August 20, 2017 9:43 AM ET

Aerospace and Defense

Company Overview of HAECO Americas LLC

Company Overview

HAECO Americas LLC provides aircraft maintenance, and repair and overhaul services; and related products to commercial, government, and private customers in the United States. It offers cabin products, such as passenger seats, cabin optimization items, galleys, crew rest modules, carpets, PMA parts, lavatories, parts kitting solutions, and other monuments. The company also provides airframe MRO and modification services, including light and heavy scheduled maintenance checks, exterior and interior modifications installations, and upgrades and conversions for commercial, government, and private aircraft. In addition, it offers cabin services, such as engineering staffing, fleet support engine...

623 Radar Road

Greensboro, NC 27410

United States

Founded in 1990

2,750 Employees

Phone:

336-668-4410

Fax:

336-665-9011

Key Executives for HAECO Americas LLC

Chief Executive Officer and Group Director of Cabin Solutions
Chief Financial Officer, Treasurer and Corporate Secretary
President of MRO Services
Senior Vice President of Military Business
Age: 69
Senior Vice President of MRO Sales
Compensation as of Fiscal Year 2017.

HAECO Americas LLC Key Developments

HAECO Americas Names Jim Clarke as New Vice President, Planning and Performance

HAECO Americas announced that Jim Clarke will be joining the company's leadership team as its new Vice President, Planning and Performance. In that role, he will lead teams that conduct all maintenance event planning, cost and pricing analysis and customer performance reporting across the company's North American operations. Mr. Clarke has had an accomplished career in aviation maintenance planning, forecasting and supply chain management, including 22 years in various roles of increasing responsibility with FedEx Express. Prior to that, he gained valuable aviation maintenance experience with Pratt & Whitney and American Airlines. Mr. Clarke will be based at HAECO Americas Greensboro headquarters office, and will report directly to Mr. Sokol.

Airbus Selects HAECO as Supplier for CCS Compartment Line-Fit Option for New A320 Aircraft

Airbus has selected HAECO Cabin Solutions as its supplier for the Centerline Ceiling Stowage, or CCS, compartment line-fit option for the new A320 family aircraft. The option will also be available as a retrofit for newer in-service A320 Family aircraft which have the 'Enhanced Cabin. Being an SFE supplier for the A320, known for innovative cabins of exceptionally high quality, affirms HAECO's dedication to those same values in products."HAECO Cabin Solutions' CCS will be offered to Airbus customers through its catalogues for delivery in the first quarter of 2018. The CCS is designed to hold crew luggage, onboard wheelchairs, life rafts and other emergency equipment, among other items. The compartment is offered in two sizes, and is available in two positions on the A320 and three positions on the A321.

HAECO Americas Provides Earnings Guidance for the Second Half of 2016

HAECO Americas provided earnings guidance for the second half of 2016. However, significantly higher losses were expected at the company in the second half of 2016 than in the first half. This reflected losses on some seat contracts and the costs of closing down the line services business. In addition, a review had been undertaken of the carrying value of the cabin and seats businesses in the United States. As a result of this review, impairment charges currently estimated at HKD 280 million are expected to be made against the profit for 2016.

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