TAECO was founded in 1993 and opened its first hangar in 1996. TAECO is a part of the HAECO Group and counts Boeing, Cathay Pacific, JAL, the Xiamen Aviation Industry Co., Ltd. and Beijing Kailan Aviation Technology Development and Service Co., Ltd. as its other shareholders. TAECO offers a complete range of airframe and line maintenance services for Airbus and Boeing aircraft, airframe maintenance, major modifications, cabin modifications and line maintenance. It conducted the world's first 747-400BCF freighter conversion, and remains the sole independent facility licensed by Boeing to carry them out. TAECO is also home to the Group's VIP Cabin Completion Centre - Asia's first and only facility approved by both Airbus and Boeing. As a one-stop MRO, TAECO operates its own certified parts manufacturing and testing facilities, it also runs a public training and license examination centre, catering to both technical and non-technical training needs.