Hong Kong Aircraft Engineering Company Limited's ("HAECO's") landing gear overhaul facility, Taikoo (Xiamen) Landing Gear Services Co. Ltd. ("TALSCO") in Xiamen, China, held a contract signing ceremony at the Singapore Airshow today with China Airlines for the overhaul of seventeen ship sets of Boeing 747-400 landing gears.

TALSCO will provide China Airlines with technical support, including rotable assets supply, AOG support, configuration analysis, fleet analysis, and sampling inspection for the entire fleet of Boeing 747-400s for the airline. Induction of the landing gears is expected between 2013 and 2015.

TALSCO possesses comprehensive landing gear overhaul capabilities include repair / overhaul of Boeing 777, 767, 757, 747, 737NG, 737CL and Airbus A320 installation level landing gear. The company is approved by the authorities to carry out special processes for non-landing gear parts: Nondestructive Inspection, Grinding, Shot Peening, Plating and Painting. TALSCO has also invested in a rotable pool of spare landing gears, namely, Boeing 737NG, 737CL, 747, 757, 767 and 777 to better serve customers' needs.

About Hong Kong Aircraft Engineering Company Limited ("HAECO")
HAECO is one of the world's leading aeronautical engineering groups providing a comprehensive range of services encompassing Airframe Maintenance, Cabin Reconfiguration / Integration Services, Cabin Completion Centre / Design Engineering, Freighter Conversion, Parts Manufacturing, Line Maintenance, Fleet Technical Management, Inventory Technical Management, Component Services, Engine Overhaul and Technical Training. The HAECO Group consists of 16 subsidiaries and affiliates, employing over 13,000 staff in Hong Kong, Mainland China, Singapore and Bahrain. HAECO is publicly listed on the Hong Kong Stock Exchange (Stock Code: 00044). HAECO's website: www.haeco.com