Magnetic Engines, a division of the Magnetic Group, has unveiled a new partnership with Group Engine Management GmbH (GEM), a subsidiary of Deutsche Lufthansa AG that oversees engine management for airlines within the Lufthansa Group. This cooperation marks an important milestone for Magnetic Engines as it continues to expand its footprint in the global aviation maintenance market.
Beginning in May, Magnetic Engines will undertake cost- and time-efficient repairs on CFM56-5B engines at its Tallinn-based facility. These engines are operated by various carriers within the Lufthansa Group and managed by GEM, who has opted for a consolidated solution to streamline maintenance operations across the Group's fleet.
This collaboration is part of a strategically significant alignment for the company, complementing its broad portfolio of clients spanning Europe, Africa, and Asia. The agreement also builds on the company's established history with Lufthansa Group airlines, having previously provided both base and line maintenance, alongside engine shop repairs.
Victoria Goodenough, Head of Business Development at Magnetic Engines, commented on the partnership, stating: “The new agreement provides flexibility and reliability for our customer via a single agreement to cover all CFM56 engines regardless of the individual Lufthansa Group operator. GEM's approach to fleet engine management is truly innovative, and we are excited to play a part in this.”
The partnership underscores both companies' commitment to innovation and operational efficiency, while reinforcing Magnetic Engines' role as a trusted provider of tailored engine maintenance solutions for major aviation clients worldwide.
