Magnetic MRO, a Total Technical Care and asset management organization, has signed a Continuing Airworthiness Management contract with BOC Aviation (Ireland), one of the world’s leading aircraft leasing service provider. Since the agreement has been signed, the lessor has already delivered one Boeing 737NG aircraft to Magnetic MRO’s hangars in Tallinn, Estonia.
Since the start of the global pandemic in the first quarter of this year, a vast number of lease companies have faced the challenge on figuring out how they will proceed with their assets as several carriers have suffered from bankruptcy or had to limit their fleet size due to lockdowns. Thus, the re-positioning and maintenance of asset airworthiness became even more crucial than ever.
BOC Aviation has entrusted Magnetic MRO with this task, including the planning of a ferry flight, de-registration and registration of the aircraft, issuance of work packs and providing maintenance services during the period when the aircraft is positioned at Tallinn Airport. In addition, for the storage period, the asset was registered under the Irish registry.
