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Press article fom  06.05.2008

New Aircraft Maintenance Company at Airport Frankfurt-Hahn

A new company for the maintenance of airplanes is being established at the Air-port Frankfurt-Hahn. The newly founded Haitec AG offers maintenance work and all other connected technical services for commercial aircraft. Founding fathers and board members of the enterprise are Dieter Krah, CEO of Heico Aviation Group and Michael Bock, former Technical Director of LTU. Haitec has leased the entire existing aircraft maintenance hangar in order to implement these services and is currently starting to build the necessary organization. Haitec is planning to invest four Million Euros alone in 2008 into the Hahn location.

In 2004 the Heico Aviation Group was already offering Line Maintenance – as well as aircraft cleaning services at the Airport Frankfurt-Hahn. On 1 May 2008 the entire plant location at the Airport Frankfurt-Hahn is transferred to the new Haitec AG through a Management Buy Out. This entails a change of ownership during which the majority of shares is bought from the owners to date. "With this, all of the resources at this location will be bundled in one single company. In the future we will offer Base Maintenance next to our Line Maintenance, meaning the overhaul of commercial aircraft" says Dieter Krah, CEO of Heico Aviation Group and co-founder of Haitec AG. "We are developing our enterprise into a leading maintenance company for commercial aircraft which will offer Base Maintenance for different aircraft types. The maintenance hangar with 6,000 sq. meters for instance offers us the possibility to work on four Airbus A 320 at the same time. We are absorbing all 54 employees of the Heico Aviation Group at the Frankfurt-Hahn location and are planning to create an additional 60 work places at Haitec AG in 2008" Mr. Krah continues. The long-term maintenance contracts for the Irish airline Ryanair will also be taken over by Haitec and currently entail eleven aircraft of type Boeing 737 which are stationed at Hahn and further signal strong growth. In addition to this Haitec has already signed another contract with a major airline. Michael Bock who will be Head of Operations for Haitec AG reports that "the airline has given us the entire technical handling of its whole Boeing 757 fleet and would like to turn Frankfurt-Hahn into its technical base". Content of the contract in essence is said to be the preparation and administration of aircraft maintenance programs, the so-called Engineering; the supply of all necessary parts and components for maintenance and repair work and, of course, the technical implementation including all mandatory checks and maintenance work. Jörg Schumacher, Speaker for the Management of Flughafen Frankfurt-Hahn GmbH emphasizes the fact that in discussions with other airlines – especially the cargo airlines that already use Frankfurt-Hahn - a definite need for a maintenance company had become apparent. "We are very happy that Haitec AG, a competent service provider in the area of maintenance, repair and overhauling of aircraft has made its decision in favor of the location Frankfurt-Hahn. This is an important step for further growth of our airport" says Mr. Schumacher.

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