The partnership agreement covers spare parts sourcing and supply, technical support and repair management. Working under the new partnership, both companies will have an opportunity to expand spare parts offering and its maintenance capabilities and will improve the delivery times as the partnership allows to cover more locations worldwide.

“One of our goals is the continuous expansion of our partnerships around the globe, and having a partner as Atlantic Jet Support does, indeed, add a lot of value for both, us here at Magnetic MRO and for our customers. As AJS is based in the USA, where Boeing is the dominant aircraft type, it also allows consolidating our strengths when supporting customers, operating these aircraft (but not limited to) globally. Additionally, the pandemic has taught us the increased importance of both partnerships in different locations, which allows us to tailor offers and provide support when needed more promptly and in the most efficient and cost-effective way – and I am positive this is just that type of the partnership”, shared Airina Kacientaite-Krake, Head of Trading Department at Magnetic MRO.

“Atlantic Jet Support strives to continuously expand our product and service offerings to our customers. As we enter a new world following the COVID-19 pandemic, it is more important than ever to have strong partnerships in different aviation centers around the globe. We believe Magnetic MRO represents exactly that kind of partner, with strong client relationships in Europe and Asia that complement our U.S. presence and expand our Airbus product and maintenance offers to our clients.  As a result of this partnership, all of our airline customers will benefit from even faster response, broader service offers and more competitive pricing than ever before,” added Sarunas Rackauskas, CFO of Atlantic Jet Support.