Haeco, China Aircraft Leasing Group Sign MOU for Hong Kong Engine Hub

Haeco and China Aircraft Leasing Group Holdings Limited (CALC) have signed a memorandum of understanding to establish an aircraft engine maintenance centre in Hong Kong, marking what authorities called a "powerful alliance" between two industry giants. The partnership combines CALC's position as China's largest independent aircraft lessor with Haeco's more than half a century of aviation engineering heritage rooted in Hong Kong. The initiative is designed to enhance quick-turn services, hospital repair capabilities, and engine asset management from its Hong Kong base. Secretary for Transport and Logistics Mable Chan said the agreement would help consolidate the city's status as an international aviation hub, describing the collaboration as a convergence of mainland financial capabilities and Hong Kong's technical expertise. The alliance aligns with national strategies including President Xi Jinping's concept of "new quality productive forces" and goals outlined in the 15th Five-Year Plan.

The partnership combines mainland financial resources with Hong Kong's technical expertise, creating synergies that could position the city as a premier aviation maintenance hub in the region. This collaboration supports broader national objectives of high-quality development while reinforcing Hong Kong's role in the Greater Bay Area's aviation value chain.