April 4, 2014
HAECO ITM and Thai embark on aircraft component repair collaboration
HAECO ITM (HXITM) and Thai Airways have embarked on a long-term collaborative initiative in aircraft component repair. Drawing on collective strengths, the collaboration enhances product offering of the two companies. Under the initial business collaboration framework, HXITM has identified a list of aircraft components that will be repaired at THAI’s technical facilities at Don Mueang Airport in Bangkok. “We continuously seek to improve our supply chain in tandem with the expansion of our third-party Inventory Technical Management business,” said Richard Reed, Executive General Manager of HXITM. “By working with a strategic supplier in the region like THAI, we are able to enhance the value proposition to our customers by optimising repair costs and cycle times and therefore offering better material availability through our pool inventory in Hong Kong,” Mr. Reed added.