HAECO, Toyota Tsusho, Japan Airlines and Vietnam's Sun Group agreed to establish a JV to develop a major MRO facility at Van Don International Airport.
AAR Corp will need up to 18 months to wind down work at its Indianapolis heavy maintenance operation and redistribute the work to other network locations.
AAR Corp. has acquired HAECO Americas for $78 million in an all-cash transaction, which significantly expands its heavy maintenance capacity in the U.S.
HAECO Engine Services (Xiamen) has broken ground on a new facility in Xiamen, China, aimed at expanding maintenance, repair and overhaul of more engine types.