Magnetic Trading has acquired two Airbus A320-214 aircraft from Stratton Aviation which the firm said will assist in supporting the long-term development of its trading and airframe teardown strategy.
Both aircraft are currently located at Brunswick Executive Airport in the US where they are prepared for teardown.
The disassembly will be performed at Stratton Aviation’s MRO facility on site and is expected to take several weeks.
Magnetic Trading says the project reflects continued growth in demand for used serviceable material (USM), driven by increasing flight activity, ageing global fleets, and the need for cost-effective, reliable component supply across the aviation industry.
Airina Kacienaite-Krake, managing director of Magnetic Trading, said: “This acquisition reflects a strategic shift to further strengthen our trading activities. While aircraft parts trading has always been an important part of our business, this project marks a move beyond brokerage into a more advanced trading model.
“By being directly involved in teardown projects, with parts repaired and sold to end customers, we gain greater control over supply and strengthen our position in the market.”
Magnetic Trading and Stratton Aviation have worked together previously, but this project represents a deeper level of collaboration, combining local teardown capability in the US with Magnetic Trading’s global trading and distribution expertise.
Christian Mejia, sales director of Magnetic Trading USA, said: “I would like to thank Andrew Serrott and his team for their close collaboration in ensuring this transaction proceeded smoothly.
“This marks a significant milestone for Magnetic Group as it enables us to provide enhanced support to our customers through this airframe teardown project, driving growth across the Americas.”
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