LAKE FOREST, CA – May 24, 2017 – Panasonic Avionics Corporation (“Panasonic”) today introduced HAECO Component Overhaul (Xiamen) Limited (“HAECO Component Overhaul (Xiamen)”) as an authorized repair center for its inflight entertainment and communications (“IFEC”) technology in Mainland China. HAECO Component Overhaul (Xiamen) is a member of the HAECO Group, specialising in providing aircraft component and IFEC repair services to airlines and aircraft operators in the Asia-Pacific region. Repairs performed by HAECO Component Overhaul (Xiamen) on behalf of Panasonic will carry the same Panasonic warranties, as repairs performed by all authorized service providers within the Panasonic repair network.

Panasonic Avionics and HAECO celebrate opening of authorized IFEC repair center

The HAECO Component Overhaul (Xiamen) facility is equipped with Original Equipment Manufacturer (“OEM”) dedicated test equipment and features comprehensive spares support from Panasonic. It is also staffed by Panasonic-trained technical personnel. The component repair specialist has been a trusted partner of Panasonic in supporting the OEM’s global customers with IFEC repairs, offering competitive turnaround times, cost-saving advantages and technical support. Backed by the HAECO Group’s comprehensive aircraft engineering and maintenance operations in the region, HAECO Component Overhaul (Xiamen) also offers technical and logistics support, as well as OEM warranty administration to airlines and aircraft operators in Mainland China.

Sean Gavin, Vice President, Technical Services of Panasonic Avionics, said: “We are delighted to welcome HAECO to the Panasonic repair network. Our partnership ensures that Panasonic’s airline customers benefit from in-country support that meets our global standards.”

Clement Au, General Manager, Component Repair & Overhaul, HAECO Group, said: “HAECO has a proven track record serving the component repair needs of airlines in the Asia Pacific region. HAECO Component Overhaul (Xiamen) is honored and excited to be appointed as Panasonic’s authorized IFEC repair center. Combining the respective strengths of both an OEM and a component repair specialist, this collaboration is mutually beneficial. It further extends the HAECO Group’s portfolio of services to include a wide range of Panasonic IFEC products, chosen by many airline operators in Mainland China.”

Located in Xiamen, the newly introduced, Panasonic authorized IFEC repair center is a facility approved by the Civil Aviation Administration of China (CAAC), the Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA).

About Panasonic Avionics Corporation
Panasonic Avionics Corporation is the world’s leading supplier of inflight entertainment and communication systems. The company’s best-in-class solutions, supported by professional maintenance services, fully integrate with the cabin enabling its customers to deliver the ultimate travel experiences with a rich variety of entertainment choices, resulting in improved quality communication systems and solutions, reduced time-to-market and lower overall costs.

Established in 1979, Panasonic Avionics Corporation, a U.S. corporation, is a subsidiary of Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation. Headquartered in Lake Forest, California with over 5,000 employees and operations in 80 global locations, it has delivered over 9,000 IFE systems and 1,500 inflight connectivity solutions to the world’s leading airlines. For additional information, please visit www.panasonic.aero.

About Hong Kong Aircraft Engineering Company Limited (“HAECO Group”)
The HAECO Group is one of the world’s leading aircraft engineering and maintenance service providers. The Group provides a comprehensive range of services encompassing Airframe Services, Line Services, Cabin Solutions, Private Jet Solutions, Fleet Technical Management, Inventory Technical Management, Component Overhaul, Aerostructure Repairs, Landing Gear Services, Engine Services, Parts Manufacturing and Technical Training. The HAECO Group consists of 17 subsidiaries and affiliates, employing around 17,000 staff in Hong Kong, Mainland China, Singapore and the United States. The HAECO Group is publicly listed on the Hong Kong Stock Exchange (Stock Code: 00044). HAECO Group’s website: www.haeco.com

Contacts:

For Panasonic Avionics:
Brian Bardwell, Corporate Communications Manager
Tel: +1 949 462 1742 Email: brian.bardwell@panasonic.aero

Bell Pottinger
Tel: +44 20 3772 2500 Email: panasonicavionics@bellpottinger.com

For HAECO Group:
Sharon Lun, Head of Corporate Communications
Tel: +852 2767 6544 / 6719 6544 Email: sharon.lun@haeco.com

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