Spirit AeroSystems is entering a joint venture comprising HAECO, TAECO and First Wave MRO to establish a thrust reverser and nacelle overhaul facility in Xiamen, China. Carriers Cathay Pacific Airways and China Airlines also are joining the venture, according to Spirit. Construction of the facility, to be called Taikoo Spirit AeroSystems Composite Co., already has begun, and completion and startup are expected in mid-2009. Spirit did not elaborate on the ownership structure of the JV, ...


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