Magnetic MRO AS provides aircraft maintenance, repair and overhaul services for airlines, aircraft operators and leasing companies.
Founded in 1985 and based in Tallinn, Estonia, Magnetic MRO AS provides base maintenance, major structural repairs, modification, non-destructive testing, aircraft painting, technical training and component repairs. Its clients include airlines, aircraft operators and leasing companies across Europe, the Middle East and Asia. In January 2018 Guangzhou Hangxin Technology Group acquired the company for EUR 43 million. For fiscal 2024 it reported revenue of EUR 186,413,464.70 and EBITDA of EUR 13,352,507.
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