Largest airplane maintenance company debuts  The Vietnam
Airlines Engineering Company (VAECO) made its debut on February
24 as the largest aircraft maintenance service provider in
Vietnam.  The company was established by merging the A75 and A76
aircraft repairing enterprises, and technology bureaux of the
national flag carrier Vietnam Airlines under the Prime
Minister’s decision.  It officially began operating on January 1
with a charter capital of VND420 billion owned by the Vietnam
Airlines.  VAECO specializes in maintaining and overhauling
aircrafts, engines and accessories. It also designs,
manufactures, repairs and improves aircraft and aviation
equipment.