Magnetic Leasing, an international aviation asset management company, has signed a deal with European carrier Ryanair, for a landing gear lease. The agreement covers an eight-month lease period during which the landing gear will be used on different aircraft based on the carrier’s demand.
Magnetic Leasing has already delivered its landing gear to Ryanair’s maintenance base at London Stansted (STN), where it has been installed on one of the carrier’s Boeing 737-800s. The leased nose and main gears will be used as a spare set to cover the overhaul period of the airline’s multiple landing gears.
