Press Release
HAECO Group and EHang explore partnership in advanced air mobility
HAECO Group and EHang explore partnership in advanced air mobility

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HAECO Group and EHang explore partnership in advanced air mobility

Hong Kong Aircraft Engineering Company Limited (“HAECO Group”), a member of the Swire Group, today announced that it has signed a memorandum of understanding regarding the potential partnership with EHang Holdings Limited (Nasdaq: EH) (“EHang”), the world's leading autonomous aerial vehicle (“AAV”) technology platform company.

The two parties plan to cooperate in multiple areas such as manufacturing and assembly, continued airworthiness, digital platforms, aircraft maintenance, and talent training.  The focus is to co-develop systems and solutions that caters to the needs of continued airworthiness and after-sales maintenance services in preparation for the commercial operation of EH216-S, EHang’s passenger-grade autonomous aerial vehicle.

Jacqueline Jiang, Group Director, Airframe Services of HAECO Group, noted, “Advanced air mobility is a blooming new segment in the aviation industry. We are excited to take part and look forward to developing this together with EHang.  With over 70 years of experience in the industry and offering a wide range of aviation products and services, HAECO is well positioned to support EHang and jointly develop the systems, standards, and services required in advanced air mobility.”

Xin Fang, Chief Operating Officer of EHang, stated, “EHang is honoured to cooperate with HAECO Group, a partner with solid Maintenance, Repair and Overhaul (“MRO”) strength in the global aviation industry, to co-develop EHang’s AAV after-sales maintenance service system to provide our customers with higher quality and more efficient services across the globe, which will also facilitate the continued airworthiness of EH216-S AAV after the completion of its airworthiness certification. Moreover, this partnership is a critical step EHang has taken for its strategic goal of becoming an urban air mobility (“UAM”) platform operator, and it will also drive the emerging global UAM industry to explore more comprehensive, efficient, and sustainable operating service mechanism and ecosystem.”

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