Subscribe Free
in Maintenance

Magnetic MRO targets Saudi MRO market

Posted 11 February 2019 · Add Comment

Magnetic MRO, a provider of Total Technical Care for aircraft operators and lessors, and a Saudi MRO company First Premium for Support Services (FPSS) have signed a Memorandum of Understanding (MoU) for joint EASA-compliant MRO operations in Saudi Arabia and the Region.

 

The two companies agreed to jointly establish and develop Wheel & Tire, Brake, Oxygen Refill, and Battery shops in Jeddah. At later stages of the cooperation, Magnetic MRO and FPSS also consider launching 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. 

Risto Mäeots, the CEO of Magnetic MRO, said: “Magnetic MRO is delighted to join hands with the honorable Sheikh Ghassan Attar, the owner and CEO of First Premium for Support Services, to develop a wide range of high quality level aircraft maintenance services in Saudi Arabia and across the region.”

Mäeots also added that the new partnership comes in line with Magnetic MRO’s vision to support the development of the regional aviation industry by providing Saudi airlines with access to the company’s high-quality services and innovative solutions.

Sheikh Ghassan Omar Attar, the CEO of a leading Saudi travel company Attar Travel, as well as the CEO and owner of the Jeddah-based First Premium for Support Services, added:

”We strongly believe, the new agreement between Magnetic MRO and FPSS will provide us with a substantial boost in supporting the needs of our aviation clients and bring us to the leading position on the aircraft maintenance market of the Kingdom of Saudi Arabia.”

* required field

Post a comment

Other Stories
Advertisement
Latest News

Air France KLM group wins Sustainability Award at Dubai Airports Excellence Awards

Air France KLM group was the winner of the Sustainability award for 2018 at the third annual Dubai Airports Excellence Awards held at Soho Beach Meydan, on 22 April 2019.

MBRSC releases GIF image showing decline of NO2 in the GCC

Mohammed Bin Rashid Space Centre (MBRSC) has released a GIF image of the decrease in nitrogen dioxide (NO2) concentration in the GCC countries, between 26 November 2019 until 27 March 2020.

Emirates to be bailed out by the Dubai Government

The Dubai Government is set to bail out Emirates Airline after its financial impact of the Covid19 pandemic.

OneWeb files for Chapter 11 restructuring to execute sale process

OneWeb, a communications company, announced today that the company and certain of its controlled affiliates have voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern

Pillar Hawk

Locally-assembled BAE Hawks have become the first new Saudi-built fast jet aircraft to fly in home skies, marking a significant step forward for the kingdomís aerospace industry. Jon Lake reports.

ALSIM unveils new AL40 flight training device

ALSIM, a flight simulator manufacturer headquartered in France, has launched its new AL40, an exact replica of a new Diamond DA40 NG.

GALF SK2702240620
See us at
AVMENA20 BT1309100620SaudiAirshow21BT2011180221MAPS2020 BT1102171120Arabian Trav Mark BT1603010720