Hong Kong Aircraft Engineering Co. (HAECO) and Cathay Pacific Airways (CX) have formed joint venture (JV) company, HAECO Item Limited (HXITM).
Cathay Pacific A330-300. Courtesy, Airbus Hong Kong Aircraft Engineering Co. (HAECO) and Cathay Pacific Airways (CX) have formed joint venture (JV) company, HAECO Item Limited (HXITM). The JV will provide inventory technical management services to airline customers including CX and Dragonair. The JV, which is 70% owned by HAECO and 30% owned by CX, will be managed by HAECO. HAECO CEO Augustus Tang said the global trend is that airlines “will outsource more noncore capital ...
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