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HAECO's new JV with Spirit AeroSystems boost shares - Suppliers Share Wrap

Analysis

HAECO led shares in airline suppliers in trading on Wednesday, trading up 3.9%. The company's new MRO JV with Spirit AeroSystems formally opened yesterday. Based in Jinjiang, the company, known as Taikoo Spirit AeroSystems (Jinjiang) Composite Co Ltd, will perform composite repairs and overhauls with a focus on engine nacelles and components for B737NGs and B777s.

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