhaul workshop in Xiamen for hydraulic, mechanical, avionic and pneumatic systems across the Airbus and Boeing commercial aircraft families. Its operations dovetail with the HAECO Group's component workshops in Hong Kong to provide comprehensive component support to airline customers around the Asia Pacific region. The company is a wholly owned subsidiary of HAECO.

Taikoo (Xiamen) Landing Gear Services Company Limited ("HAECO Landing Gear Services") is 86.38% owned by HAECO and is the only Boeing-approved landing gear service provider on the Chinese Mainland.

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Headquartered at Xiamen, HAECO Landing Gear Services completed its first Boeing 747-8 landing gear overhaul in 2017.

HAECO Composite Structures (Jinjiang) Co., Ltd. ("HAECO Composite Services") repairs and overhauls composite structures at Jinjiang, in Fujian Province, on the Chinese Mainland. HAECO and HAECO Xiamen are the major shareholders in this company.

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HAECO Composite Services specialises in aerostructure repair and overhaul services at Jinjiang in Fujian Province.

Goodrich TAECO Aeronautical Systems (Xiamen) Company Limited is a joint venture between HAECO Xiamen and Global Goodrich Control Systems Holding Limited, which specialises in the overhaul of fuel control systems and pumps.

Honeywell TAECO Aerospace (Xiamen) Company Limited is a joint venture between HAECO, HAECO Xiamen, and Honeywell International. It operates a repair and overhaul facility for aircraft components, including hydraulics, pneumatics, avionics, auxiliary power units (“APUs”), and other aviation equipment.

Based at Jinjiang, in Fujian Province, Dunlop Taikoo (Jinjiang) Aircraft Tyres Company Limited is a joint venture between HAECO, HAECO Xiamen, and Dunlop Aircraft Tyres Limited, that sells and retreads aircraft tyres.

Taikoo Engine Services (Xiamen) Company Limited ("HAECO Engine Services (Xiamen)") has a service agreement with General Electric under which it provides maintenance, repair and overhaul services for GE90-110B and GE90-115B engines and their components. The company is majority-owned by HAECO Group (67.58%), while HAECO Xiamen and Cathay Pacific Airways own 9.01% and 9% shareholdings respectively.

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HAECO Engine Services (Xiamen) specialises in the overhaul, repair, and testing of General Electric GE90 series aero-engines.

HAECO Americas a leading provider of MRO services to global aircraft operators and owners, providing airframe services from two multi-hangar locations in North Carolina and Florida. HAECO Americas' Cabin Solutions division offers comprehensive cabin interior products and engineering services, including the manufacture of aircraft stowage, lavatory, and galley products, as well as the Vector™ platform of aircraft seating.

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HAECO Americas is headquartered in Greensboro, North Carolina, where its fifth hangar went into operation at Piedmont Triad International Airport in the first quarter of 2018.