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Hong Kong Aircraft Engineering Company Limited

FOR IMMEDIATE RELEASE 22 March 2016

HAECO Americas Extends Airframe Maintenance Agreement with Alaska Airlines Through 2020

HAECO Americas, a member of the HAECO Group, announced today along with Alaska Airlines the extension of their Boeing 737NG airframe maintenance contract through 2020. The initial Alaska Airlines maintenance agreement was first executed in 2010, and was extended for the first time in 2013.

HAECO Americas has worked closely with Alaska Airlines through the years, providing maintenance services that excel in terms of quality, scope and value. Jim Sokol, President MRO Services of HAECO Americas said: "I am proud of the partnership HAECO Americas has developed with Alaska Airlines. Over the years we continue to expand, providing Alaska Airlines with MRO and interior reconfiguration services that meet their satisfaction."

Kurt Kinder, Vice President of Maintenance & Engineering of Alaska Airlines, commented: "HAECO Americas shares our commitment to safety, quality and exceptional service. The company has a solid track record in performing quality airframe maintenance for us, and I look forward to continuing this partnership through 2020."

In addition to the extended contract, HAECO Americas is currently collaborating with Alaska Airlines on an ongoing large-scale cabin improvement programme. HAECO Cabin Solutions, a business unit of HAECO Americas that is also based in Greensboro, North Carolina, provided key support to Alaska Airlines in Phase 1 of its interior reconfiguration programme, which involved over 100 aircraft. HAECO Cabin Solutions will continue to offer support during Phase 2 of the programme, which will begin later this year.

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About Hong Kong Aircraft Engineering Company Limited ("HAECO Group")
The HAECO Group is one of the world's leading aircraft engineering and maintenance service providers. The Group provides a comprehensive range of services encompassing Airframe Services, Line Services, Cabin Solutions, Private Jet Solutions, Fleet Technical Management, Inventory Technical Management, Component Overhaul, Aerostructure Repairs, Landing Gear Services, Engine Services, Parts Manufacturing and Technical Training. The HAECO Group consists of 19 subsidiaries and affiliates, employing around 17,000 staff in Hong Kong, Mainland China, Singapore and the United States. The HAECO Group is publicly listed on the Hong Kong Stock Exchange (Stock Code: 00044). HAECO Group's website: www.haeco.com

About HAECO Americas
A wholly-owned subsidiary of the HAECO Group, HAECO Americas (formerly TIMCO Aviation Services) supports global aircraft operators and owners with comprehensive aircraft care services including base maintenance from three multi-hangar locations, engine MRO and line maintenance support across the U.S. The company's HAECO Cabin Solutions division provides interiors design, engineering, certification and integration services, as well as manufactured products including passenger seating, galleys and lavatories. HAECO Americas' website: www.haeco.aero


Source: Hong Kong Aircraft Engineering Company Limited
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