newstodate.aero
Feb 14, 2019 (newstodate): Headquartered in Tallinn, Estonia, Magnetic MRO has struck new roots in Saudi Arabia.
The company has thus landed an MoU with the Saudi Arabian MRO company First Premium for Support Services, aiming at offering joint EASA-compliant MRO operations in Saudi Arabia and the Region.
The two companies have agreed to jointly establish and develop Wheel & Tire, Brake, Oxygen Refill, and Battery shops in Jeddah.
At a later stage, the two parties plan to launch an engine stands hub, operated by Magnetic MRO’s subsidiary EngineStands24, as well as an EASA 147-compliant technical training school and EASA 145-compliant line and base maintenance facilities in a Saudi Arabian port city of Jeddah.
Since May 2018, Magnetic MRO is owned by the Chinese company Guangzhou Hangxin Aviation Technology.
The company has thus landed an MoU with the Saudi Arabian MRO company First Premium for Support Services, aiming at offering joint EASA-compliant MRO operations in Saudi Arabia and the Region.
The two companies have agreed to jointly establish and develop Wheel & Tire, Brake, Oxygen Refill, and Battery shops in Jeddah.
At a later stage, the two parties plan to launch an engine stands hub, operated by Magnetic MRO’s subsidiary EngineStands24, as well as an EASA 147-compliant technical training school and EASA 145-compliant line and base maintenance facilities in a Saudi Arabian port city of Jeddah.
Since May 2018, Magnetic MRO is owned by the Chinese company Guangzhou Hangxin Aviation Technology.