Magnetic Engines: 2024 Recap
It’s the perfect time to reflect on how the year 2024 went for Magnetic Engines. With a dedicated CFM56 engines workshop operating at Tallinn Airport, the past year brought good progress and expansion in our maintenance and repair capabilities.
Key Highlights
Team Growth: Our team expanded by 20%.
Engine Repairs: A total of 57 engines were repaired, a 36% growth compared to 2023.
Engine Type Focus Shift: The share of advanced CFM56-5B/-7B engines increased to 72% of our total production flow.
Great Feedback: Our customer satisfaction rate grew from 4.54 in 2023 to 4.72/5 in 2024, with received feedback highlighting clear communication, high-quality work, and exceptional support as key strengths in our service.
Shop Expansion: The workshop area expanded by 30%, enabling us to work on up to five engines simultaneously and improving storage for pre- and post-repair engines.
LEAP Capabilities Development: We’ve started to develop our LEAP engine capabilities, with team members undergoing specialized training at CFM’s training centers.
Special Projects and Developments
Completed a CFM56-5B Engine DAC to SAC conversion.
Partnered with a loyal customer on an HPT Blades replacement program, covering seven engines.
Each project we finished in 2024 brought unique challenges, and some were particularly rewarding for the team to complete. New tooling was received in late 2024, with additional equipment expected in Q1 2025. These upgrades will enable us to perform full-performance restoration repairs on CFM56 engines with LLP replacements, further enhancing our service offerings and providing interesting projects to the team.
"Since our dedicated engines workshop was opened in 2020, Magnetic Engines has shown consistent growth year over year," said Filip Stanisic, Head of Magnetic Engines. "We are proud of our accomplishments and remain focused on consistently high service quality and opportunities ahead."