Magnetic Group

  This year has been full of challenges, yet Magnetic Trading continues to grow and expand its footprint globally. Airina Kacienaite-Krake, Managing Director of Magnetic Trading, shared a few insights about the company’s achievements, expansion in Asia, and plans for the near future. How has this year been for trading at Magnetic Trading? Airina: This year has certainly brought its share of challenges, but at the same time, it has been a year of growth. Despite the market fluctuations, we have successfully expanded our team in key locations, including Malaysia and India, enabling us to better serve our customers across different regions. It’s encouraging to see that even in a challenging year, we continue to grow, adapt, and reach new markets. Can you tell more about Magnetic Trading’s expansion in Asia? Airina: Our expansion in Asia happens on multiple levels. We are actively meeting potential new customers while also addressing the needs of our existi...

  Fast recovery, persistent supply-chain friction, and uneven reliability across engine generations.  Airlines are flying everything they can; MRO slots and parts availability are tight, and OEM lead times stretch decisions across quarters.  In this environment, the quiet workhorse of the shop visit – the engine transportation stand – becomes a leading indicator for where capacity, capital, and risk are moving next. The post-pandemic aftershock – and why it shows up in stands Aviation rebounded faster than most think-tanks expected. Passenger demand surged, fleets returned to service, and utilization climbed.  That boom, however, exposed old bottlenecks and created new ones. “We are still facing turbulence that Covid set in motion. Aviation faced its worst downturn, then recovered fast – and now it’s booming. New-generation engines face reliability issues, while parts supply and production for older engines are also constrained. All of this shows up in ...

  It’s no secret that the global aviation industry is expanding, but behind every aircraft that takes off safely, there’s a lesser-known story: the critical need for licensed maintenance engineers. With global aircraft fleets projected to grow from 29,000 to over 38,000 in the next decade, and manufacturing delays pushing airlines to extend the life of older jets, the maintenance sector is facing mounting pressure. And yet, fewer young people are entering the field. “We’re looking at a shortfall of roughly half a million engineers over the next ten years,”   says Ene Krinpus, Managing Director of Engineering & Training Services at  Magnetic Talents . “The industry knows this. Airlines know this. And so do we. That’s why training isn’t just a service – it’s a responsibility.” What is aviation technical training, and why does it matter? Put simply, aviation technical training prepares individuals to inspect, maintain, and certify aircraft f...

  In response to the ever-increasing demand for engine-related work in the market,  Magnetic Engines  has scaled its operations at its Tallinn-based engine workshop. Alexey Ivanov, Business Development Manager at Magnetic Engines, introduces us to the work involved in this field, as well as highlighting their most recent projects. A post-pandemic surge in demand As planes take to the sky in increasingly larger numbers, so too do their engines – and those engines sometimes need a complete refresh. Among the most frequently requested services are partial or full engine performance restoration, which entails removing the engine from the wing and sending it to a maintenance facility.  From a technical perspective, this involves disassembling the engine in order to open, at least, the hot section modules (combustion section, high-pressure turbine), inspecting and repairing/replacing their parts, and finally, reassembling the engine. The high-pressure compressor section...

The industry is facing a shortage of aviation professionals nearing 600K skilled personnel over the coming decade. Despite aviation maintenance growing to meet the demand, the ability to find, train, and retain qualified technicians has become a bottleneck across Europe. Jan Kotka, Managing Director of Magnetic MRO, elaborates, "Like other companies in this sector, we are also navigating this increasingly urgent workforce challenge. In the past 12 months, we've hired 64 new people – primarily unlicensed junior staff. Yet, the number of onboarded licensed engineers during the same period is alarmingly small and indicative of a systemic talent supply gap.” Unveiling recruitment approaches At  Magnetic MRO , we focus on attracting skilled individuals with vocational training and experience through recruitment channels like vocational schools, reskilling programs, direct outreach, and regional partnerships – while actively collaborating with technical schools as well as youth init...

  Magnetic MRO , a Tallinn-based aircraft maintenance, repair, and overhaul (MRO) provider and a sub-brand of Magnetic Group, is proud to announce the completion of its 900th base maintenance check, delivered for long-standing customer Scandinavian Airlines (SAS). Completing an extensive 6-year base maintenance check on A320neo family aircraft is a testament to the partnership and the expanding scale of maintenance operations over the years. According to the Base Maintenance Director at Magnetic MRO, Sergei Shkolnik : “This 900th check is another significant accomplishment for Magnetic MRO’s base maintenance. The project signifies the increase in pace: it has taken 11 years to reach the first 300 checks, 6 years to go from 300 to 600 checks, and 4.5 years to complete 900. Another noteworthy nuance of this 900th check is that it is performed on new generation A320neo family aircraft, which form the backbone of the European aviation single-aisle commercial fleet for the coming future...