GE Aviation Buys 10% Of TEXL

GE Aviation has acquired a 9.9 per cent stake in MRO Taikoo Engine Services Xiamen (TEXL).

Formed in 2008 as a joint venture between HAECO, TAECO, Cathay Pacific Airways and Xiamen Aviation,

TEXL specialises in servicing GE90 engines and offers performance restoration, quick turn and module shop visits, engine tests and component repair.

GE Aviation said the deal will allow TEXL to further expand to meet growth in the GE90 fleet.

The China-headquartered MRO has performed engine repair and overhaul work on more than 150 GE90 engines in the past six years.

TAGS: Asia
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