Taikoo (Xiamen) Landing Gear Services Co. Ltd. ("TALSCO"), the landing gear overhaul facility of Hong Kong Aircraft Engineering Company Limited ("HAECO"), has received approval from the Federal Aviation Administration (FAA) to perform landing gears repair and overhaul services for the A320 family (A319/A320/A321).

TALSCO has acquired two ship sets of A320 landing gears to expand its pool of rotable assets which will allow the company to better serve customers operating the A320 family aircraft. TALSCO is also in the process of establishing repair and overhaul capabilities for landing gears of the A330 family, expected to be in place by year end 2012.

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

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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 14,000 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