Posted on: 01 June 2018 by Mark Howells
Magnetic MRO has strengthened its FAA repair station capabilities by becoming the only company in the Baltic States to have gained IA (Inspection Authorisation) rights.
Following its recent strategic expansion into the aviation asset management area, the company has continued with tactical investments to solidify its planned growth. Risto Mäeots, the company’s CEO, says the gaining of the authorisation rights means its team will be able to ensure possible off-site inspections from now on without outsourcing the service or manpower.
“Not only is this a valuable addition to our FAA service capabilities, but also a remarkable enabler for our exponentially growing asset management establishment MPTL (Magnetic Parts Trade Limited),” he said. “We always believe that well-trained professionals are the backbone of our industry and our growth strategy; evidently such addition to our capabilities will allow us to provide our customers and partnered leasing companies with utmost convenience, mainly in terms of cost-efficiency and time-saving.”
As an FAA IA holder, Estonia-headquartered Magnetic MRO is able to determine airworthiness by inspecting repairs and alterations offsite, as well as approving for return-to-service concerning any ‘N’ registered aircraft in addition to corresponding parts and appliances according to 14 CFR part 43.