HAECO Americas – A HAECO Group company. HAECO AMERICAS
HAECO Americas – A HAECO Group company.
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About HAECO Group
MarineServicesBeverages Aviation
Trading&
IndustrialProperty
GroundServices
Cargo Handling
AirlinesCatering Engineering&
Maintenance
HAECO Americas – A HAECO Group company.
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Corporate Overview
GroundServices
Cargo Handling
Aviation
AirlinesCateringEngineering
&Maintenance
* As of 10 April 2017For the year ended 31 December 2016Hong Kong Aircraft Engineering Co. and Cathay Pacific are both publicly listed on the Hong Kong Stock Exchange
MarketCapitalisation*
USD1.15bn
Revenue
USD1.8bn
Profit attributable to shareholders
USD125m
Shareholding
Swire Pacific 75%Public 25%
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Annual Volume (2016) Airframe Maintenance1,458aircraft inputs
Line Services211,256flight movements
Engine227inputs
Cumulative Total VolumeCabin Reconfiguration1,447aircraft inputs
Freighter Conversion131aircraft inputs
Component Parts 31,810Aerostructures 504Landing Gear60
Total Manhours (2016)
17,334,385include airframe maintenance, cabin reconfiguration, freighter conversion, line services, component and engine
Geographical Presence & Experience
ASIA AMERICAS
* Sales and Customer Support
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Manpower Distribution
16,951Employees
Mainland China42% (7,054)
Hong Kong42% (7,166)
Americas16% (2,708)
Singapore(23)
For the year ended 31 December 2016
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HAECO Group Services
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HAECO GroupOne of the world’s leading aircraft engineering and maintenance groups, offering a comprehensive range of airframe, cabin, engine and component services.
Cabin SolutionsProvides turnkey cabin integration solutions for commercial aircraft and private jets, covering design engineering, certification and vendor management. The Group is an authorised aircraft seat and cabin interior products OEM.
Engine ServicesOperates world-class repair, overhaul and testing facilities for Rolls-Royce RB-211 and Trent engines in Hong Kong, a GE Aviation-authorised GE-90 facility in Xiamen, Mainland China, and a Pratt & Whitney JT8D facility in Oscoda, Michigan in the United States.
Airframe ServicesOffers airframe maintenance, cabin reconfiguration, structural modification, freighter conversion fulfillment, as well as line services covering transit checks and certification, defect clearance, cabin management, ramp services and 24/7 AOG support across Asia and the United States.
Component Services Provides Inventory Technical Management, component repair and overhaul services for hydraulic, mechanical, avionics and pneumatic systems across the Airbus and Boeing commercial aircraft fleets, and with wheels and brakes, tyres, aerostructures, landing gear and APUs through the Group’s subsidiaries and joint ventures.
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Global Safety
IACO Safety Trend Report, 2016
2.8 reduction in accident rate, 7% decrease from previous year
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Global Safety
The Most Common Reasons for Plane Accidents 2016 Second Safest Year in History (2013 The Best)
1. Pilot Error – 50%
2. Mechanical Error -22%
3. Weather – 12%
4. Sabotage – 9%
5. Other Human Error – 7%
Source: R&B Law, LLC
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56% Incorrect Installation
30% Wrong Part
8% Other
Source: International Journal of Industrial Ergonomics
Global Safety Effects on Maintenance Errors
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Safety Process Programs
Business Continuity/Crisis Management Clear Policy to Mitigate Events
Tabletop exercises to Drills Through All Locations
Promote a Readiness Culture
Safety Management System Risk Mitigation
Clear Analysis of Trend Throughout Enterprise
Establish Process that Mitigates Risk
Safety Awareness – Culture
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Safety Initiatives
Medcor Providing 24hr professional medical triage
Triage injured employees prior to sending out to
emergency rooms
Goal is increased employee care and decrease in LTI
Injuries
Safety Incentive Program Providing incentive for:
Safe Work
Displaying Leadership
Major Impact
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Just Culture, FAIR - Fact Analysis Compliance Team Mitigate Safety Threats by Creating a Culture that
Promotes Open Diallage
Learn from Mistakes
Hold Employees Accountable for Willful Actions
Safety Initiatives
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HAECO’S NDT Program
HAECO’s NDT Program and NDT Manual is applicable to the following FAA 145 Repair Stations VT, ET, UT, RT, PT, IR Thermal
GSO LCQ MCN OSC
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The content, procedures, practices and requirements specified within it can provide
HAECO customers, assurance that HAECO meets and/or exceeds most if not all
aircraft industry specific requirements for the qualification and certification of NDT
personnel
HAECO’s Non Destructive Testing Procedures Manual was developed to be able to
meet and fulfill the current requirements of any or all three of these industry
specifications for our customers
HAECO’S NDT PROGRAM NDT Procedure Manual: NDTPM
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Follow the Customers Program Without Deviation
No Authority to Modify or Change Procedures
Properly Train and Qualify Employees – Exceed Program Requirements
Gain Experience and Retain Employees
HAECO’S NDT ProgramNDT Procedure Manual: NDTPM
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NDT market is estimated to be 15.06B USD and projected to be 24.23 USD, 8.24% CAGR
Aircraft growth is forecasted to grow 3.8%
The average age of aircraft will be 10.8 years
80% of aircraft NDT is performed on airframes
The largest challenge facing NDT is short supply of Technicians
Global NDTFive Year Trends
Sources: Oliver Wynman 2017 report, Markets & Markets
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Safety – Compliance:
Human Error, Fatigue, Training, Proficiency, Clear Work Instructions, Proper Equipment, Acceptance of Responsibility, Attitude, Confidence, Passion
– It’s a Rewarding Profession
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