Magnetic Trading has recently announced that the company has signed a Power-by-hour (PBH) agreement with two major Polish airlines: LOT and Enter Air for their respective Boeing fleet.
Magnetic Trading has recently announced that the company has signed a Power-by-hour (PBH) agreement with two major Polish airlines: LOT and Enter Air. The newly signed service agreement is a part of Magnetic Trading’s active efforts of expanding its services customer portfolio. Magnetic Trading is a member of Magnetic Group, an aviation maintenance company headquartered in Tallinn, Estonia that offers a full range of commercial airplane maintenance services.
“I am glad to see that our client’s portfolio is expanding – and to have two major Polish airlines as our customers are nothing short of a privilege for our team. I am confident that our asset management expertise, combined with extensive component maintenance capabilities, will allow us to continue providing timely, top-notch services to both Enter Air and LOT,” said Marijus Milasius, Head of PBH, Magnetic Trading.
The recently signed agreement between Magnetic Trading and Enter Air is the new 3-year extension of the previously signed service agreement that covers the Power-by-hour services for Boeing B737 NG aircraft component support. In the meantime, Magnetic Trading’s partnership with LOT is a brand new agreement for the unit and consists of Power-by-cycle services on the Polish flag carrier’s Boeing 737 fleet wheels and brakes.
“On behalf of LOT I can say that cooperation with Magnetic Trading is more than satisfying and we really hope to keep it on this level for long perspective,” said Grzegorz Tarkowski, Senior Component Planning Specialist at LOT.
Magnetic Group is certified by the European Aviation Safety Agency and the Federal Aviation Administration of the United States. The company provides services around the globe. It is a subsidiary of Guangzhou Hangxin Aviation Technology.
“Our contract was extended due to good and reliable service and we are really glad to continue this cooperation,” added Konrad Dymowski, Technical Manager, Enter Air.
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Magnetic MRO is a Total Technical Care maintenance and asset management organization with a global presence and two decades of worldwide experience. The company has a well-established reputation in innovative solutions, digitalized MRO services, and a proven track record as a one-stop total technical care organization for airlines, asset owners, OEMs and operators.
