Hong Kong, Dec. 22 -- HAECO Group member and Cathay Pacific Airways subsidiary, HAECO ITM, has acquired a Cathay Dragon A330-300 for disassembly and will partner with GA Telesis Component Solutions Group to sell and distribute the aircraft's parts after re-certification.

HAECO ITM, whose services include supply and pool management of aircraft components, manages 290 airplanes from a Hong Kong inventory pool.

GA Telesis operates a network of 35 sales offices and distribution centres and has earned global recognition for its expertise in aircraft and engine disassembly. It has harvested parts and recertified many of them from 350 aircraft and 750 engines for an estimated return of US$550 million to the sector's consigners.

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