Hong Kong Aircraft Engineering Co. (HAECO) and its subsidiary Taikoo (Xiamen) Aircraft Engineering Co. (TAECO) have acquired a 49% shareholding in Shanghai Pudong (PVG)-based line maintenance. The company has been renamed Shanghai Taikoo Aircraft Engineering Services Co. (STA) and will continue to perform line maintenance services at PVG. “We have acquired shareholding of SR Shanghai with the aim to expand HAECO Group’s line maintenance service network in mainland China, ...

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