Hong Kong Aircraft Engineering Co. (HAECO) Group posted a HK$573 million profit (attributable to the company’s shareholders) in 2014, down 8.3% from HK$625 million in 2013.

Aircelle has formally opened the Aircelle Services Americas (ASA) facility at Indianapolis, Indiana, to perform MRO for jet engine nacelles across North and South America.

Monarch Aircraft Engineering Ltd. (MAEL) has been contracted to provide MRO at Boeing’s new facility at Copenhagen International Airport to support GoldCare customers in the region.