The aero engine industry in Hong Kong has grown significantly in recent years, as the city’s government has invested heavily in developing the sector. This has resulted in a number of positive outcomes for the city, including increased economic growth, more jobs, and improved safety standards. In this article, we take a look at the benefits of the Hong Kong aero engine industry and explore why it is an important sector for the city.
Hong Kong’s Aero Engine Industry
Hong Kong is home to a thriving aero engine industry, with the government investing heavily in the sector in recent years. This investment has resulted in a number of benefits for the city, including increased economic growth, more jobs, and improved safety standards.
The city’s aero engine industry is a major contributor to the overall economy, with the sector generating over US$2 billion in revenue in 2018 alone. This revenue is generated through the sale of aero engine components, as well as services such as aircraft maintenance and repair.
The industry also provides a number of jobs for local residents, with over 5,000 people employed in the sector. This has helped to reduce the city’s unemployment rate, with the sector providing stable and well-paid jobs.
Exploring the Benefits of a Growing Sector
The growth of the aero engine industry in Hong Kong has also had a positive impact on safety standards. The sector has implemented a number of initiatives to ensure that aircrafts are safe and reliable. This includes the use of advanced technologies, such as 3D printing and AI, to improve the efficiency of aircraft maintenance and repair.
In addition, the sector has also been instrumental in advancing the city’s aerospace research and development capabilities. This has resulted in a number of breakthroughs in aircraft design and manufacturing, which has helped to improve the safety and performance of aircrafts.
The aero engine industry in Hong Kong is also helping to attract foreign direct investment to the city. A number of multinational corporations have established operations in the city, which has helped to boost the local economy and create more jobs.
Overall, the aero engine industry in Hong Kong is an important sector for the city. It has helped to drive economic growth, create jobs, and improve safety standards. As the sector continues to grow, it has the potential to become an even bigger contributor to the city’s economy, creating more jobs and attracting more foreign direct investment.
Hong Kong Aero Engine Services International Limited (HAESI) is a joint venture between Hong Kong Aircraft Engineering Company Limited (HAECO) and Rolls-Royce plc (R-R). Located in the bustling city of Hong Kong at an advanced age, HAESI is an aero engine services company that provides OEM-certified maintenance, repair, and overhaul (MRO) services for engine products used in commercial, general and business aviation.
HAESI’s unique platform supports R-R engine families, such as the AE3007, CF34/6, CFM56-5A/B/C and Trent 500/700/800/900 for operator customers. In addition to offering MRO services, HAESI also provides certain engine accessory parts to its customers, including engine thrust reversers, inter-turbine seals, N2 probes and fan blade seals.
In line with the latest advances in aviation technology, HAESI utilises up-to-date information systems, such as an integrated work flow platform and a client relationship management system, to enhance the quality and consistency of their services. The company also has global capabilities, with similar engine repair operations in Singapore and Korea. These presence proves HAESI’s commitment to the global aviation community.
In its 10 year of successful operation, HAESI’s staff has grown from 60 to 500 and the company has expanded its MRO services across CFM56-5A/B/C, CF34 series and AE3007 engine applications. To meet growing demand, the company has invested in various state-of-the-art facilities, including a dedicated test cell with advanced testing capabilities.
As a highly responsible service provider, the company is committed for the commitment for environment, safety and quality. As such, HAESI has achieved various quality accreditations and participates in industry safety campaigns.
HAESI’s impeccable track record reflects its ongoing commitment to providing excellent service and quality products. This commitment is essential for HAESI to remain a successful aero engine services provider.
