TALSCO opens in Xiamen

The first Chinese company to provide full service for aircraft landing gears and other systems opened in Xiamen in Fujian Province. The company, Taikoo (Xiamen) Landing Gear Services Co. (TALSCO), is a joint venture of Hong Kong, Taiwan and mainland industries. It aims to be the biggest landing gear maintenance service center in the Asia Pacific region. The maintenance base of TALSCO is near the sixth hangar of Taeco. The total investment for the new business is about US$41.5 million. It mainly provides full landing gear maintenance services for B737, B747 and B777 aircraft. Its main customers include Cathy Pacific, Japan Airlines and large airlines in China and Asia Pacific areas. Current shareholders include Hong Kong Aircraft Engineering Co. (HAECO), 50 percent; Taikoo (Xiamen) Aircraft Engineering Co. (TAECO), 10 percent; Cathay Pacific Airways, 8 percent; Japan Airlines International Co. (JAL), 8 percent; Taiwan’s China Airlines, 8 percent; Xiamen Aviation Industries Co., 6 percent; Shaanxi Liaoyuan Hydraulic System Co., 5 percent; and Xi’an Aircraft International Co., 5 percent.